BNSF

BNSF reopens Memphis-area intermodal facility to meet increased demand BNSF has reopened an intermodal facility in Arkansas to unlock capacity in the greater Memphis, Tennessee, area. The railroad said Monday that it has reopened the Harvard Intermodal Facility in Marion, Arkansas, effective...

A 26% gain in revenues helped boost BNSF's net profits in the second quarter of 2021. BNSF's revenues in the second quarter were $5.8 billion, compared with $4.6 billion in the first quarter of 2021, BNSF said Monday. Net income was $1.5 billion in the second quarter, a 34% increase from $1.1...

APM Terminals Mobile in Alabama is putting a spotlight on its freight rail capacity to handle imported goods from the Gulf Coast to Chicago and other popular Midwestern destinations. The reminder comes as supply chains are grappling with congestion at Chicago as stakeholders seek to reduce the...

BNSF is seeking companies interested in developing on two industrial sites in Texas and Montana, both of which are adjacent to the railroad. The Somerville, Texas, site features 103 acres that don't have any zoning requirements or restrictions. It is east of State Highway 36 and located 20...

Count BNSF (NYSE: BRK-B) as one of those watching how efforts by Canadian Pacific (NYSE: CP) and CN (NYSE: CNI) to acquire Kansas City Southern (NYSE: KSU) play out. Executives with BNSF parent company Berkshire Hathaway noted on Saturday during the company's annual shareholder meeting that BNSF...

Nebraska officials are preparing to ask Berkshire Hathaway Inc's (NYSE: BRK) BNSF, Union Pacific Corporation (NYSE: UNP), and the Nebraska Central Railroad to take more action against blocked highway-rail grade crossings in Grand Island in Hall County. The transportation department within the...

  Regulators are giving intermodal chassis providers a three-month reprieve from required annual inspections for recently expired equipment to help alleviate disruptions caused by COVID-19. The waiver, issued by the Federal Motor Carrier Safety Administration (FMCSA) on June 1, was granted to the...

Western U.S. railroad BNSF said its customers invested approximately $1.2 billion last year in capital projects near BNSF's network. For nine consecutive years, BNSF's customers and local development organizations have invested over $1 billion collectively for new or expanded facilities, BNSF said...

A reduction in operating expenses helped Western U.S. railroad BNSF achieve a 4% increase in fourth-quarter net profit and a 5% increase in annual net profit despite lower revenues on both a quarterly and annual basis. Fourth-quarter net income totaled $1.42 billion, compared with $1.37 billion...

BNSF lowered its overall budget for capital expenditures in 2020 from 2019 levels, although more funding will be allocated toward replacing and upgrading network assets. The privately-held,  Western U.S. carrier expects capital investments to total $3.4 billion, according to a Jan. 31 note to...

FreightWaves occasionally posts high-quality content from partner publications in the freight industry. Visit Railway Age for more great content like this.  In early October, BNSF placed in service approximately 2.5 miles of second main track near the community of Westmond, Idaho, closing the gap...

Despite lower revenues, western U.S. railroad BNSF posted a net profit in the third quarter amid lower operating costs, BNSF said in a financial report Nov. 4. BNSF had a net profit of $1.47 billion, a 5.2% increase from net earnings of $1.39 billion in the third quarter of 2018. BNSF's operating...

A Kansas truck driver has filed a lawsuit against BNSF Railway Company (NYSE: BRK-B), alleging negligence, after his tractor-trailer collided with railcars after leaving a grain elevator near Greenfield, Missouri. Brandan Bunnel, a truck driver for Bunnel Trucking LLC of Colony, Kansas, filed suit...

YRC Freight, the North American long-haul unit of less-than-truckload carrier YRC Worldwide (NYSE: YRCW) is proceeding with its strategy to use branded intermodal containers. YRC Freight said on September 30 that it has partnered with BNSF Railway (NYSE: BRK) to onboard more than 600 branded...