August 11, 2020 | BNSF, Headlines, Quarterly Income
(Source: Freight Waves, August 10, 2020) CHATTANOOGA, Tenn. — Like its other Class I counterparts, the COVID-19 pandemic hit BNSF’s bottom line in the second quarter, with revenue falling 22% amid an 18% drop in rail volumes. BNSF’s second-quarter net earnings were...
August 10, 2020 | BNSF, Headlines
(Source: Railway Age, August 9, 2020) NEW YORK — Winter preparedness is essential for avoiding frozen equipment, malfunctioning cars, service delays or even suspended operations. Fail to prepare for winter’s harsh conditions and your railroad will be running on...
August 10, 2020 | BNSF, Headlines, Quarterly Income
(Source: Associated Press, August 8, 2020) OMAHA, Neb. — Warren Buffett’s company reported an 87% jump in its second-quarter profit as the paper value of its investment portfolio increased with the stock market, but it took a roughly $10 billion write down on the...
August 3, 2020 | BNSF, Headlines
(Source: Associated Press, August 1, 2020) SEATTLE, Wash. — Eight train cars carrying corn derailed in Richland near the Yakima River train bridge, authorities said. No one was hurt. Full story: Seattle Times
July 29, 2020 | BNSF, Commuter Rail, Headlines
(Source: Streetsblog Chicago, July 29, 2020) CHICAGO — In another sign that Chicagoland transit is slowly coming back from dramatic ridership losses during the pandemic, Metra announced this week that it is adding express trains to its Rock Island and BNSF lines,...
July 17, 2020 | BNSF, Headlines, UP
(Source: Freight Waves, July 16, 2020) CHATTANOOGA, Tenn. — Class I railroads’ discussions about setting local and interline rates can be included as evidence in dozens of shippers’ lawsuits over price fixing in the 2000s, various federal agencies have concluded. The...
July 15, 2020 | BNSF, Headlines, UP
(Source: Freight Waves, July 14, 2020) CHATTANOOGA, Tenn. — Nebraska officials are preparing to ask BNSF, Union Pacific and the Nebraska Central Railroad to take more action against blocked highway-rail grade crossings in Grand Island in Hall County. Full story:...
July 15, 2020 | BNSF, Headlines
(Source: Associated Press, July 14, 2020) OMAHA, Neb. — Federal regulators say the nation’s four largest railroads shouldn’t be able to exclude all the details of their conversations from a lawsuit challenging the way they set rates in the past. Full...
July 9, 2020 | BNSF, Headlines
(Source: Railway Gazette, July 8, 2020) NEW YORK — Wabtec has started conducting factory testing at its Erie plant of a prototype 4,400 hp battery locomotive, ahead of trial operations with BNSF that are planned to take place in the final quarter of this year. Full...
July 6, 2020 | BNSF, Headlines
(Source: Freight Waves, July 3, 2020) CHATTANOOGA, Tenn. — A federal appeals court upheld a verdict allowing a former BNSF employee to be compensated $3.1 million for an unlawful termination and workplace-related injuries. Full story: Freight...
