Class I

Henderson Bypass Receives CSX Select Site Designation

CSX has designated the Henderson Bypass Rail Site in Henderson, Ky., as a CSX Select Site, a “development-ready property along the CSX network where standard land use considerations and comprehensive due diligence items have been previously addressed … able to meet the needs of a wide variety of manufacturers, significantly reducing the time required to construct facilities and ultimately bring products to market.”

CP, KCS, USD, Gibson Energy, ConocoPhillips Canada Forge Diluent Recovery Deal

US Development Group, LLC (through wholly-owned affiliate SD) and Gibson Energy Inc. (Gibson) jointly announced this week an agreement to construct and operate a diluent recovery unit (DRU) near Hardisty, Alberta, Canada. ConocoPhillips Canada has contracted to process 50,000 barrels per day of inlet bitumen blend through the DRU to be shipped by Canadian Pacific and Kansas City Southern to the U.S.