January 10, 2020 - TRA Newswire -
38 freight shippers claim that four Class 1 railroads unfairly overcharged them by adding fuel surcharges to their shipments and allegedly conspired to fix prices as far back as 2003. That's according to a...
November 5, 2019 - ProgressiveRailroading.com -
BNSF Railway Co. reported third-quarter operating income rose 3 percent to $2.2 billion, while total revenue fell 2 percent to $6 billion compared with the same period a year ago.
Increased rates per car were partially offset...
August 20, 2019 - TRA Newswire -
Traffic has dwindled on the Central Texas & Colorado River Railway line so short line operator OmniTRAX has called it quits. The 68 mile long line operated from the central Texas town of Lometa,...
June 17, 2019 - ProgressiveRailroading.com -
Howard Energy Partners (HEP) announced last week that it has completed expansions of its bulk terminal facilities in Port Arthur and Corpus Christi, Texas.
The projects were designed to increase HEP's Gulf Coast terminal storage capacity to...
February 26, 2019 - TRA Newswire / Progressive Railroading -
BNSF Railway ended their 2018 fiscal year on an upswing in both revenue and profits . Results of the railroad were posted by parent company Berkshire Hathaway in a report released...
February 20, 2019 - TRA Newswire -
BNSF Railway Company (BNSF) today announced that its 2019 capital expenditure and maintenance program in Texas will be approximately $405 million. More than half of this year’s capital plan in the Lone Star State...
February 14, 2019 - ProgressiveRailroading.com -
BNSF Railway Co. will spend $3.57 billion on capital expenditures this year, up from $3.4 billion in 2018, the Class I announced yesterday.
This year's plan will continue to emphasize maintenance and expansion of the network "with...
November 6, 2018 - RailwayAge.com -
The uptick in rail freight meant higher third quarter revenues but also higher expenses in the third quarter at BNSF Railway.
Operating expenses grew 20% to $4.04 billion for the quarter ended Sept. 30, while revenue...
March 23, 2018 - TRA Newswire -
Amtrak trains that run on the "host" railroads of BNSF and Union Pacific scored much higher in a new quarterly report card over other railroads that delayed passenger trains across the nation.
Most of Amtrak's...
Feb
Berkshire Hathaway-owned BNSF, which is a railway found in Ft. Worth, Texas is the latest member of Blockchain Transport Alliance (BiTA). BiTA comprises of more than 200 freight and logistics plays which are very interested in establishing distributed ledger technology...