New Berkshire CEO: BNSF needs to improve its profitability
New Berkshire Hathaway CEO Greg Abel said that BNSF Railway must reduce its operating-ratio gap with other Class I railroads.
New Berkshire Hathaway CEO Greg Abel said that BNSF Railway must reduce its operating-ratio gap with other Class I railroads.
BNSF Railway reached a five-year agreement with union employees at four intermodal terminals.
Rival railroad CEO says the STB’s rejection of the initial UP-NS merger application shows the $85 billion deal is not a certainty.
Longtime CSX CAO retiring after playing a central role in guiding it through organizational transformations under four different CEOs.
Most of BNSF Railway’s $3.6 billion capital spending in 2026 is allocated for infrastructure maintenance.
The Port of Long Beach, half of the busiest U.S. container gateway, is laying plans to double throughput to 20 million containers by 2050.
BNSF Railway and Canadian National tell U.S. regulators that Union Pacific and Norfolk Southern are withholding crucial documents needed to properly evaluate their proposed transcontinental merger.
The Port of Portland has re-opened Terminal 6 under private management in a move to give new life to the troubled facility.
Jaguar Transport Holdings and Spokane International Airport partner on a new transload facility connecting to the national rail network.
Union Pacific and Norfolk Southern urged federal regulators to reject what they claim are efforts by rival railroads to delay the merger process.
The merger filing by Union Pacific and Norfolk Southern doesn’t change the fact that the merger is bad for the economy and consumers, BNSF CEO Katie Farmer said.
The railroads had expected to file their formal merger application with the Surface Transportation Board this week.
Collaboration has been driving recent success for U.S. railroads, according to BNSF, and controversial plans for a transcontinental merger are unlikely to benefit shippers, or the rail industry.
Union Pacific CEO Jim Vena refutes BNSF’s claim that its merger with Norfolk Southern would lead to the elimination of hundreds of intermodal lanes.
BNSF Railway revenue and profits saw sequential gains for the third quarter and nine months.
Union Pacific and Norfolk Southern have asked the Surface Transportation Board to expedite the review of their proposed transcontinental merger.
Year-over-year rail volume growth is fading.
Norfolk Southern’s Q3 revenue fell despite efficiency, service and safety gains, as well as increased competition from BNSF and CSX.
BNSF Railway states that Union Pacific’s deal to acquire Norfolk Southern will hurt rail competition, increase rates, reduce service, and likely lead to operational issues.
CSX named Steve Angel as CEO, succeeding former Ford executive Joe Hinrichs as leader of the eastern railroad.