Business

BNSF Bets on Rail Superhighway to Beat Trucks as Coal Fades

After this year, BNSF Railway Co. will be more than 99% finished with a second, parallel line to its 2,200-mile Los Angeles-to-Chicago route.

Thomas Black | Bloomberg News
October 7, 2015
Business

BNSF Pressures Congress to Extend 2015 Rail Safety Deadline

BNSF Railway Co. is ratcheting up pressure on Congress to postpone a deadline for installing a safety system by the end of the year, saying it would probably have to halt freight and passenger traffic if the requirement isn’t delayed.

Thomas Black | Bloomberg News
September 10, 2015
Business

Truckers Smash Stereotypes With Boost From Women Outdriving Men

Female truckers are sliding into longhaul cabs as companies seek to end a U.S. driver shortage, and they’re proving to be better behind the wheel than men.

Thomas Black | Bloomberg News
September 1, 2015
Business, Logistics

West Coast Port Gridlock Hampers Union Pacific Earnings

Union Pacific Corp., the largest U.S. railroad, posted first-quarter profit and sales below estimates as West Coast port congestion and slack coal demand caused carloads to decline.

Thomas Black | Bloomberg News
April 23, 2015
Business

BNSF Slows Oil Trains Ahead of Peers

BNSF Railway Co., the largest hauler of crude by rail, moved ahead of U.S. peers in the push for safety by reducing oil-carrying train speeds beyond an agreement last year between regulators and the railroads.

Thomas Black | Bloomberg News
April 1, 2015
Business, Fuel

Railroads Caught by Speed of Crude-Oil Collapse

The slowdown that North American railroad companies had been bracing for in crude oil shipments has turned into a rout, with volumes falling faster than executives had predicted.

Thomas Black | Bloomberg News
March 27, 2015
Business

Refiners Sue BNSF Railway Over $1,000 Oil Tank Car Surcharge

BNSF Railway Co. was sued by a trade group for 400 U.S. refining and petrochemical makers objecting to a $1,000 surcharge the nation’s biggest rail transporter of crude oil tacked onto older-model tank cars.

Laurel Brubaker Calkins | Bloomberg News
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Thomas Black | Bloomberg News
March 17, 2015
Business, Fuel

Oil Train Derails in Illinois

A BNSF Railway Co. train carrying 103 cars of crude oil derailed in rural Illinois March 5 and U.S. regulators said a fire had broken out. There were no reports of injuries.

Thomas Black | Bloomberg News
March 6, 2015
Business, Fuel

Oil Train Crash Adds Pressure for New Safety Standards

Video images of a fireball billowing from the wreckage of a derailed train hauling Bakken crude are adding to pressure on federal regulators to act on new safety standards for oil shipments.

Thomas Black | Bloomberg News
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Jim Snyder | Bloomberg News
February 18, 2015
Business, Logistics

CSX Profit Meets Estimates as Crude-by-Rail Fallout Looms

CSX Corp. matched analysts’ profit estimates as the U.S. economic recovery boosted demand for consumer goods moved by rail while crude shipments kept growing amid the global rout in prices.

Thomas Black | Bloomberg News
January 14, 2015