BNSF Railway reports higher quarterly profits as agricultural, merchandise traffic rise NEWSWIRE

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FORT WORTH, Texas — BNSF Railway’s profits surged in the third quarter as rates rose and the railroad posted strong growth in agricultural and industrial products carloads. Pre-tax earnings grew 10 percent, to $1.9 billion, as revenue climbed 16 percent, to $6.1 billion, BNSF’s parent company, Berkshire Hathaway, reported on Nov. 2. BNSF’s third-quarter operating […]

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Kansas court rules for BNSF in grade-crossing case

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TOPEKA, Kan. — The Kansas Court of Appeals has found for BNSF Railway in a case regarding state law on blocked grade crossings, saying in a decision released Friday that federal jurisdiction preempts state law. Officials in Chase County, Kan., had cited the railroad for blocking grade crossings for more than the 10 minutes allowed […]

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Report: BNSF to expand Barstow yard NEWSWIRE

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BARSTOW, Calif. — The City of Barstow has announced that BNSF Railway will expand its Barstow yard, adding an intermodal facility. The Victor Valley News reports that the announcement came at an Oct. 31 meeting of the Barstow Area Chamber of Commerce Economic Development Committee. The newspaper reports that grading work for the project has […]

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BNSF’s Rose to retire in 2019 NEWSWIRE

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BNSF Railway Executive Chairman Matt Rose TRAINS: Steve Sweeney FORT WORTH, Texas — Matthew Rose will step down as executive chairman and retire from BNSF Railway in April 2019. At the end of his tenure, Rose will have been executive chairman for six years, and BNSF CEO for the prior 13 years. He also served […]

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