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.
BNSF Logistics Buys Transportation Technology Services
BNSF Logistics, which is owned by BNSF Railway, announced the acquisition of Transportation Technology Services to expand the buyer’s capability to manage oversize rail cargoes such as wind energy equipment.
BNSF Charging Less to Lug Oil in Cars That Meet Latest Federal Specs
Burlington Northern Santa Fe, the largest U.S. crude-by-rail carrier, is offering lower rates to lug oil in cars that meet the latest federal specifications issued in May.
BNSF Expects Crude-by-Rail Volumes to Grow After Price Rebound
A 37% rebound in oil prices will boost crude-by-rail shipments as drillers complete more wells and extract more crude that U.S. pipelines don’t have the capacity to handle, Burlington Northern Santa Fe executive chairman Matthew Rose said June 15.
BNSF Speeds Midwest-Northwest Service
BNSF Railway said effective Sept. 14 it will accelerate schedules for domestic intermodal freight moving between the Pacific Northwest and the Midwest after capital investment to expand capacity on the routes.
June 15, 2015BNSF 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.
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.
Railroads Struggle to Keep Up With Demands to Move Trucks, SUVs
Railroad companies are struggling to keep up with surging U.S. demand for trucks and sport utility vehicles, frustrating Ford Motor Co. and Toyota Motor Corp. and prompting Warren Buffett to boost investments at his rail unit.
BNSF Railway Re-evaluates Plan for Safer Cars Amid Client Talks
BNSF Railway Co. is reconsidering a plan to buy 5,000 oil-tank cars built to new safety standards after some customers voiced concern about the initiative.
BNSF to Spend $6 Billion in 2015 to Ease Rail Gridlock
BNSF Railway Co., the railroad owned by Warren Buffett’s Berkshire Hathaway Inc., plans to spend a record $6 billion next year to help speed trains and improve service crimped by surging grain and oil shipments.
November 21, 2014