US regional and shortline railway operator Watco is set to expand its Australian operations after signing a contract with grain marketer and handler GrainCorp to operate its trains in the state of Queensland.
A subsidiary of Watco Companies, United States, is developing plans to launch passenger services between Oklahoma’s two largest cities.
WATCO Companies confirmed on May 18 that it has entered into a definitive agreement to purchased two west Texas shortlines from Iowa Pacific Holdings for an undisclosed sum.