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33 Posts Found tagged with "bnsf railway"

UP announces 4th quarter and 2023 results / BNSF to spend nearly $4 billion on capex in 2024

January 25th, 2024
January 25, 2024 - TRA Newswire -Union Pacific's fourth quarter and 2023 financials in a nutshell:Earnings per diluted share of $2.71 were up 1% while the full year earnings (per diluted share of $10.45) were down 7%. 4th quarter net...

Freight rail is slowing down and we're not talking about speed

October 26th, 2023
October 26, 2023 - TRA Newswire -Class 1's, including those that operate in Texas and the Southwest are lowering their outlook for the year after volumes continued to slide in the 3rd quarter.Canadian Pacific Kansas City (CPKC) CEO Keith Creel...

Commentary: Passenger & freight rail is OK in Texas, as long as it's not in YOUR backyard

August 13th, 2023
August 14, 2023 - TRA Commentary -BNSF Railway recently pulled back from plans to develop a needed 950-acre logstics park in the small North Texas town of Gunter after outcries from some of the 2,250 locals that didn't want to...

BNSF Railway unveils new Trinity River bridge at Fort Worth

July 28th, 2023
July 28, 2023 - TRA Newswire - A newly constructed BNSF Railway bridge over the Trinity River near downtown Fort Worth is another milestone in the railroad's ambitious efforts to add double-tracking on segments from Fort Worth all the way to...

BNSF is putting artificial intelligence to work to predict problems and increase efficiency

July 12th, 2023
July 12, 2023 - BNSF.com -Artificial intelligence (or AI) has been a big topic in the news lately, with the rising popularity of AI software like ChatGPT and Midjourney. AI also has many industrial and commercial applications. The rapidly evolving...

Competition heats up for rail freight business on Class 1's and Texas is at the epicenter

June 28th, 2023
June 28, 2023 - TRA Newswire -In less than 90 days, all of the Class 1 railroads that operate in Texas have gone on the offensive to either create new business or see how they can funnel existing freight business...

Hugh McCulley, Houston railroad attorney: 1947-2023

June 19th, 2023
June 19, 2023 - TRA Newswire -From the beginning of his law practice until his death on June 10th, Hugh McCulley represented railroad companies in their business and regulatory activities. Over the course of his career, he was counsel for just...

Class 1's starting to get competitive in Texas markets, finally waking up to trucks, other RR's stealing share?

May 31st, 2023
May 31, 2023 - TRA Newswire -Union Pacific is the latest Class 1 railroad to announce faster, direct intermodal service from Texas to other key markets. UP announced Tuesday that it will provide a direct, quicker intermodal service from Port...

BNSF to run scheduled service from Port Houston to Fort Worth Alliance / Denver

May 16th, 2023
May 16, 2023 - TRA Newswire -Starting June 2, BNSF Railway will initiate regular intermodal service between the Port of Houston and both its massive Alliance facility, north of Fort Worth, and onward to Denver.The twice a week service from...

BNSF to spend $3.96 billion on CapEx in 2023, includes Fort Worth area additional main track

January 20th, 2023
January 20, 2023 - TRA Newswire -BNSF Railway will invest just short of $4 billion in their capital investment plan for 2023. The biggest chunk of the $3.96 billion CapEx plan, $2.85 billion, will go to maintaining the railroad's core...

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