Western U.S. Class I railroad BNSF and coal producer Navajo Transitional Energy Co. (NTEC) have reached a settlement on NTEC’s claims it needs more service from BNSF to export coal.
They told the Surface Transportation Board in a Thursday filing to postpone further action on the dispute until Jan. 8, 2024, which is when they expect the settlement to be concluded.
NTEC and BNSF (NYSE: BRK-B) “have recently reached a settlement agreement to resolve the matter,” the two said in the filing. They...
https://www.freightwaves.com/news/bnsf-and-coal-exporter-reach-settlement