Watco

Watco

Watco announces new Port 10 SIT yard

Port 10 Watco Rail Logistics, a joint venture of Watco Companies LLC, Pontikes Development, and McNair Interests, announces plans to build and operate a 400-car storage-in-transit (SIT) yard designed to alleviate railcar congestion and accelerate supply chain distribution.

Watco

STB Grants approval for Watco acquisitions in Wisconsin and Michigan

The Surface Transportation Board issued a decision granting approval for exemptions sought by Watco Holdings, Inc., and two of its subsidiaries (collectively, Watco) in the acquisition of approximately 652 miles of rail line in Wisconsin and Michigan from Wisconsin Central Ltd. (WCL), which is controlled by Canadian National Railway Company.