Friday, August 17, 2012

Genesis Energy, L.P. develops crude oil unloading terminal along RailAmerica's Alabama & Gulf Coast Railway

The Alabama & Gulf Coast Railway, a RailAmerica Inc. property, is now serving a new crude oil-unloading terminal developed by Genesis Energy, L.P. The Walnut Hill, Fla., terminal, which started service on Monday, August 13, is designed to receive approximately 100-car unit trains of crude oil via the AGR from various shale regions in the U.S. and Canada.

The partnership includes investments by RailAmerica to increase capacity on the AGR to support the anticipated growth in rail traffic to the terminal. The infrastructure investments will ensure continued support and rail capacity for other existing and growing customers in the area.

RailAmerica's industrial development team worked closely with Genesis Energy, L.P., to determine the unique location along the AGR that allows Genesis Energy, L.P., to make a direct connection into its pipeline system. The AGR also provides connections with various Class 1 railroads, including BNSF, Canadian National, CSX, Kansas City Southern and Norfolk Southern, to enable crude oil sourcing from nearly any region in the U.S. or Canada.

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