USD Partners LP USDP

Company Overview

USD Partners LP is a U.S.-based master limited partnership that owns and operates midstream infrastructure assets focused primarily on rail-based logistics for crude oil, renewable fuels, and other energy-related products. The company has historically operated within the energy infrastructure and transportation sectors, generating revenue through long-term, fee-based terminal services agreements and logistics contracts. Its operations have centered on facilitating the movement, storage, and transloading of petroleum and renewable fuel products between rail networks, pipelines, storage systems, and downstream markets.

The partnership was formed by USD Group LLC and completed its initial public offering in 2014. Over time, the company expanded its portfolio of rail terminals and logistics assets, particularly in North American energy-producing regions. USD Partners became known for its exposure to crude-by-rail infrastructure during periods of constrained pipeline capacity and later positioned parts of its business toward renewable fuels and low-carbon logistics opportunities. Public disclosures indicate that the company’s strategic positioning relied on long-term customer contracts, rail connectivity, and specialized terminal infrastructure.