BNSF Railway needs to close the operating-ratio gap with the other Class I railroads, new Berkshire Hathaway CEO Greg Abel said on Saturday in his first annual letter to shareholders. BNSF continues ...
George and his counterpart at Union Pacific, Jim Vena, who plans to stay on as CEO of the unified company, point out that the way railroads operate in the U.S. today, where eastern railroads hand off ...
BNSF Railway today announced the Class I railroad has filed a petition with the Surface Transportation Board (STB), requesting the immediate review and enforcement of conditions imposed during the ...
This is the fourth in a five-part series about railroad growth coming from truck conversions focused on the criticality of ...
[Stay on top of transportation news: Get TTNews in your inbox.] OMAHA, Neb. — Union Pacific delivered 7% growth in its third-quarter earnings Oct. 23 as its CEO continues to make the case for the ...
OMAHA, Neb. — The prospects for additional consolidation in the rail industry derailed this week when both of CSX's potential partners said they weren't interested in a deal. Investors widely ...
Union Pacific Railroad was hit with a $9.2 million breach-of-contract lawsuit on Jan. 30 in Missouri Circuit Court for Jackson County over alleged underpayment for track usage rights. The suit, ...
Shareholders of Union Pacific and Norfolk Southern backed the railroads’ proposed $85 billion merger to create the nation’s first coast-to-coast rail network. Roughly 99% of both railroads’ ...
OMAHA, Neb. (AP) — Union Pacific delivered 7% growth in its third-quarter earnings Thursday as its CEO continues to make the case for the potential benefits of acquiring one of the railroad’s eastern ...
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