Dakota Plains Holdings, Inc. (DAKP) JV’s Major Rail Capacity, Inbound Logistics, and Storage Upgrade at Williston Facility
Dakota Plains Holdings announced some major news today regarding expansion of their New Town, North Dakota oil transloading facility (current on-site tank car capacity of 160), in conjunction with JV partner and wholly-owned subsidiary of World Fuel Services Corp. (INT), Petroleum Transport Solutions, LLC., as construction of the new Pioneer Project kicks off. The Pioneer Project is on the company's sprawling 192-acre New Town site, which will eventually host the planned double loop track (8,300 feet each), containing an interior space of some 90 or more acres for facilities, including a ten-tank car load out building and two 90k bbl…