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View Full Version : Watco again - Birmingham Southern this time


ShortlinesUSA
12-02-2011, 08:20 PM
Somebody must have given the Webb family some Christmas money. Third railroad added this week. Transtar is selling them the Birmingham Southern. There was a strong rumor about 5 years ago they were selling out to RailAmerica, but it never happened. When the remaining US Steel railroads were grouped into a separate entity (Transtar), many suspected they'd eventually be sold off. Looks like that may be getting under way.

http://www.watcocompanies.com/news/press_releases/2011/BHRR_Press_Release.pdf

nikos1
12-02-2011, 10:35 PM
Was definetly not expecting this one either, I dont see the benefit since the traffic is almost all US steel anyways. Glad I got some shots of the green and yellow. On the bright side now that its no longer a US Steel property they wont be so paranoid about railfans.