KCS: Crude-by-rail to Texas to flourish, crude terminal being planned

07/22/2013 | Reuters

Kansas City Southern's crude oil shipments to Texas are expected to increase, according to KCS officials. This is due in part to new storage tanks being built that will support rail unloading facilities at the Port of Beaumont. Construction of a new crude-oil terminal at Port Arthur will also start as soon as approvals are granted, said KCS CEO David Starling.

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