BNSF Railway’s quarterly earnings improve as volume returns

Two locomotives pulling train in large vista of open spaces

FORT WORTH, Texas – BNSF Railway’s second-quarter earnings improved as volume and revenue surged compared to a year ago, when the onset of the pandemic led to historic traffic declines. BNSF’s operating income rose 32.5%, to $2 billion, as revenue increased 26%, to $5.6 billion, the railroad’s parent company, Berkshire Hathaway, reported on Saturday. The […]

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North American Rail Shippers meeting now will hear from five Class I CEOs

North American Rail Shippers logo

CHICAGO – The North American Rail Shippers association annual meeting, scheduled for Sept. 7-9 at the Sheraton Grand Chicago, now will feature presentations from five Class I railroad chief executives and the president of Genesee & Wyoming’s North American operations. CSX Transportation CEO Jim Foote has been added to the agenda, along with G&W’s Michael Miller. […]

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BNSF Railway details international intermodal congestion issues

Aerial view of intermodal facility

WASHINGTON — On a typical day, BNSF Railway has about 30 international stack trains staged along its main lines, waiting for space to open up at intermodal terminals in Chicago, Memphis, and Alliance, Texas. The terminals are clogged due to an unprecedented combination of record volume and shippers and receivers being slow to pick up […]

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Watco to partner on development of Oklahoma logistics facility

Map of planned Ardmore, Okla., logistics park

ARDMORE, Okla. — Watco will be one of the partners in a $124 million project to turn the Ardmore Industrial Airpark into a multimodal logistics facility with more than 200 acres available for transloading, warehousing, distribution, and manufacturing. The Global Transportation & Industrial Park of Oklahoma, or GTIP, iis n the heart of the Chicksaw […]

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Washington woman pleads guilty in rail terrorism case

BNSF Railway logo

BELLINGHAM, Wash. — A Bellingham woman has pleaded guilty to a terrorism charge and violence against a railroad carrier as a result of a November 2020 incident involving BNSF Railway in the Bellingham area. The Associated Press reports Samantha Frances Brooks, 27, entered a guilty plea in July and a federal judge accepted the plea last […]

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There’s a prototype for everything!

BNSF 6800, a General Electric ES44C4, hurrying westbound near Harrington, Wash. with an empty centerbeam flatcar

Want to model modern mainline action with one engine and two cars? Don’t worry – there’s a prototype for everything! On June 19th, 2021, Lindsay Korst photographed BNSF 6800, a General Electric ES44C4, hurrying westbound near Harrington, Wash. with an empty centerbeam flatcar (probably for added braking power) and a Boeing Aircraft parts car. How […]

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Analysis: Former BNSF executive Matt Rose’s 2019 warning comes true

seated man in suit with microphone

The railroad industry’s chickens have come home to roost. Before he retired in 2019, BNSF Railway Executive Chairman Matt Rose warned that the other Class I railroads were inviting regulatory risk by adopting Precision Scheduled Railroading, reducing service, and demarketing some types of traffic in pursuit of higher profits. “We have this common-carrier obligation to […]

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J.B. Hunt says intermodal demand exceeds capacity

containers

LOWELL, Ark. — Demand for domestic intermodal service exceeds J.B. Hunt’s capacity because of slow customer turn times and the reduced velocity of the railroad network. “Demand for our intermodal capacity remains robust. In fact, demand continues to significantly outpace our available capacity, which remains constrained by rail performance and restrictions in addition to customer detention […]

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