La compañía de holding Shortline Watco está agregando otro ferrocarril a su establo: Great Lakes Central, el operador de 420 millas de rastreo estatal en Michigan. Watco ya conoce bien el ferrocarril. Ha sido un inversor de capital en el GLC desde 2013. «El Great Lakes Central Railroad ha sido una...
https://fullavantenews.com/watco-adquiere-el-ferrocarril-de-michigan/?lang=es
Shortline holding company Watco is adding another railroad to its stable: Great Lakes Central, the operator of 420 miles of state-owned trackage in Michigan.
Watco already knows the railroad well. It has been an equity investor in the GLC since 2013.
“The Great Lakes Central Railroad has been a vital part of Michigan’s transportation network and both my father, Louis P. Ferris, Jr., and I have been deeply passionate about its role in connecting industries and communities,” GLC Chief Executive...
https://www.freightwaves.com/news/watco-acquires-michigan-railroad
The Louisiana Department of Transportation and Development is awarding grants totalling $3 million to two projects aimed at increasing network fluidity, supporting the broader supply chain and modernizing and increasing the climate resiliency of existing infrastructure.
The state offered the grants via its Class II and Class III rail infrastructure improvement program.
“Our freight and passenger rail infrastructure needs improving if we want to continue successfully moving goods throughout the...
https://www.freightwaves.com/news/louisiana-gives-3-million-to-2-short-line-railroad-projects
Short-line operator and 3PL Watco is partnering with next-generation rail software provider Telegraph to provide shippers with railcar visibility beyond Watco’s facilities and tracks.
Pittsburg, Kansas-headquartered Watco will incorporate Chicago-based Telegraph’s operating system into its operations. The two companies say the partnership will enable Watco’s customers to incorporate rail into the procurement and execution processes.
Telegraph says its software provides visibility into carload...
https://www.freightwaves.com/news/watco-telegraph-to-partner-in-railcar-visibility-initiative
While battery-electric and hydrogen-powered locomotives have received the lion’s share of coverage when it comes to North American freight railroads and sustainability initiatives, a railroad seeking to adopt sustainability or climate resiliency measures need not spend vast amounts of money.
Indeed, implementing sustainability initiatives may consist of determining where to adjust existing procedures to align with the goal of reducing carbon emissions, according to panelists who spoke at the Tran...
https://www.freightwaves.com/news/freight-rail-panel-sustainability-neednt-break-the-bank
President Joe Biden appointed Karen Hedlund last week to serve as a member of the Surface Transportation Board after the Senate confirmed the nomination.
She replaced Ann Begeman, whose time at STB ended on Friday with Hedlund’s appointment. Hedlund has yet to be sworn in.
When Biden nominated her last April, Hedlund was described as a rail expert who has served as a legal adviser at the federal, state and local levels and...
https://www.freightwaves.com/news/rail-roundup-stb-sees-flurry-of-activity-ahead-of-holidays
At March’s TTB 2021, Jonathan Zier, manager-business development of offshore services for Crowley Maritime, spoke on tug and barge opportunities for U.S. offshore wind installations. Last month, Zier told us more.
Marine Log (ML): Crowley has recently partnered with Watco and Esvagt on U.S. offshore wind related projects. Can you tell us more about these partnerships and Crowley’s plans for offshore?
Jonathan Zier (JZ): Crowley is taking a “cradle-to-grave” approach with respect...
https://www.marinelog.com/coastal/tugs-barges/10-minutes-with-crowleys-jonathan-zier/
Canadian railway CN (NYSE: CNI) and short line operator Watco have agreed to allow Watco to take over the freight operations at one of CN’s passageways between the U.S.-Canadian border.
CN will sell to Watco its noncore lines and assets that are on the Soo division, which consists of approximately 250 miles of track and runs from Sault Ste. Marie to Oba, Ontario. The sale also consists of approximately 650 miles of branch lines of the Wisconsin Central in Wisconsin and Michigan. The Wisconsin...
https://s29755.pcdn.co/news/watco-to-take-over-cns-noncore-operations-in-ontario-upper-midwest