Cando’s US Expansion: Houston Terminal Boosts Rail Capacity

Cando Rail & Terminals expands its network! The acquisition of the **Cando Channelview Terminal** strengthens its rail terminal operations with 900+ rail car capacity.

October 7, 2025 6:54 am

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Introduction

Cando Rail & Terminals has reached an agreement to acquire the rail terminal and operations of Texas Deepwater Partners, a joint venture of USD Group LLC and Pinto Realty Partners, located on the Houston Ship Channel.

Transaction Overview

The transaction is anticipated to conclude in the fourth quarter. Financial details were not disclosed.

Terminal Details

The newly named Cando Channelview Terminal is a rail-car storage, staging, and transload terminal. It currently has a capacity of 900 rail cars. The terminal includes real estate for future expansion and has connections to BNSF Railway, Canadian Pacific Kansas City, and Union Pacific Railroad via the Port Terminal Railroad Association (PTRA).

Strategic Significance

Cando Channelview Terminal marks Cando’s inaugural U.S. terminal and the third terminal acquisition within the last two years. Cando’s other terminals are situated in Canada. This acquisition will expand Cando’s network to encompass 15 terminals and one short line. The company also provides rail operations at over 50 customer locations.

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Conclusion

Cando Rail & Terminals is set to acquire the Cando Channelview Terminal from Texas Deepwater Partners, a joint venture of USD Group LLC and Pinto Realty Partners. The terminal, located on the Houston Ship Channel, includes a capacity of 900 rail cars and connections to BNSF Railway, Canadian Pacific Kansas City, and Union Pacific Railroad. The deal, expected to close in the fourth quarter, will increase Cando’s network to 15 terminals and one short line.

Company Summary

Cando Rail & Terminals: Provides rail terminal and operations services, with terminals located in both Canada and the U.S. The company also offers rail operations at customer sites.

USD Group LLC: A partner in the Texas Deepwater Partners joint venture.

Pinto Realty Partners: A partner in the Texas Deepwater Partners joint venture.

BNSF Railway: A railway company with connections to the Cando Channelview Terminal.

Canadian Pacific Kansas City: A railway company with connections to the Cando Channelview Terminal.

Union Pacific Railroad: A railway company with connections to the Cando Channelview Terminal.

Port Terminal Railroad Association (PTRA): Provides rail connections to the Cando Channelview Terminal.

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