{"id":5938,"date":"2025-10-03T10:29:10","date_gmt":"2025-10-03T14:29:10","guid":{"rendered":"https:\/\/www.candorail.com\/cando-adds-multi-purpose-terminal-in-texas\/"},"modified":"2025-10-03T10:29:10","modified_gmt":"2025-10-03T14:29:10","slug":"cando-adds-multi-purpose-terminal-in-texas","status":"publish","type":"post","link":"https:\/\/www.candorail.com\/fr\/cando-adds-multi-purpose-terminal-in-texas\/","title":{"rendered":"Cando Adds Multi-Purpose Terminal in Texas"},"content":{"rendered":"

Cando Rail & Terminals Adds Multi-Purpose Rail Terminal in Texas to Network<\/strong><\/p>\n

Acquisition of Houston, TX, terminal expands Cando\u2019s coast-to-coast network into the Gulf Coast of the United States, providing a beachhead to support significant expansion plans<\/em><\/p>\n

Supports both existing and new shipper-customers, as well as existing and new Class I railroad partnerships<\/em><\/p>\n

Represents Cando\u2019s third acquisition in the last two years, a critical pillar of Cando\u2019s ongoing growth strategy<\/em><\/p>\n

WINNIPEG, MB\/HOUSTON, TX \u2013 October 3, 2025 \u2013 Cando Rail & Terminals (\u201cCando\u201d), one of North America\u2019s largest owners and operators of first and last mile rail infrastructure, is pleased to announce it has entered into a definitive agreement to acquire the rail terminal and associated operations (the \u201cCando Channelview Terminal\u201d) of Texas Deepwater Partners (\u201cTexas Deepwater\u201d), a joint venture project formed by USD Group LLC and Pinto Realty Partners to develop a premier energy logistics terminal on the Houston Ship Channel. The Cando Channelview Terminal is a first-class, private railcar storage, staging, and transload terminal with existing capacity of 900 railcars, surplus real estate for future growth, and connects to the BNSF Railway, CPKC, and Union Pacific Railroad networks through the Port Terminal Railroad Association (\u201cPTRA\u201d).<\/p>\n

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Cando Channelview Terminal in Texas<\/figcaption><\/figure>\n

\u201cWe are very pleased to add our first terminal in the United States to our network of terminals,\u201d says Brian Cornick, President & CEO of Cando. \u201cThe Cando Channelview Terminal is a multi-customer, multi-purpose railcar storage, staging, and transload terminal strategically located on the north side of the Houston Ship Channel, serving many of the world\u2019s largest petrochemical producers. This asset is right down the middle of the fairway for Cando, and we look forward to engaging with the PTRA, existing customers, and new customers to enhance their supply chains and expand the terminal. In addition, we are excited to be the exclusive rail partner to Texas Deepwater and support its plans to further develop the site.\u201d<\/p>\n

The acquisition of Cando\u2019s newest terminal in Houston, TX, marks the company\u2019s third terminal acquisition in the last two years. \u201cAfter many years focused on organic growth, Cando has built a demonstrated track record of executing and integrating strategic acquisitions to enhance our network across North America,\u201d says Cornick. \u201cCando plans to continue investing organically and inorganically in critical rail infrastructure to support shipper-customers and Class I partners. Cando is uniquely positioned with world-class operations, a corporate culture obsessed with safety & customer experience, multi-decade partnerships, and an in-house design & engineering team, combined with an investment-grade balance sheet and significant access to capital.\u201d<\/p>\n

With the acquisition, Cando\u2019s network will have the capacity to store and stage more than 13,000 railcars. On closing of the transaction, the company will own and operate 15 rail terminals and one short line railway, in addition to providing rail operations at more than 50 customer locations.<\/p>\n

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Cando’s network includes 15 terminals, 1 short line, and rail operations at more than 50 customer locations.<\/figcaption><\/figure>\n

The transaction, which is subject to certain conditions and customary regulatory approvals, is expected to close in Q4 2025. Financial terms of the transaction were not disclosed.<\/p>\n

About Cando Rail & Terminals<\/strong><\/p>\n

Cando Rail & Terminals is North America\u2019s leading provider of specialized rail operating services and terminal infrastructure that allow industrial shippers to optimize their supply chains and connect to Class I railways by leveraging Cando\u2019s operating capabilities and network of owned multi-purpose rail terminals. The company provides a wide range of rail services including short line operations, industrial switching, material handling, terminal & transload services, railcar staging, train assembly, and related services.<\/p>\n","protected":false},"excerpt":{"rendered":"

Cando Rail & Terminals Adds Multi-Purpose Rail Terminal in Texas to Network Acquisition of Houston, TX, terminal expands Cando\u2019s coast-to-coast network into the Gulf Coast of the United States, providing a beachhead to support significant expansion plans Supports both existing and new shipper-customers, as well as existing and new Class I railroad partnerships Represents Cando\u2019s […]<\/p>\n","protected":false},"author":5,"featured_media":5939,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"footnotes":""},"categories":[452],"tags":[460,468,461,463,465,469,470],"class_list":["post-5938","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-non-classe","tag-brian-cornick","tag-multi-purpose-terminal","tag-rail","tag-rail-terminal","tag-railcar-storage","tag-terminal","tag-texas"],"acf":[],"_links":{"self":[{"href":"https:\/\/www.candorail.com\/fr\/wp-json\/wp\/v2\/posts\/5938","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.candorail.com\/fr\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.candorail.com\/fr\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.candorail.com\/fr\/wp-json\/wp\/v2\/users\/5"}],"replies":[{"embeddable":true,"href":"https:\/\/www.candorail.com\/fr\/wp-json\/wp\/v2\/comments?post=5938"}],"version-history":[{"count":0,"href":"https:\/\/www.candorail.com\/fr\/wp-json\/wp\/v2\/posts\/5938\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.candorail.com\/fr\/wp-json\/wp\/v2\/media\/5939"}],"wp:attachment":[{"href":"https:\/\/www.candorail.com\/fr\/wp-json\/wp\/v2\/media?parent=5938"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.candorail.com\/fr\/wp-json\/wp\/v2\/categories?post=5938"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.candorail.com\/fr\/wp-json\/wp\/v2\/tags?post=5938"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}