Rose sees regulatory risk in Precision Scheduled Railroading NEWSWIRE

MattRose2019

Matt Rose MARCO ISLAND, Fla. – Matt Rose thinks the railroad industry is placing itself at regulatory risk with its embrace of Precision Scheduled Railroading. “We have this common-carrier obligation to provide freight service to all customers in all markets,” said Rose, BNSF Railway’s executive chairman, during a Monday morning “fireside chat” at the annual […]

Read More…

BNSF Railway reports higher quarterly profits as agricultural, merchandise traffic rise NEWSWIRE

bnsflogo

FORT WORTH, Texas — BNSF Railway’s profits surged in the third quarter as rates rose and the railroad posted strong growth in agricultural and industrial products carloads. Pre-tax earnings grew 10 percent, to $1.9 billion, as revenue climbed 16 percent, to $6.1 billion, BNSF’s parent company, Berkshire Hathaway, reported on Nov. 2. BNSF’s third-quarter operating […]

Read More…

Kansas court rules for BNSF in grade-crossing case

BNSF Railway logo

TOPEKA, Kan. — The Kansas Court of Appeals has found for BNSF Railway in a case regarding state law on blocked grade crossings, saying in a decision released Friday that federal jurisdiction preempts state law. Officials in Chase County, Kan., had cited the railroad for blocking grade crossings for more than the 10 minutes allowed […]

Read More…

Report: BNSF to expand Barstow yard NEWSWIRE

bnsflogo

BARSTOW, Calif. — The City of Barstow has announced that BNSF Railway will expand its Barstow yard, adding an intermodal facility. The Victor Valley News reports that the announcement came at an Oct. 31 meeting of the Barstow Area Chamber of Commerce Economic Development Committee. The newspaper reports that grading work for the project has […]

Read More…