Texas and New Mexico Railway TXN #815
Nature of Firm
TXN operates freight service from a connection with Union Pacific at Monahans, TX to Lovington, NM (105 miles). Traffic consists of oilfield commodities, aggregates, chemicals, scrap metal, hydrochloric acid and hazardous waste. The TXN can receive unit trains from Union Pacific and several unit train capable facilities are present on the line.
History
The line was built by the Texas-New Mexico Railway which was incorporated on November 19, 1927. Construction started the following year and the road was completed to Lovington on July 20, 1930. Texas & Pacific had gained control in October 1928. Union Pacific sold the property to RailTex and short line service started on September 18, 1989. RailAmerica acquired the line in February 2000 and sold to Permian Basin Railways in May 2002. Watco acquired the line from Permian Basin Railways in July 2015.
Company Information
| Web Site | www.watcocompanies.com |
| Company Affiliation | Watco Companies, LLC. |
| Interchange Points | Monahans, TX |
| Agreement Type | Switch Carrier |
| Information Exchange Method | RMI |