Maintenance of Way

Improved volumes power BNSF earnings

Third quarter earnings at BNSF Railway reflected gains in most carload categories that boosted revenue and income, but some moderation in growth through the first nine months of the year led the railroad to scale back its projected capital expenditures.

Parsons to lead “next generation” at IAIS

Joseph Parsons will take on the newly-created title of general manager at the Iowa Interstate Railroad (IAIS), effective Nov. 3, concurrent with the retirement of Jerome Lipka from the position of president. Al Satunas was named chief operating officer and will report to Parsons.