Transtar (US Company) explained

Transtar, Inc. is a subsidiary of US Steel. It was organized in 1988 to own US Steel's railroad and other transportation subsidiaries. In the third quarter of 2021 it will be taken over by Fortress Transportation and Infrastructure Investors.[1]

Transtar owns or has owned the following companies:

CompanyAcquired fromDateNotes
Birmingham Terminal RailwayUS Steel1988Sent to Watco in 2012, name changed from Birmingham Southern Railroad to Birmingham Terminal Railway.
Delray Connecting RailroadNational Steel Corporation2003[2] Owned directly by US Steel until 2005[3]
Gary RailwayUS Steel2009Created from unsold part of Elgin, Joliet & Eastern Railway
Fairfield Southern CompanyUS Steel1988[4] In-plant operation; subsidiary of Birmingham Southern Railroad
Lake Terminal RailroadUS Steel1988
Lorain Northern RailroadUnknownN/AOperates in close relations with the Lake Terminal Railroad
McKeesport Connecting RailroadUS Steel1988Ceased operations
Mobile River Terminal CompanyUS Steel1988[5] Subsidiary of Warrior and Gulf Navigation Company
Texas and Northern RailwayLone Star Steel Company2007[6] [7]
Union RailroadUS Steel1988
Warrior and Gulf Navigation CompanyUS Steel1988[8]
Bessemer & Lake Erie RailroadUS Steel1988[9] Sold 2001 to Great Lakes Transportation
Duluth, Missabe & Iron Range RailwayUS Steel1988Sold 2001 to Great Lakes Transportation
Pittsburgh and Conneaut Dock CompanyUS Steel1988Sold 2001 to Great Lakes Transportation
USS Great Lakes FleetUS Steel1988[10] Sold 2001 to Great Lakes Transportation
Elgin, Joliet & Eastern RailwayUS Steel1988Sold 2009 to Canadian National

External links

Notes and References

  1. https://www.railwayage.com/freight/short-lines-regionals/fortress-to-acquire-u-s-steels-short-line-subsidiary/ Fortress to Acquire US Steel’s Short Line Subsidiary
  2. http://www.stb.dot.gov/decisions/ReadingRoom.nsf/WEBUNID/FE8B79E12BA64F4485256CCB0058799B?OpenDocument STB Finance Docket No. 34311
  3. http://www.stb.dot.gov/decisions/ReadingRoom.nsf/WEBUNID/16668D959F6208DD852570A6005B06EC?OpenDocument STB Finance Docket No. 34767
  4. http://www.tstarinc.com/birmingham/fs-history.htm Fairfield Southern Company
  5. http://www.tstarinc.com/mrt/history.html Mobile River Terminal
  6. http://www.stb.dot.gov/decisions/ReadingRoom.nsf/WEBUNID/CA192BCCE52BCE97852572E2004E3A46?OpenDocument STB Finance Docket No. 35027
  7. http://www.stb.dot.gov/decisions/ReadingRoom.nsf/WEBUNID/BF2B62E5F252040D8525732B004B59C1?OpenDocument STB Finance Docket No. 35070
  8. http://www.tstarinc.com/wgn/history.html Warrior & Gulf Navigation Co.
  9. http://www.stb.dot.gov/decisions/ReadingRoom.nsf/WEBUNID/08CFC8DBD8A6964D8525699100583C6E?OpenDocument STB Finance Docket No. 33942
  10. Jonathan P. Hicks, New York Times, USX Agrees to Sell Transportation Unit, June 21, 1988