Railroad News

Guest post: ICC marks 150 years of enforcing, improving rail safety in Illinois

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Rail supplier news from Wabtec, Sumitomo, Progress Rail, PSI and Alstom (Nov. 9)

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NJ Transit adds contactless payment option

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NRF: Retail iImports at near-record pace

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APTA honors transit agencies for rail safety, security, COVID response

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CSX, NS: Amtrak Gulf Coast service would 'impair' freight-rail service

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Maryland Transit Solutions selected to finish Purple Line

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Infrastructure bill will spur 'new era' for U.S. passenger rail, industry execs say

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BNSF posts revenue, income and volume gains in Q3

Rail News Home BNSF Railway 11/9/2021 Rail News: BNSF Railway
image BNSF Railway Co. yesterday reported third-quarter 2021 net income rose 14% to $1.5 billion and total revenue climbed 12% to $5.8 billion compared with Q3 2020 income and revenue levels. Operating income during the quarter was $2.3 billion, a 12% increase, and operating expenses were $3.5 billion, an 11% increase, compared to a year ago, according to financial results posted on BNSF's website. The Class I reported an operating ratio of 59.5% in the quarter compared to 59.7% a year ago. BNSF's revenue gain reflected higher volumes of 4% in the quarter. The average revenue per car/unit increased 5%. Higher rates per car/unit and increased fuel surcharges principally from higher fuel prices were offset by business mix changes. Revenue changes were driven by continued improvements from the 2020 effects of the COVID-19 pandemic, partially offset by the ongoing disruptions in the global supply chain. Also during Q3:
• Consumer products volumes increased 3% primarily due to growth in intermodal in both international and domestic shipments driven by increased retail sales, inventory replenishments by retailers and increased e-commerce activity, as well as from growth in automotive shipments;
• Agricultural products volumes decreased 10% due to lower grain exports;
• Industrial products volumes rose 14% due to improvement in the U.S. industrial economy driving higher volumes in construction and building sectors; and
• Coal volumes increased 12% due to increased electricity generation, higher natural gas prices and improved export demand.
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BNSF posts revenue, income and volume gains in Q3

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WMATA delays reopening of Rockville, Shady Grove stations

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Illinois lawmakers propose new federal funding for grade separations

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AASHTO elects first African-American president

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Ports America, Ceres Marine, SSA Atlantic form joint venture to boost Savannah port's efficiency

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ATA: Truck drivers exempt from OSHA vaccine mandate

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Alghabra provides update on Lac-Megantic bypass project

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CHSRA releases final environmental reports on Los Angeles high-speed rail project

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Rail industry applauds 'historic' funding levels in infrastructure bill

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Rail supplier news from Capital Rail Constructors, Alstom and Intramotev (Nov. 5)

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Michigan DOT’s long-range plan covers passenger rail improvements

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