OMAHA, Neb. — BNSF Railway produced record profits in 2021 amid broad growth in traffic and revenue. For the year, BNSF’s operating income surged 13.7%, to $8.8 billion, as revenue rose 11.6%, to $22.5 billion, the railroad’s corporate parent, Berkshire Hathaway, reported on Saturday. The railroad’s operating ratio improved 0.7 points to a record 60.9%. […]
WASHINGTON – A U.S. DOT report critical of railroads discusses pandemic-related supply chain problems and cites concerns with Precision Scheduled Railroading, Class I railroad consolidation, and rising railroad rates. Among the recommendations in the 141-page report, released on Thursday in response to a Biden administration executive order issued a year ago: Increased regulation of freight […]
ITASCA, Ill. — Some two months after announcing plans to do so, eight western Chicago suburbs have formalized their formation of a coalition to address concerns over the impact of the Canadian Pacific-Kansas City Southern merger. And while many communities along the routes of the CPKC, the company that would be formed by the merger, […]
WASHINGTON — The latest weekly U.S. rail traffic figures show a massive increase over the same week last year — a reflection of a week in 2021 when rail traffic experienced massive weather disruptions. Statistics from the Association of American Railroads show U.S. railroads handled 497,822 carloads and intermodal units for the week ending Feb. […]
WASHINGTON — CSX Transportation has asked for a delay in the evidentiary phase of the Surface Transportation Board hearing over Amtrak Gulf Coast service — but the public will not be informed why. A filing posted to the STB website today (Wednesday, Feb. 23) says the railroad “does not likely make this request, given the […]
WASHINGTON — Canadian National says its proposed acquisition of Kansas City Southern’s Springfield Line would enable it to divert 80,000 long-haul truck shipments to rail annually by creating a new route linking Kansas City and St. Louis with Michigan and Eastern Canada. The traffic projection — 33% more truck diversions than Canadian Pacific and KCS […]
WASHINGTON — Chicago commuter operator Metra has asked the Surface Transportation Board for more time to file comments on the proposed Canadian Pacific-Kansas City Southern merger, saying CP had originally “filed a false response” to Metra’s request for information, and only recently provided an incomplete set of documents Metra says it needs to assess the […]
Winter hit Southern Ontario hard over the Feb. 19-20 weekend. A widespread blizzard whipped up snow for hundreds of miles, accumulating on rights of way and proving especially difficult on Canadian National and Southern Ontario Railway branch lines in Southwestern Ontario. CN’s north mainline is an internal short line, operated by crews formerly of the […]
WASHINGTON — A conductor at an Illinois short line was killed when he was pulled off his train by the gate he was attempting to open while entering an industrial track, according to the final report on a November 2020 accident issued Tuesday by the National Transportation Safety Board. The 35-year-old conductor of the Decatur […]
FORT WORTH, Texas — A U.S. District Court Judge has again prohibited unions from striking BNSF Railway over new attendance policies, granting an injunction and saying the railroad is likely to prevail in arbitration, and that the strike would cause irreparable harm to the railroad. The heads of the unions involved in the dispute say […]
COOLIDGE, Ariz. — Approximately 20 cars of a Union Pacific train derailed Monday roughly midway between Phoenix and Tucson, Ariz., on Monday, leading to a spill of a hazardous material. No injuries were reported. The Arizona Republic reports the accident in Coolidge, Ariz. — about 45 miles southwest of Phoenix and 60 miles northwest of […]
MITCHELL, S.D. — A South Dakota company has announced plans to build a new soybean processing plant, a facility to be served by BNSF Railway and capable of processing about 35 million bushels of soybeans per year. The Mitchell Republic reports South Dakota Soybean Processors will build the facility about 2 miles south of Mitchell […]
