CIG Logistics, a Fort Worth-based oil and gas logistics provider, has been awarded a contract to operate and manage the Southton Rail Yard in San Antonio.
The 300-acre yard is designed for transloading and storing energy-related products for the Eagle Ford shale play. It offers 160 direct train-to-truck car spots and close proximity to South Texas drilling sites, considered advantageous in helping oil producers reduce overall supply chain costs.
“CIG Logistics was a natural selection to manage our rail yard and we’re confident its world-class inventory management, operational efficiency and reliability will ensure all our rail yard customers receive outstanding transloading and storage services,” said Southton CEO Kevin Bowen in a news release.
The deal sees CIG support Southton with operational expertise, as well as business development.
“CIG Logistics is proud to operate the Southton Rail Yard and we’re committed to improving management and efficiency for all rail yard customers,” said Michael Collins, CIG’s vice president of business development.
“As the oil industry faces market challenges, we’ll ensure all producers using the Southon Rail Yard receive reliable and cost effective supply chain operations to help grow their business,” Bowen said.
With financial backing from Barclays Natural Resource Investments, CIG Logistics operates rail terminals in the United States, Canada and Mexico. More information is available at www.ciglogistics.com.