PSC Group Acquires Bayport Rail Terminal
Written by Marybeth Luczak, Executive Editor
PSC Group on Jan. 9 reported acquiring the Union Pacific-served Bayport Rail Terminal in Texas from US Development Group.
In operation for more than 20 years, the 115-acre Bayport Rail Terminal serves the chemical industry on the Bayport Loop and Port Houston, offering loaded and empty railcar staging and switching; full-service railcar repair and cleaning operations; and rail-to-container transloading. With significant undeveloped acreage, it is “uniquely positioned to continue to expand and serve the surrounding industry and port needs,” according to PSC Group, which describes itself as an “embedded logistics service provider offering rail, truck, and marine logistics, railcar repair, and sustainability services to the petrochemical, refining and marine industries across North America.”
Bayport Rail Terminal marks PSC Group’s sixth acquisition since teaming with Aurora Capital Partners in 2019; the others include Prokar Inc. in 2021 and Fryoux Tankerman Service in 2023, as well as Akrotex Extrusion, Thermoplastics Services Inc., and Steel Line Rail Services LLC. PSC Group also recently announced the opening of its Advanced Recycling Facility in Baytown, Tex.
Wells Fargo Securities LLC served as the financial advisor to US Development Group.
“The wide range of solutions and services provided by the Bayport Rail Terminal [BRT] expands our existing capabilities, and we are thrilled to welcome it to the PSC family,” PSC Group CEO Joel Dickerson said. “BRT is a one-of-a-kind logistics asset strategically situated close to the Port of Houston and in the heart of the Houston chemical industry. Access to these markets will enable PSC to expand our offering of critical last-mile logistics services to the more than 80 rail-served manufacturing and logistic facilities housed along the Bayport Loop and the Port of Houston.”
