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Railway Interchange 2015
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BNSF: $335 million in capex for Montana, North Dakota
BNSF plans to invest an estimated $335 million to improve and expand rail capacity in North Dakota and Montana this year.
U.S. Appeals Court reverses Class I price-fixing decision
Union Pacific Corp., CSX Corp., Norfolk Southern Corp., and Burlington Northern Santa Fe (a unit of Berkshire Hathaway Inc.) have won their bid to reverse a ruling that turned a…
Midyear Report: Why investors turn to rail
Union Pacific’s record $3.7 billion in capital expenditures in 2012 returned quick dividends, and resulted in the 151-year-old railroad’s best year for its investors.
BNSF’s Johnson succeeds CP’s McFarlane in U.S.
Robert Johnson, who has spent 32 years with BNSF Railway and its predecessors, most recently as General Manager-Northwest Division, has been appointed Canadian Pacific Railway’s Vice President U.S. Operations. He…
STB OKs service shuffle on Louisiana rail line
The Surface Transportation Board has granted permission to Union Pacific Railroad to cease service on 12.5 miles of the Lockport Branch, located in Lofourche Parish, La., which UP owns, while…
Will Matt Rose succeed Warren Buffett at Berkshire Hathaway?
The evidence is mounting that BNSF chief executive Matt Rose is Warren Buffett’s choice to succeed him at Berkshire Hathaway.
Washington appeals court to hear railroad antitrust case
A multibillion-dollar antitrust suit alleging that four Class I railroads conspired to impose a uniform fuel surcharge on shippers will reach a crucial point on May 3, when a federal…
BNSF: Customers continue reducing C02 footprint
BNSF Railway says its customer base continues to reduce overall carbon dioxide emissions "shipping their freight by rail instead of entirely over the road," leveraging the environmental benefits of freight…
New Mexico offers BNSF fuel break
A new law in New Mexico will provide a tax break to lower the cost of locomotive fuel for the BNSF Railway Co., the Associated Press reported Wednesday.
Thank you, Betsy Morris (and the WSJ, too)
The Wall Street Journal has done a brilliant job of, as our Senior Consulting Editor Luther Miller likes to say, “making the obvious less obscure.”
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