BNSF

BNSF Railway Co. last week said it is planning to spend $5 billion on capital expenditures in 2014, which would be a new single-year record for the company and a $1 billion increase over its 2013 capital spend.

A BNSF freight train derailed near Casselton, N.D., prompting authorities to evacuate 300 people as a precaution, The Associated Press reported. Video of the train wreck showed what appeared to be a massive explosion. Click here for more about the derailment.    

The Alabama & Gulf Coast Railway (AGR), a RailAmerica Inc. company, is now serving a new crude oil-unloading terminal developed by Genesis Energy L.P.