ARC LOGISTICS PARTNERS LP (NYSE:ARCX) Files An 8-K Other EventsItem 8.01.
On June 19, 2017, the board of directors (the Board) of Arc Logistics GP LLC (the General Partner), the general partner of Arc Logistics Partners LP (the Partnership), determined that Edward P. Russell, a member of the Board, is independent as defined under the independence standards established by the New York Stock Exchange (the NYSE) and under Rule 10A-3 promulgated under the Securities Exchange Act of 1934, as amended, and appointed Mr. Russell to serve on the Audit Committee of the Board. Mr. Russell has served as a Director of the General Partner since November 2013.
On June 26, 2017, the Partnership received an official notice from the NYSE that it is in compliance with all NYSE corporate governance listing standards.
About ARC LOGISTICS PARTNERS LP (NYSE:ARCX)
Arc Logistics Partners LP owns, operates, develops and acquires a portfolio of complementary energy logistics assets. The Company is engaged in the terminaling, storage, throughput and transloading of crude oil and petroleum products. It is focused on growing its business through the optimization, organic development and acquisition of terminaling, storage, rail, pipeline and other energy logistics assets. It offers storage and throughput services fees, and ancillary services fees. The Company operates through terminal and transloading facilities segment. The Company’s energy logistics assets are located in the East Coast, Gulf Coast, Midwest, Rocky Mountains and West Coast regions of the United States, and supply a group of third-party customers, including oil companies, independent refiners, crude oil and petroleum product marketers, distributors and various industrial manufacturers. ARC LOGISTICS PARTNERS LP (NYSE:ARCX) Recent Trading Information
ARC LOGISTICS PARTNERS LP (NYSE:ARCX) closed its last trading session down -0.03 at 14.88 with 30,752 shares trading hands.