Freight

UP named most admired by Fortune

Fortune named Union Pacific the most admired among trucking, transportation and logistics companies for the third consecutive year. The magazine’s annual World’s Most Admired list is published in the March 18 edition.

Crude by rail facility to be built on Houston Ship Canal

KW Express LLC, a partnership between Kinder Morgan Energy Partners, LP and Watco Companies LLC, entered into a long-term agreement with Mercuria Energy Trading Company Inc., to construct a 210,000-barrel-per-day (bpd) crude by rail project at the Greens Port Industrial Park on the Houston Ship Channel.