•  
  •  
  •  
  •  
  •  
  • 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

    BridgeTex Pipeline extends open season

    08/11/2014 Magellan Midstream Partners LP and Occidental Petroleum Corp. report that BridgeTex Pipeline has extended its supplemental open season for additional transportation commitments on the pipeline. Bin...

    Kinder Morgan to Expand Edmonton Terminal

    08/08/2014 Kinder Morgan reports that its joint venture has entered into additional firm take or pay agreements with oil majors sufficient to allow a planned expansion project to move forward by adding increm...

    BKEP to build Pipeline Project to Serve Eaglebine Crude Producers

    08/07/2014 Blueknight Energy Partners LP plans to build a major pipeline linking the emerging East Texas Eaglebine/Woodbine crude oil resource play to Oiltanking Houston, a crude oil and product terminal on t...

    Regency and AE-MIDCO Enter Into Joint Venture

    08/07/2014 Regency Energy Partners LP and American Energy – Midstream LLC (AE-MidCo) have entered into a joint venture agreement for the construction and operation of Regency’s previously announced Utica Ohio...

    KMP expanding Kinder Morgan crude and condensate system

    08/05/2014 Kinder Morgan Energy Partners LP will invest $54 million to build an interconnect and other facilities for its Kinder Morgan Crude and Condensate (KMCC) pipeline after entering into a long-term tra...

    More Oil & Gas Financial Articles

    BridgeTex Pipeline extends open season

    Mon, Aug 11, 2014

    Magellan Midstream Partners LP and Occidental Petroleum Corp. report that BridgeTex Pipeline has extended its supplemental open season for additional transportation commitments on the pipeline. Binding commitments are now due by 5 p.m. Central Time on Aug. 14.

    Kinder Morgan to Expand Edmonton Terminal

    Fri, Aug 8, 2014

    Kinder Morgan reports that its joint venture has entered into additional firm take or pay agreements with oil majors sufficient to allow a planned expansion project to move forward by adding incremental capacity of 110,000 barrels per day at the Edmonton Rail Terminal.

    BKEP to build Pipeline Project to Serve Eaglebine Crude Producers

    Thu, Aug 7, 2014

    Blueknight Energy Partners LP plans to build a major pipeline linking the emerging East Texas Eaglebine/Woodbine crude oil resource play to Oiltanking Houston, a crude oil and product terminal on the Houston Ship Channel, owned and operated by Oiltanking Partners LP.

    Regency and AE-MIDCO Enter Into Joint Venture

    Thu, Aug 7, 2014

    Regency Energy Partners LP and American Energy – Midstream LLC (AE-MidCo) have entered into a joint venture agreement for the construction and operation of Regency’s previously announced Utica Ohio River Project.

    KMP expanding Kinder Morgan crude and condensate system

    Tue, Aug 5, 2014

    Kinder Morgan Energy Partners LP will invest $54 million to build an interconnect and other facilities for its Kinder Morgan Crude and Condensate (KMCC) pipeline after entering into a long-term transportation agreement with Republic Midstream Marketing LLC.

    Most Popular

    Oil & Gas Jobs

    Search More Job Listings >>
    Subscribe to OGFJ