BNSF

FORT WORTH, Texas — BNSF Railway Co. announced it has reached a tentative agreement with the Brotherhood of Locomotive Engineers and Trainmen to settle wage and work rule matters concerning BNSF’s locomotive engineers for the major round of collective bargaining that will begin Jan. 1, 2010. The agreement will settle wage and work rule issues through Dec. 31, 2014. Health and welfare issues, however, will be addressed in upcoming industry-wide negotiations. BLET will release details of the new agreement to its membership as part of the ratification process. However, the agreement affords a general wage increase in each year of

FORT WORTH, Texas — Burlington Northern Santa Fe Corp. reported quarterly earnings of $1.42 per diluted share, which included a $0.06 per share impact related to a favorable coal rate case adjustment. This compared to third-quarter 2008 earnings of $1.99 per diluted share. “During the recession, BNSF has demonstrated significant operating leverage through ongoing dedication to controlling costs and productivity improvements,” said Matthew K. Rose, BNSF Chairman, President and Chief Executive Officer. “The combination of our significant operating leverage and long-term market opportunities places BNSF in a strong position when the economy recovers.” Third-quarter 2009 freight revenues decreased $1.28 billion,

FORT WORTH, Texas — BNSF Railway Company on Oct. 6 opened its Memphis Intermodal Facility for an advance look by members of its customer advisory board. The more than $200 million expansion is in its final phases of work. When fully operational in 2010, the expanded facility will have double the capacity, reduce emissions and improve air quality. The BNSF Memphis Intermodal Facility spans 185 acres and will have the capacity to handle 1 million lifts per year at full build out. The facility is equipped with eight wide-span, electric, rail-mounted gantry cranes. These cranes produce zero emissions on site

FORT WORTH, Texas — Work has started to replace BNSF Railway’s 118-year-old swing span over the Mississippi River at Burlington, Iowa, with a modern lift span that will increase the river channel width from 150 feet to 307 feet 6 inches. The $70 million project is scheduled for completion in the summer of 2011. Construction of the lift span is being financed in part through the American Recovery and Reinvestment Act of 2009 and previous year appropriations under the Truman-Hobbs Act, which provides federal funds for the alteration of bridges found to be unreasonably obstructive to navigation. The Truman-Hobbs Bridge