Patriot Rail Corp. and Pro Sands Processing enter into agreement

Written by jrood

Patriot Rail Corp., a privately-held shortline and regional freight railroad company, through its Louisiana and North West Railroad subsidiary, has entered into a long-term lease and rail freight services agreement with Pro Sands Processing, LLC, a frac sand supply, storage and delivery services company serving the oil and gas industry. Under the exclusive five-year agreement, Pro Sands will lease 10 acres of property at LNW's newly-constructed Iron Bridge Road transload facility in Gibsland, LA. LNW will deliver freight carloads of frac sand to Pro Sands at the Iron Bridge Road facility where the product will then be dried, processed and transloaded to truck for delivery to energy customers in the region. Pro Sands has committed moving a minimum of 2,400 carloads of freight annually into the facility. Once the Pro Sands facility at Iron Bridge Road is fully operational, it is anticipated that LNW will move up to 5,000 annual carloads of frac sand for them. "We are pleased to have Pro Sands join other shippers at our newly constructed Iron Bridge Road transload facility," said Patriot's Chairman, President & CEO, Gary Marino. "Pro Sands is a well-known and established frac sand supplier and at this location will be positioned to serve the energy-related customers in the Haynesville shale region. This new business allows Patriot to fully utilize its assets at the LNW and generate significant carloads and guaranteed revenue."  

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