Genesis terminal begins service, increasing traffic along AGR
17 August 2012
Midstream energy company Genesis Energy has finished building its crude oil unloading terminal in Florida, US and the terminal is now in service.
The facility is designed to receive approximately 100-car unit trains of crude oil from a number of shale regions across the US and Canada, which it will via the Alabama & Gulf Railway (AGR). RailAmerica, part of the AGR, is serving the new terminal.
Following its route from the shale regions to the terminal via the AGR, the crude oil will then be off-loaded into storage tanks before it is inserted into Genesis' existing transportation pipeline for direct and indirect (through third-party common carriers) delivery to customers in the Southeast.
With rail traffic predicted to increase following the completion of Genesis' new terminal, RailAmerica has expanded the AGR infrastructure in order to support this rise in capacity.
'Many industries, including the energy industry, have a growing need for efficient rail-based distribution terminals. There are a number of advantages for moving raw materials and finished products by rail versus other modes of transportation. The environmental benefits, energy-cost savings and overall efficiency of rail transportation are all compelling drivers of continued development on our short-line railroads like AGR,' Gary Lewis, chief commercial officer of RailAmerica, was reported as saying.