Pair of Houston companies partner up to build new Ship Channel terminal

The Houston-based rail and terminal company USD Group is teaming up with Pinto Realty Partners to develop a “premier U.S. Gulf Coast destination terminal” along the Houston Ship Channel.

The 988-acre, TDWP Terminals property along Jacintoport Boulevard will ultimately support more rail delivery for liquid hydrocarbons, in addition to storage, blending and export operations, according to the announcement. The location offers access to inbound and outbound pipelines, as well as to barges and Gulf Coast refining centers.

“We believe this site is uniquely positioned to provide our customers with flexible market access to key demand centers – both domestic and abroad – and we look forward to working closely with Pinto to execute on this tremendous opportunity,” USD Group CEO Dan Borgen said in the announcement.

The companies did not immediately respond to inquiries about project costs and timelines.

The site currently supports rail storage operations with the Burlington Northern Sante Fe and Union Pacific railroads.

Houston-based Pinto Realty is run by as a subsidiary of Cockrell Interests.

USD Group was previously the U.S. Development Group, re-naming itself last year. The company also recently launched a master-limited partnership, USD Partners.

Overhead view of the site where Pinto Realty and USD Group will build a new terminal near the Houston Ship Channel (Pinto Realty)
Overhead view of the site where Pinto Realty and USD Group will build a new terminal on the Houston Ship Channel (Pinto Realty)
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