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Potash resilient after consortium break-up
One of railroading’s least-recognized commodities found itself in the global spotlight this summer. On July 30, Russian potash producer Uralkali announced it was severing ties to the Belarusian Potash Company,…
CP and UP forge Canada-to-California CBR corridor
For the past year, BNSF Railway has dominated in the shipment of crude by rail (CBR) from North America’s Bakken shale formation westward to refineries and ship terminals along America’s…
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…
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