White Pass & Yukon Railroad sold

In a joint venture, Alaska’s White Pass and Yukon Route Railroad (WP&Y) is being sold to Survey Point Holdings (majority owners) and Carnival/Holland America (minority owners). The deal is set to be final Aug. 1.
“Both companies have experience operating in Southeast Alaska, specifically in port operations and tourism, which dovetails nicely with our MO,” White Pass Local Chairperson Chris Williams said. “Suffice to say, we are cautiously optimistic.”
Begun in 1898 during the Klondike Gold Rush, the WP&Y today caters to the tourist trade. The narrow-gauge railroad operates on the first 67.5 miles (Skagway, Alaska to Carcross, Yukon) of the original 110-mile line. The operation is designated as an International Historic Civil Engineering Landmark.
SMART TD Local 1626 represents train and engine service workers employed by the WP&Y.