OMAHA, Neb. — Berkshire Hathaway Chairman Warren Buffett’s widely read annual letter to investors, released on Saturday alongside the company’s 2023 financial results, included a long passage on railroads in general and BNSF Railway in particular. BNSF’s revenue and profits fell last year, which Buffett termed a disappointment. But he noted that the national labor […]
OMAHA, Neb. — BNSF Railway’s revenue and profits tumbled in 2023 due to a combination of lower volume and lower revenue per carload and intermodal unit. Pre-tax earnings declined 14.2%, to $6.6 billion, as revenue declined 6.9%, to $23.4 billion, BNSF parent company Berkshire Hathaway reported on Saturday. The railway’s operating ratio increased 2.5 points […]
FORT WORTH, Texas — BNSF Railway has made a founding donation of $2 million to the National Juneteenth Museum, the planned Fort Worth facility has announced. “BNSF is proud to partner with the National Juneteenth Museum to help honor American history and foster opportunities for economic and cultural growth, right near our headquarters here in […]
HEDGESVILLE, Mont. — Twenty-six cars of a BNSF train derailed early Monday near Hedgesville, in Golden Valley County in central Montana. The incident occurred about 3:30 a.m., according to the Golden Valley County Sheriff’s Office. No injuries were reported, and all the cars that derailed were empty. KTVQ-TV reports BNSF was hoping to have the […]
News & Products for the week of February 19th 2024 Model railroad operators and builders can get the latest information about locomotives, freight cars, passenger cars, tools, track, and more by reading Model Railroader’s frequent product updates. The following are the products Model Railroader editors have news on for the week of February 19th […]
SAN CLEMENTE, Calif. — The California Transportation Commission has awarded an additional $7.2 million in emergency funding to address the landslide issues that have halted Amtrak and Metrolink passenger service through San Clemente, the Orange County Transportation Authority announced. The new funds, awarded Friday, follow an earlier $2 million award from the state for cleanup […]
SIOUX CITY, Iowa — Landowners who sued BNSF Railway last year over damages from a 2018 derailment near Doon, Iowa, have settled the lawsuit against the railroad, the Sioux City Journal reports. Phillip, Kirsti, John, and Helen Kooima of Rock Valley, Iowa sued the railroad for negligence over a June 22, 2018, incident that saw […]
When a trek to Big Skies & Iron Rails is a tad too far to reach, railfan/videographer Tom Danneman opts to settle trackside at the very edge of the waterway that denotes the start of American’s western expanse. From his rental property (not a van!) down by the river, Tom and his crew take in the […]
WASHINGTON — Federal regulators yesterday approved Union Pacific’s request to restore common-carrier service over 1.04 miles of rail line in Tooele County, Utah, that would connect to the proposed Savage Tooele Railroad. The Surface Transportation Board decision also turned down BNSF Railway’s petition to begin a proceeding that would ensure that it can use its […]
When a trek to Big Skies & Iron Rails is a tad too far to reach, railfan/videographer Tom Danneman opts to settle trackside at the very edge of the waterway that denotes the start of American’s western expanse. From his rental property (not a van!) down by the river, Tom and his crew take in the […]
DENVER — Amtrak and BNSF Railway have sued the driver of a semi-truck of milk, as well as the truck’s owner, over the Jan. 29 grade-crossing collision that derailed the eastbound California Zephyr near Keenesburg, Colo. The suit, filed earlier this month in U.S. District Court for the District of Colorado, says Dairy Farmers of […]
WASHINGTON — In the latest step in its ongoing investigation into on-time performance for Amtrak’s Sunset Limited, the Surface Transportation Board has asked the passenger operator and the train’s host railroads to answer a series of detailed questions on delays encountered during specific runs by the train and other operational details along the train’s route. […]
