July 29, 2014

BNSF loses freight to Union Pacific amid rail delays

BNSF_Color_Logo

DALLAS – BNSF Railway Co., the only U.S. railroad ordered by the regulator (Surface Transportation Board) to provide weekly service updates, is losing market share to Union Pacific Corp., its main competitor, as train speeds slow and on-time deliveries drop. The shift in market share had shown up in carload statistics, Union Pacific Chief Executive [...]

BNSF train carrying N.D. crude oil derails in Seattle

oil-train-rail

A Burlington Northern Santa Fe train carrying crude oil derailed as it left a railyard in north Seattle on Thursday, but there were no reports of a spill or injuries, BNSF said in a statement. Four railcars came off the tracks at around 2 a.m. PDT (0900 GMT), three of which were carrying crude oil, [...]

Feds order BNSF, CN to report on grain progress

U.S. railroad regulators have ordered BNSF Railway and Canadian Pacific Railway to hasten shipments of grain from a backlog that has frustrated farmers and people who run grain elevators. The Surface Transportation Board, in a decision late Friday, required the two railroads to publicly disclose every week plans to address the delays, which have forced [...]

States balk at keeping oil-train info from public

BILLINGS, Mont. — U.S. railroads forced to turn over details of their volatile crude oil shipments are asking states to sign agreements not to disclose the information. But some states are refusing, saying Thursday that the information shouldn’t be kept from the public. Federal officials last month ordered railroads to make the disclosures after a [...]

BNSF sees Bakken-area tie-up lasting until year-end

BNSF_Color_Logo

BNSF Railway Co., the carrier owned by Warren Buffett’s Berkshire Hathaway Inc., will need the rest of 2014 to untangle train tie-ups in the corridor that serves North Dakota’s Bakken shale region. A system-wide traffic jam, caused by surging grain and crude-oil volumes coupled with harsh weather, is being resolved on the southern lines linking [...]

BNSF plans to upgrade tanker fleet after accidents

BNSF_Color_Logo

BILLINGS, Mont. – BNSF Railway Co. said Thursday (Feb. 20) it intends to buy a fleet of 5,000 strengthened tank cars to haul oil and ethanol in a move that would set a higher benchmark for safety within an industry that’s seen multiple major accidents. The voluntary step by the Texas-based subsidiary of Warren Buffett’s [...]

BNSF announces $5B capital commitment program

BNSF_Color_Logo

FORT WORTH, Texas – BNSF Railway Company Feb. 5 announced a new single-year record capital commitment plan of approximately $5 billion for 2014, approximately a $1 billion increase over its 2013 capital spend. The largest component of the capital plan is spending $2.3 billion on BNSF’s core network and related assets. BNSF also plans to [...]

N.D. governor, reps. question BNSF officials

FARGO, North Dakota — North Dakota’s two senators took turns peppering two BNSF executives Saturday on the railroad company’s plans to prevent another train derailment like last month’s crash and fire near Casselton. The Dec. 30 collision that happened when a train carrying soybeans derailed and caused a train carrying crude oil to derail one [...]

NTSB issues preliminary report on Casselton rail accident

NTSB_logo

WASHINGTON – The National Transportation Board today released its preliminary report in the Dec. 30, 2013, derailment, collision, fire and explosion that occurred near Fargo, N.D. A BNSF train carrying crude oil struck a derailed BNSF train on a parallel track that was carrying grain. The full report can be found here.  

BNSF offers reward for information of vandalism

A freight train carrying vehicles and commodities that overturned on railroad tracks near a north Tulsa community early Friday is being treated as an act of vandalism with company officials offering a $100,000 reward to help find the person responsible, officials said. Joe Faust, a Burlington Northern Santa Fe spokesman, said the company is working [...]