Washington Terminal Company

From Wikipedia, the free encyclopedia
  (Redirected from Washington Terminal)
Jump to navigation Jump to search
Rail yard immediately north of Union Station in the early 20th century

The Washington Terminal Company (reporting mark WATC) is a corporation created in Washington, D.C., United States, to provide support to railroads using Washington's Union Station. It is now a nearly wholly owned subsidiary of Amtrak.

It was established in 1901 by the Baltimore and Ohio Railroad and the Pennsylvania Railroad-controlled Philadelphia, Baltimore and Washington Railroad.[1]

The Washington Terminal Company owned and operated Union Station (opened in 1907) and about 5 miles (8.0 km) of track in the Washington area, providing switching services for passenger trains using the station or passing through the area:

Union Station in the early 20th century

In 1981, Amtrak took over the terminal company's operations.[2] It currently owns a 99.7% interest in WTC; all of its officers and directors are Amtrak employees.[3] Despite being nearly wholly owned by Amtrak, the Washington Terminal Company is legally a separate entity, and unlike Amtrak, it is not exempt from the Interstate Commerce Act. This allowed Virginia Railway Express to threaten a filing to the Surface Transportation Board to enforce its right to access when Amtrak tried to oust VRE from Union Station after VRE said they would not automatically re-hire Amtrak as its operating contractor. Faced with this action, Amtrak backed down.[when?][citation needed]

See also[edit]

References[edit]

  1. ^ Tindall, William (1914). Standard History of the City of Washington. Knoxville, TN: H.W. Crew. p. 418. Retrieved 2009-09-16. 
  2. ^ Amtrak (2007)."Nation’s Capital Marks 100 Years of Train Service." Amtrak Ink (newsletter). October 2007. p.3.
  3. ^ "SEC Info – A/P I Deposit Corp · S-3 · On 1/11/02".