FRA Certification Helpline: (216) 694-0240

Watco opens rail and transloading facility in SE Texas

(Source: Watco press release (PDF), May 4, 2021) HOUSTON, Texas — Watco is pleased to announce the start-up of a full-service rail, storage, and transloading facility near Refugio, Texas. The Refugio Transload Terminal is well positioned to support the growing Corpus...

Berkshire Hathaway responds to KCS merger activity

(Source: Freight Waves, May 3, 2021) CHATTANOOGA, Tenn. — Executives with BNSF parent company Berkshire Hathaway noted on Saturday during the company’s annual shareholder meeting that BNSF will seek opportunities to protect its franchise as the merger proceedings go...

BNSF net income rises 5% in Q1 2021

(Source: Progressive Railroading, May 3, 2021) BNSF Railway Co. posted first-quarter 2021 net income of $1.25 billion, up 5%, and operating income of $1.9 billion, up 4%, compared with the same period a year ago. Full story: Progressive...