BNSF customers again pump $1 billion-plus into projects near rail network
2019’s $1.2 billion in investments spans consumer, agricultural, industrial products industries
2019’s $1.2 billion in investments spans consumer, agricultural, industrial products industries
Lower operating expenses helped buoy BNSF’s quarterly and annual profits despite declines in rail volumes and revenue.
The railroad is reducing its capital expenditures budget for this year, but it will allocate more funding toward replacing and upgrading network infrastructure.
Los Angeles port signals efficiency gains as the third-largest container alliance plans additional SE Asia stops.
Lower rail volumes, an active Surface Transportation Board and a strike were among the key events that the U.S. and Canadian freight rail industry experienced this year.
Farmers and other shippers in Oregon got some good news this week when the South Korea-based container carrier SM Line announced it will bring weekly container shipping service back to Portland early next year. The service “will create more jobs for Oregonians and more opportunities for local companies to grow as they market Oregon products […]
BNSF placed in service approximately 2.5 miles of second main track near Westmond, Idaho, closing the gap between two larger sections of double-track main line on one of the busiest segments of BNSF’s Northern Corridor.
Lower operating expenses helped to increase profits.
Companies file a flurry of lawsuits against the big four U.S. Class I railroads, alleging their fuel surcharge programs violated antitrust laws.
The company is following through on a pledge to acquire 1,000 branded intermodal containers by the end of 2020.
Blockchain experts will present innovative projects and discuss the latest in the development of the technology for logistics operations at the upcoming BiTA Symposium Chicago, on Nov. 14, 2019.
The owner of BNSF and the investor behind Uber have more in common than it seems.
Second quarter revenue for BNSF rose 0.3 percent despite lower volumes for agricultural products, consumer products and industrial products.
Canadian National announced record western Canadian grain shipments and a C$210 million investment to support exports.
Barge grain movements on Mississippi 85 percent lower than a year ago
The transition to e-commerce and anticipated advances in automated trucking are forcing the freight railroads to adapt to supply chains that require railroads to be more responsive and nimble. One way that the railroads are seeking to address this challenge is by hiring executives outside of the railroading community, in the hopes that placing a non-rail executive in a leadership role will help the railroad weather systemic changes within the supply chain.
Railroad market expert Jim Blaze writes about the movement of chemicals by rail and how that sub-set of railroad traffic is profitable and may grow significantly in the near future.
Total number of trains carrying loads, total number of trains held both increasing as Great Plains flooding washes out tracks.
Hundreds of miles of rails still out of service, other assets at risk from flooding by severe storms.
Berkshire Hathway (NYSE: BRK) chairman and CEO Warren Buffett said he would be willing to consider some form of precision scheduled railroading (PSR) for western U.S. railroad BNSF, although he didn’t say when or even if BNSF would eventually adopt the operating model. ”We are not above copying anything that is successful, and I think […]