Untitled Document
Untitled Document

BNSF Logistics acquires project cargo provider EP-Team Inc.

BNSF Logistics LLC, a third party logistics provider and wholly owned subsidiary of Burlington Northern Santa Fe LLC, a Berkshire Hathaway company, has acquired EP-Team Inc., a privately held global logistics project cargo provider.

EP-Team is based in Flower Mound, Texas and operates multiple locations in the US and around the globe.  The acquisition by BNSF Logistics comes on the heels of the Albacor Shipping acquisition as the company moves to expand its global project cargo services portfolio.

“EP-Team occupies a very specialized and exciting space in the project cargo market and it perfectly fills one of the few gaps in the BNSF Logistics portfolio.  We are confident that the respective strengths of our organizations are going to create a market-leading alternative in the project cargo arena,.” said Ray Greer, BNSF Logistics President.

Integration activities are already underway, though EP-Team will continue to operate with a degree of autonomy and under the same name for an undetermined period of time.

Related Articles

Construction of Seaway Pipeline loop completed

07/07/2014 Enterprise Products Partners LP and Enbridge Inc. report that the 512-mile loop of the Seaway Pipeline system from Cushing, Oklahoma, to the Jones Creek storage and terminal facility near Freeport,...

Fitch publishes two new oil & gas dashboards

06/30/2014

Fitch Ratings has published its US Midstream Dashboard and its Crude Oil and Refined Products Pipelines Dashboard.

GreenHunter Resources to begin multiple-pipeline project in shale areas

06/30/2014 GreenHunter Resources Inc. reports that, through its wholly-owned subsidiary GreenHunter Pipeline LLC, it has executed multiple definitive agreements to have exclusive use of three independent pipe...

ETP plans to build Marcellus-Utica pipeline project

06/26/2014 Energy Transfer Partners LP plans to build a pipeline to transport natural gas from processing facilities located in the prolific Marcellus and Utica shale areas to numerous market regions in the U...

Southern Star begins non-binding open season for Sooner Trails

06/26/2014 Southern Star Central Gas Pipeline Inc., as agent for Southern Star Central Corp. (SSC), is developing a new interstate natural gas pipeline project that will connect the South Central Oklahoma Oil...

More Oil & Gas Financial Articles

Construction of Seaway Pipeline loop completed

Mon, Jul 7, 2014

Enterprise Products Partners LP and Enbridge Inc. report that the 512-mile loop of the Seaway Pipeline system from Cushing, Oklahoma, to the Jones Creek storage and terminal facility near Freeport, Texas, is mechanically complete.

Fitch publishes two new oil & gas dashboards

Mon, Jun 30, 2014

Fitch Ratings has published its US Midstream Dashboard and its Crude Oil and Refined Products Pipelines Dashboard.

GreenHunter Resources to begin multiple-pipeline project in shale areas

Mon, Jun 30, 2014

GreenHunter Resources Inc. reports that, through its wholly-owned subsidiary GreenHunter Pipeline LLC, it has executed multiple definitive agreements to have exclusive use of three independent pipelines.

ETP plans to build Marcellus-Utica pipeline project

Thu, Jun 26, 2014

Energy Transfer Partners LP plans to build a pipeline to transport natural gas from processing facilities located in the prolific Marcellus and Utica shale areas to numerous market regions in the US and Canada.

Southern Star begins non-binding open season for Sooner Trails

Thu, Jun 26, 2014

Southern Star Central Gas Pipeline Inc., as agent for Southern Star Central Corp. (SSC), is developing a new interstate natural gas pipeline project that will connect the South Central Oklahoma Oil Province (SCOOP) production play to the Bennington Pipeline Hub in Bryan County, Oklahoma.

Most Popular

Oil & Gas Jobs

Search More Job Listings >>
Subscribe to OGFJ