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BNSF

BNSF Logistics Selected to Inbound Logistics Top Ten List

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,

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BNSF

Berkshire Hathaway Operating Earnings Increase

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.

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BNSF

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