BNSF

BNSF posts strong second quarter, first half

BNSF Railway realized significant gains in operating income and revenue in this year’s second quarter and first half, attributable to volume increases in most commodities, tight truck capacity leading to highway-to-rail conversions, pricing and other factors.

Commentary

Tempest in a tank car

Industry watchers greeted the news of the recent BNSF derailment in Doon, Iowa, as typical ho-hum news. 32 tank railcars hauling crude derailed on a stretch of track that had been compromised by floodwaters. Several of the cars were ruptured and there was a crude spill. Emergency services (BNSF and others) were able to contain the size of the spill, and residents of the area were evacuated as a precaution. Luckily for all parties involved, there was no conflagration whatsoever as a result of the derailment.

BNSF in record Minn. project

A ceremonial groundbreaking was held July 16 for a $72.9 million grade separation project in Moorhead, Minn. It is the largest transportation project in the city’s history.