BNSF Railway

CBP reopens key ports of entry for freight trains at US-Mexico border

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U.S. Customs and Border Protection reopened the three international border bridges at Eagle Pass and...

https://www.freightwaves.com/news/cbp-reopens-key-ports-of-entry-for-freight-trains-at-us-mexico-border

UP to customers: Urge Congress to help reopen US-Mexico rail crossings

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Union Pacific wants customers to urge Congress to pressure U.S. border officials to provide a...

https://www.freightwaves.com/news/up-to-customers-urge-congress-to-help-reopen-us-mexico-rail-crossings

Environmental groups sue BNSF over grizzly bear deaths

Two environmental groups are suing western U.S. Class I railroad BNSF because its trains allegedly kill grizzly bears on federally protected grounds in Idaho and Montana, violating the Endangered Species Act.

Santa Fe, New Mexico-headquartered WildEarth Guardians and Hailey, Idaho-based Western Watershed Project said Thursday that BNSF should change operating schedules or train speeds to prevent deaths of grizzlies along 206 miles of rail in the Northern Continental Divide Ecosystem (NCDE),...

https://www.freightwaves.com/news/environmental-groups-sue-bnsf-over-grizzly-bear-deaths

BNSF lists sites in Iowa, Kansas as primed for industrial development

Western U.S. Class I railroad BNSF has added two sites in Iowa and one in Kansas to its certified sites program, which designates areas along BNSF’s network that are primed for industrial development.

The Iowa sites are in Fort Madison and Glenwood, while the Kansas site is in De Soto. Prior to their selection, the railroad analyzed each site’s existing and proposed infrastructure, available utilities, site availability, and environmental and geotechnical standards, according to BNSF (NYSE: BRK-B

https://www.freightwaves.com/news/bnsf-lists-sites-in-iowa-kansas-as-primed-for-industrial-development

JB Hunt, BNSF and GMXT to launch Mexico-to-Midwest intermodal service

BNSF, J.B. Hunt Transport Services and Grupo Mexico’s Ferromex (GMXT) are launching an intermodal service that they say will slash a day off transit time between Monterrey in Mexico and Chicago and offer opportunities for customers to grow into expanding markets in Mexico.

The service will begin Jan. 1, 2024. Service will be offered between the Monterrey, Silao-Bajio and Pantaco-Mexico City regions and Chicago and the U.S. Midwest via the border gateway at Eagle Pass, Texas. The Dallas-Fort...

https://www.freightwaves.com/news/jb-hunt-bnsf-and-gmxt-to-launch-mexico-to-midwest-intermodal-service

BNSF and coal exporter reach settlement

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

J.B. Hunt, BNSF launch premium intermodal service Quantum

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J.B. Hunt Transport Services and BNSF Railway announced Tuesday the launch of Quantum, a premium...

https://www.freightwaves.com/news/j-b-hunt-bnsf-launch-premium-intermodal-service-quantum

BNSF’s Q3 net income drops 15% on lower revenues

Declining grain exports and competition from lower spot rates in the trucking market were among the factors that led BNSF to post a 15% decline in net profits for the third quarter of 2023.

The Western U.S. Class I railroad, which is owned by Berkshire Hathaway (NYSE: BRK-B), reported net income of $1.22 billion for the third quarter of 2023, compared with $1.44 billion for the third quarter of 2022.

Freight revenues slipped 12% year over year (y/y) to $5.59 billion amid lower volumes, while...

https://www.freightwaves.com/news/bnsfs-q3-net-income-drops-15-on-lower-revenues

UP still working to restore tracks in Yuma subdivision

Portions of Union Pacific’s Yuma subdivision in California are still offline following Tropical Storm Hilary, but “progress continues to be made” to restore the tracks, UP said in a Tuesday service update.

UP (NYSE: UNP) is referring to an area between Banning and Indio, California, on the Yuma subdivision. Water, mud and debris covered areas of track as a result of the storm, according to recent service advisories, and reopening track there will depend on when UP can repair a bridge.

“Mud...

https://www.freightwaves.com/news/up-still-working-to-restore-tracks-in-yuma-subdivision

Borderlands: US-Mexico cross-border trade may hit $1 trillion by 2028

Borderlands is a weekly rundown of developments in the world of United States-Mexico cross-border trucking and trade. This week: US-Mexico cross-border trade may hit $1 trillion by 2028; Railway expands freight capacity with new bridge in North Texas; Toms taps Texas logistics software provider as U.S. fulfillment partner; and CBP discovers 1st-in-nation pest in Southern California.

US-Mexico cross-border trade may hit $1 trillion by 2028

International trade between the U.S. and Mexico could top...

https://www.freightwaves.com/news/borderlands-us-mexico-cross-border-trade-may-hit-1-trillion-by-2028

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