Financial News

Savage to Move “Crude by Rail” at Utah Terminals

Savage today announced the expanded service offerings at its terminals located in Price and Salt Lake City, Utah, to include crude by rail transloading services, and associated car storage, on a manifest basis. These terminals will provide Uinta Basin crude, bound for key refinery markets, access to rail transportation. The Savage terminal in Price, Utah, is the first facility in the area to offer crude by rail origination services on the Union Pacific Railroad. Together with the Savage Bingham & Garfield in Salt Lake City, these Savage terminals will have the capacity to transload 9,000 bpd.

“Oil producers in the Uinta Basin need to get their crude to market,” said Kirk Aubry, President and Chief Operating Officer for Savage. “The lack of petroleum transloading in the area led us to apply our crude by rail experience to these existing Savage terminals.”

The Savage terminals in Price and Salt Lake City can provide rail car switching, railcar spotting, transloading, truck transportation and car storage related to crude handling for rail transport. Services are available 24 hours per day, seven days a week. Starting in May, both of these terminals will be fully operational for manifest services, and as market demand increases, unit train capacity and crude tank storage will be considered. The transloading services and rail line connections offered at these terminals provide crude coming from the Uinta Basin the flexibility to be delivered to the East Coast, West Coast and Gulf Coast refinery markets. These Savage terminals are also positioned to meet the growing needs of inbound or outbound oilfield materials, as customer needs dictate.

Contact Terrence Savage for more details on these services: terrencesavage@savageservices.com, 801-694-2249.

About Savage

Savage is an innovative supply chain solutions company, dedicated to creating value for customers by moving and managing critical materials and improving operational efficiency with worry-free consistency. With 170 locations and over 2,700 employees, Savage is a global leader in the creation and delivery of bundled supply chain management services that are tailored to meet the needs of customers. Savage serves many industries including: electric power generation, coal production, oil and gas, refining, agriculture, chemical, mining and manufacturing. With capabilities that span transportation, asset management and material handling and processing, Savage provides services and technology customized for each customer’s unique supply chain challenge. For further information regarding Savage, please visit www.savageservices.com.

Contacts:

Savage
Rebecca Boucher, 801-944-6584
Communications Director
rebeccaboucher@savageservices.com

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