Washington Terminal Company
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.
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:
- Baltimore and Ohio Railroad (B&O)
- Pennsylvania Railroad (PRR)
- Chesapeake and Ohio Railway (C&O)
- Richmond, Fredericksburg and Potomac Railroad (RF&P)
- Southern Railway (SOU)
- Atlantic Coast Line Railroad (ACL)
- Seaboard Air Line Railroad (SAL)
In 1981, Amtrak took over the terminal company's operations. It currently owns a 99.7% interest in WTC; all of its officers and directors are Amtrak employees. 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?]
- Tindall, William (1914). Standard History of the City of Washington. Knoxville, TN: H.W. Crew. p. 418. Retrieved 2009-09-16.
- Amtrak (2007)."Nation’s Capital Marks 100 Years of Train Service." Amtrak Ink (newsletter). October 2007. p.3.
- "SEC Info – A/P I Deposit Corp · S-3 · On 1/11/02".
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