Cando Rail & Terminals is expanding its North American rail terminal network with the planned acquisition of the Channelview rail terminal in Houston, Texas. The site is Cando’s first U.S.-based terminal and connects to the networks of BNSF, CPKC, and Union Pacific via the Port Terminal Railroad Association (PTRA).
The Channelview site, previously operated by Texas Deepwater Partners—a joint venture of USD Group and Pinto Realty Partners—currently offers railcar storage, staging, and transloading capacity for up to 900 units.
Once the deal closes, expected in the fourth quarter of 2025, Cando’s terminal portfolio will total 15 sites alongside one short line and rail services provided at over 50 customer locations. The company estimates that its total network capacity will exceed 13,000 railcars.
This is the third terminal acquisition for Cando in the past two years, following a shift from a growth strategy based solely on organic development. The transaction remains subject to regulatory approvals.
