Ice Named President of BNSF Railway Co.

November 2, 2010 News Wire 0

FORT WORTH, Texas — BNSF Chairman and Chief Executive Officer Matt Rose announced the promotion of Carl Ice to the newly created position of president and chief operating officer of BNSF Railway Co., with responsibility for Operations, Marketing and Technology Services.

BNSF Logistics Selected to Inbound Logistics Top Ten List

August 16, 2010 News Wire 0

SPRINGDALE, Ark. — BNSF Logistics LLC has been named one of the top logistics providers for the seventh consecutive year by readers of Inbound Logistics magazine in its annual “Top 10 3PL Excellence” awards program. More than 6,000 votes were cast in this year’s survey, for over 800 unique third-party logistics providers. “Recent economic times have forced companies to deal with product scalability, demand volatility, access to capacity, and matching inventory more tightly to demand,” stated Felecia Stratton, Editor of Inbound Logistics. “BNSF Logistics qualifies because it has shown consistent results in helping customers navigate stormy economic times.” “Each year,

Berkshire Hathaway Operating Earnings Increase

August 8, 2010 News Wire 0

FORT WORTH, Texas — Berkshire Hathaway operating earnings for the second quarter and first six months of 2010 increased 72.7 percent and 52.0 percent from the comparable periods in 2009. BNSF was the major contributor adding $885 million to net earnings since the company’s acquisition on Feb. 12, including $603 million during the second quarter. Its acquisition increased the company’s shares outstanding by 6.1 percent. Another major reason for the improvement occurred at NetJets with a swing from a pre-tax loss of $348.5 million in the first six months of 2009 to a pre-tax profit of $114.5 million in 2010.

BNSF Rebases Fuel Surcharge

FORT WORTH, Texas — BNSF Railway Co. announced that the strike price, the Highway Diesel Fuel (HDF) price at which BNSF will assess a fuel surcharge, will be reset from $1.25 per gallon to $2.50 per gallon. This change reflects current fuel pricing trends which on a sustained basis have averaged above $2.50 since 2005. The change applies to BNSF’s mileage-based and percent-of-revenue fuel surcharge programs for Agricultural Products, Industrial Products, Coal and Automotive shipments beginning January 2011. Intermodal shipments will not be affected. Underlying base rates will be appropriately adjusted to reflect the new strike price. “Based on continual

BNSF Announces Changes to Marketing Leadership

FORT WORTH, Texas — BNSF Railway Co. has announced changes to its Marketing leadership. George Duggan will be joining the Coal Marketing Team as vice president, succeeding Sami Shalah, who is retiring in August. Duggan will report to Steve Bobb, group vice president, Coal. Duggan joined Burlington Northern, a BNSF predecessor, in 1990 as a grain specialist. During his career, he has held various assignments with progressive leadership responsibility in customer support, marketing and sales. Since 2005, Duggan has served as vice president, Domestic Intermodal. He has a bachelor’s degree in Economics from the University of Missouri-St. Louis (1990) and

BNSF to Replace Burlington Bridge Approach Spans Construction of Lift Span Begins This Summer

FORT WORTH — BNSF Railway Company will begin work this month on replacing seven approach spans on the Mississippi River bridge at Burlington, Iowa. Construction of the new approaches will complement a separate construction project that began last year to replace the bridge’s swing span with a new lift span over the navigation channel. Construction of the replacement approach spans will use new reinforced concrete foundations with 250-foot steel bridge spans. When combined with the replacement of the movable span over the navigation channel, the entire bridge will have been rebuilt to 21st century engineering standards. “The Burlington Bridge is

1 2 3 4 5 6 14