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BNSF

AAR: Rail Carload Freight Reaches Highest Level in More Than a Year

WASHINGTON — Carload freight volume on U.S. railroads reached its highest level in more than a year during the week ended Feb. 27, the Association of American Railroads reported. U.S. railroads originated 290,261 carloads during the week ended Feb. 27, up 2.6 percent from the comparable week in 2009 and the highest level reported since the week ended Dec. 6, 2008. However, the total was still down 13.5 percent from comparison week in 2008. In order to offer a complete picture of the progress in rail traffic, AAR now reports 2010 weekly rail traffic with comparison weeks in both 2009

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BNSF

BNSF Reduces Transit Schedules on 60 Percent of its Domestic Premium Intermodal Traffic

FORT WORTH, Texas — BNSF Railway Co. announced that it has reduced transit schedules on 60 percent of its Domestic Intermodal Premium Container traffic, and added 16 more days of service. “These changes are a direct result of feedback from our domestic carrier customers on what they need to attract more over-the-road freight to a truck-rail intermodal solution,” said George Duggan, BNSF vice president, Domestic Intermodal. One of the changes includes reducing transit time by 7 to 10 hours on BNSF’s premier Transcontinental route between Los Angeles/San Bernardino and Chicago, giving customers a morning availability and allowing for same day delivery.

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BNSF

Burlington Northern Santa Fe Reports Fourth Quarter/Full Year 2009 Results

FORT WORTH, Texas — Burlington Northern Santa Fe Corp. reported quarterly earnings of $1.55 per diluted share, which included a tax benefit of $0.25 per share related to the fourth-quarter donation of a portion of a line segment located in Washington State. This compared to fourth-quarter 2008 earnings of $1.78 per diluted share, which included a fuel surcharge lag benefit of about $200 million. “We have seen some improvement in volumes during the second half of 2009 and expect this gradual improvement to continue,” said Matthew K. Rose, BNSF Chairman, President and Chief Executive Officer. “BNSF will continue to position

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BNSF

Shareholders Approve Burlington Northern Santa Fe Transaction with Berkshire Hathaway

FORT WORTH, Texas — Burlington Northern Santa Fe Corp. shareholders voted overwhelmingly in favor of the company’s acquisition by Berkshire Hathaway Inc. In all, preliminary results show that approximately 70 percent of BNSF issued and outstanding shares not owned by Berkshire or its affiliates were voted in favor of the transaction, above the 66 2/3 percent required. Additionally, holders of at least a majority of the issued and outstanding shares of BNSF voted in favor. Both of these votes were required under Delaware law to adopt the merger agreement and were reported at a shareholder meeting held today at BNSF

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BNSF

Burlington Northern Santa Fe Reports Fourth Quarter/Full Year 2009 Results

FORT WORTH, Texas — Burlington Northern Santa Fe Corp. reported quarterly earnings of $1.55 per diluted share, which included a tax benefit of $0.25 per share related to the fourth-quarter donation of a portion of a line segment located in Washington State. This compared to fourth-quarter 2008 earnings of $1.78 per diluted share, which included a fuel surcharge lag benefit of about $200 million. “We have seen some improvement in volumes during the second half of 2009 and expect this gradual improvement to continue,” said Matthew K. Rose, BNSF Chairman, President and Chief Executive Officer. “BNSF will continue to position

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BNSF

Holiday Cheer Rolls Through Southern California Aboard BNSF’s Santa Claus Express

LOS ANGELES — Santa Claus and his merry helpers will ride the rails and distribute gifts to hundreds of deserving children on board the 19th annual BNSF Santa Claus Express train as it travels through Southern California beginning Dec. 17 through Dec. 21. Children are selected for the free rides by the Shriner’s Hospital for Crippled Children, Arrowhead United Way, Salvation Army Red Shield Youth and Community Center, Comprehensive Child Development Center, Mexican American Opportunity Foundation, City of Hope Hospital and Jonathan Jaques Children’s Cancer Center at Miller Children’s Hospital of Long Beach, among other organizations. BNSF employee volunteers will

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BNSF

Montana Sues BNSF

BILLINGS, Mont. — The state of Montana is suing BNSF over a 1984 settlement agreement regarding Central Montana Railway (CMR), a wholly owned subsidiary of the state. “The State’s suit primarily deals with issues that have already been before federal courts for the past four years,” BNSF said in a statement. “Many of these issues were resolved in BNSF’s favor by the federal court and arbitration panels. We intend to continue these efforts to demonstrate that our actions are legal, designed to provide Montana producers with rate transparency and protect Montana producers from excessive rail rates.”

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BNSF

BNSF Honors Three Shortline Railroads for Partnership Excellence

FORT WORTH, Texas — BNSF Railway Co. recognized three shortline railroads for their tremendous success and partnership over the past year with a BNSF Shortline Achievement Award at this year’s 14th Annual Shortline Conference on Oct. 19, 2009 in Fort Worth, Texas. The Plainsman Switching Company (PSC), Yellowstone Valley Railroad (YSVR), and Burlington Junction Railway (BJRY) were chosen because of their ability to increase the volume and development of new customers and for being good stewards in their communities. “BNSF is proud to recognize these three shortline railroads,” said Pete Rickershauser, BNSF vice president, Network Development. “Each shortline has greatly

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BNSF

BNSF Receives Working for Clean Air Award

FORT WORTH, Texas — BNSF Railway Co. was recognized last week as a Clean Air Champion by the North Texas Clean Air Coalition. The Working for Clean Air awards publicly recognize civic-minded businesses that have developed internal corporate programs to improve the quality of air, quality of life, and the health of the north Texas community. “BNSF is committed to operating in a way that protects the environment, our employees, our communities and the economy overall,” said Mark Schulze, vice president, Training and Operations Support. “I am proud that BNSF has been recognized for its green efforts at our corporate