News & Events

Davison Transport/Terminals

CADDO-BOSSIER PARISHES PORT COMMISSION

November 4, 2009

Davison Transport/Terminals

The Caddo-Bossier Parishes Port Commission voted in favor of a resolution authorizing the financing of Nine Million Dollars ($9,000,000) through the Louisiana Community Development Authority (LCDA) bond issue. The purpose of this financing is for the expansion of the truck terminal at Red River Terminals, two additional storage tanks within their tank farm facility, as well as a new rail spur at The Port of Shreveport-Bossier.

The new storage tanks will be floating roof tanks and have the vapor recovery systems. These tanks are unlike any other currently at The Port and will allow Davison to attract new business and increase their volumes through The Port of Shreveport-Bossier. The expanded tank farms, totaling approximately 500,000 barrels of storage capacity, combined with their expanded truck terminal and rail spur, will facilitate their existing and anticipated increases in activity from The Port.

About Davison

Trucking Business: The trucking business operates under the name Davison Transport ("DT"). DT operates a fleet of approximately 250 tractors and over 500 trailers engaged in the transportation of petroleum products and other bulk commodities. The rolling stock, in addition to third-party carriage, supports the operations of the refinery services, petroleum products marketing, and terminal businesses.

Terminal Business: Davison operates terminals for the storage and blending of refined petroleum products under the names Davison Terminal Services, Sunshine Oil and Red River Terminals. The terminal business consists of nine owned or operated terminals in North Louisiana and Mississippi. Each of the terminals is connected to multiple transportation modes.