BNSF

Earlier this month, Class I railroad carrier CN rolled out plans to increase its assets by acquiring more than 2,200 new freight cars this year and 1,300 new containers. Company officials said the impetus for this is to support traffic growth and improve service.

The relationship between Schneider and CSX goes back to 2008, when CSX became Schneider’s primary Eastern rail provider.

Schneider National and BNSF Railway have inked a new, multi-year agreement in which BNSF will continue to serve as one of Schneider’s primary rail providers for intermodal service.

Last week, the Department of Transportation’s Surface Transportation Board (STB) held a public hearing to explore the impact of Berkshire Hathaway’s acquisition of the BNSF Railway Company on “certain costing determinations.”

In a recent filing with the Department of Transportation’s Surface Transportation Board (STB), a group comprised of several rail shippers voiced their opinions as to why allowing BNSF Railway to take a write-up of roughly $8 billion based on the acquisition premium paid by Berkshire Hathaway in its February 2010 $34.5 billion acquisition of BNSF is “objectionable for many reasons.”

While the economic recovery has had its fair share of stops and starts, it may be happening again in earnest on the railways. That is the consensus from John Lanigan, executive vice president and chief marketing officer at BNSF Railway.

The Western Coal Traffic League filed a petition with the Department of Transportation’s Surface Transportation Board (STB) requesting that the STB issue an order that would adjust the Uniform Railroad Costing System of Class I railroad carrier BNSF Railway Company.

Container shipping carrier APL recently said it has made a land purchase in Joliet, Illinois to develop an intermodal container terminal. APL officials said the company purchased 43 acres of space from CenterPoint Properties within the CenterPoint Intermodal Center, the largest inland port in the United States.

Earlier this week, the United States Supreme Court upheld a ruling in which it ordered $345 million in reparations and reductions from Class I railroad Burlington Northern Santa Fe (BNSF) to two shippers, Western Fuels Association Inc. and Basin Electric Cooperative Inc.

Dry van truckload carrier USA Truck has expanded its intermodal menu, announcing it recently inked a long-term contract with Class I railroad carrier BNSF Railway to move private 53-foot domestic intermodal containers.