RAIL Shale play energy production in North America continues to drive new business for rail tank operators and manufacturers as infrastructure develops, while opportunities for rail movements of liquids in bulk are opening up in other territories too
US Rapid development of North American oil and natural gas reserves from shale plays has meant boom times for operators that can move product. But as dust settles after the initial rush to market, various players are reconfiguring their strategies
US Development Group (USDG), a developer of rail logistics terminals, is establishing a facility in the US city of Van Hook, North Dakota, to handle Bakken shale formation crude oil, according to North American railroad Canadian Pacific (CP)
US Development Group (USDG), a Houston based developer of logistics and terminal facilities, has begun construction of its new St James Rail Terminal, a crude oil and condensate unit-train handling and distribution hub located in the Gulf Coast region of Louisiana.