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Jones Capital Acquires Intermodal Rockport Terminals on Gulf Coast
Wednesday 07 April 2021

Houston, US-based private capital provider Jones Capital LLC has acquired intermodal terminals Rockport Terminals, located on the Gulf Coast of Texas, the company said.

Terms of the transaction were not disclosed.

Rockport Terminals is located within 28 miles of the port of Corpus Christi, but outside of the Port's tariff zone.

With more than 250 acres of industrial land, Rockport Terminals offers access to the Intracoastal Waterway, nearby railways, and many major highways. The terminal specialises in bulk liquids storage, bulk and break bulk, and bulk liquids product handling.

The acquisition is the third in two years for Jones Capital, a provider of private capital to lower middle market businesses in the transportation and logistics, technology, industrial, and business services markets.

Rockport Terminals is the only private multimodal port in the area between Brownsville and Houston, TX. Rockport specialises in providing bulk, break bulk, and bulk liquid handling with access to the Intracoastal Waterway, nearby railways, many major highways, and pipelines.
Date Published: 07/04/2021