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Rail News: Kansas City Southern
TYR Energy acquires KCS-linked rail terminal in Texas
TYR Energy Logistics LLC has acquired control of the Bronco Road Railroad Terminal (BRRT) in Corpus Christi, Texas, the company announced yesterday.
Located south of the city's "Refinery Row," BRRT is the only rail terminal in Corpus Christi directly connected to a Kansas City Southern line, which provides access via Kansas City Southern de Mexico to all major markets in northeastern and central Mexico, TYR officials said in a press release.
BRRT features five miles of track and was recently renovated. TYR is finalizing an agreement that would give BRRT direct access to dock facilities on the south side of the Port of Corpus Christi.
The company plans to connect the terminal to the port via pipeline and truck to allow two-way flow of product for import and export from supply markets, TYR officials said.
The direct connection to KCS provides several advantages, said TYR Chief Executive Officer Aaron Ball.
"Kansas City Southern is unique in its ownership of an extensive line on both sides of the U.S.-Mexico border," Ball said. "Our customers have direct access to Mexico and don’t have to pay fees associated with using multiple rail lines for most of the major markets. We also view rail as the most reliable and secure form of refined fuels transportation in Mexico."
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