News: Global Partners LP (GLP)

GLP on New York Consolidated

11 Jul 2014
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Tue, Jul 8 2014

Kansas City Southern, Global Partners plan Texas oil rail terminal

NEW YORK, July 8 - Railroad owner Kansas City Southern has teamed up with oil product distributor Global Partners LP to build a major oil train terminal in Port Arthur, Texas that will import crude from Western Canada, the companies said in a statement on Tuesday.

UPDATE 1-Global Partners says NY railport expansion could be curbed

(Adds quotes, detail about other rail projects and phase-out of older crude railcars)

Global Partners says N.Y. railport expansion could be hampered

March 31 - Global Partners LP's plans to expand its Albany, New York, crude rail-to-barge operation to handle heavy Canadian crude could be hampered by a moratorium imposed by the state, Chief Executive Officer Eric Slifka told analysts on Monday.

ICE beats expectations amid integration of NYSE

NEW YORK - IntercontinentalExchange Group reported a fourth quarter loss on Tuesday because of onetime costs, including those related to its $11 billion purchase of the parent of the New York Stock Exchange, but expense control helped it beat expectations.

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