At TD Cowen, we are lowering our rail estimates ahead of third-quarter earnings reports to reflect a very challenged environment. Leaders in the rail and logistics market who attended our latest Railroad Happy Hour” called the current outlook “bleak,” with growing uncertainty in 2025.
J.B. Hunt Transport Services Inc. has entered a definitive agreement to purchase the brokerage operations of BNSF Logistics, LLC, an affiliate of Class I railroad BNSF, the companies reported Sept. 14. Railway Age Contributing Editor Jim Blaze weighs in.
At BNSF, we take pride in knowing that each of our customers receives a superior experience. By listening to our customers, we’re able to continue growing and evolving to improve the resources
At TD Cowen’s latest “Railroad Happy Hour,” leaders in the rail and logistics market said they continue to face a soft volume environment, though service improvements are a step in the right
FINANCIAL EDGE, RAILWAY AGE FEBRUARY 2023 ISSUE: January is always an unusual month. Holiday coziness is quickly exchanged for the realities of credit card bills, a “don’t talk to me about what you did in 2022; what are you going to do for me in 2023?” attitude from employers (apologies to JFK) and a new set of 52 weeks over which to compare railcar loadings. Ask any fan from any football team trying to survive through the NFL playoffs: January is an odd month.
RAILWAY AGE, JANUARY 2023 ISSUE: Railway Age’s 2023 Railroader of the Year Award, the 60th annual, goes to a groundbreaking North American rail industry leader: BNSF President and Chief Executive Officer Katie M. Farmer.
Norfolk Southern (NS) recognizes 15 customers and suppliers for leadership in energy efficiency, innovation and environmental stewardship. Also, Union Pacific (UP) reports the Mexican government’s extension of the Carta Porte grace period.
Service and capital project updates were the focus of Oct. 27 customer messages from BNSF Group Vice President, Consumer Products Tom Williams and Union Pacific (UP) Executive Vice President, Marketing and Sales Kenny Rocker.
J.B. Hunt Transport Services Inc. (J.B. Hunt) announced on Oct. 3 that it is expanding its transloading footprint with the addition of two new operations in Seattle, Wash., and Laredo, Tex., “for customers’ needs and to provide quick access to outbound rail and highway transport.”
BNSF Railway (BNSF) recognizes customers for significant achievement in sustainability. Also, CN replaces propane-powered forklift with electric forklift reducing 7.6 metric tons of CO2 a year from the environment.
