Friday, December 2, 2011

Watco buying Birmingham Southern Railroad

BIRMINGHAM, Alabama - The Birmingham Southern Railroad, a short line railroad with 75 miles of track, has been sold to a unit of Kansas-based Watco Transportation Services. A Watco subsidiary, Birmingham Terminal Railway, has reached an agreement to purchase the assets of Birmingham Southern Railroad and will file paperwork with the Surface Transportation Board this month. It could take over operations as early as Feb. 1, 2012. Continued

No comments:

Post a Comment