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, 2014BNSF Blocks Tank Cars to Ease Rail Traffic Jam
BNSF Railway Co., the carrier owned by Warren Buffett’s Berkshire Hathaway Inc., is blocking some shippers from adding tank cars to its system in a bid to prevent a worsening of the gridlock that sparked regulators’ ire.
November 12, 2014BNSF Union Members Reject 1-Person Train Crew Plan
A controversial BNSF Railway Co. labor contract proposal that would have cut some crews to one person from two has been rejected by workers who voted on the proposal, the union and the railroad confirmed.
September 12, 2014BNSF Presents One-Person-Crew Plan to Union
A controversial BNSF Railway Co. labor contract proposal that would eventually cut some crews to one person from two is being outlined to union members this month ahead of a ratification vote.
BNSF to Spend $5 Billion on Capital Improvements in 2014
BNSF Railway said it will spend $5 billion on improvements to its rail network in 2014, $1 billion more than last year.
February 5, 2014Carl Ice Named CEO of BNSF Railway
Berkshire Hathaway Inc., parent company of BNSF Railway, has promoted Carl Ice to CEO of the freight railroad, replacing Matthew Rose, the company said.
December 12, 2013BNSF’s Third-Quarter Earnings Rise 8%
BNSF Railway, the carrier owned by investor Warren Buffett’s Berkshire Hathaway Inc., posted 8% higher third-quarter net income of $1.11 billion, from $1.03 billion a year ago, according to a regulatory filing.