Unless the Los Angeles-Long Beach ports attract more cargo, they could wind up stuck with a hefty bill for the intermodal corridor’s bond debt, a report says.
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BNSF Railway
BNSF Railway
BNSF Railway is one of the U.S. Class I railroads serving especially the western half of the country, with a rail network of 32,500 route miles in 28 states and two Canadian provinces and more than 43,000 employees. In 2013, the railroad handled 5 million intermodal shipments, as well as large amounts of agricultural products, coal, and industrial goods. The company reported 2013 revenue of $22 billion, up 6 percent year-over-year.
The Fort Worth, Texas-based railroad was created in 1995 from the merger of Burlington Northern Inc. (parent of Burlington Northern Railroad) and Santa Fe Pacific Corp. (parent of the Atchison, Topeka & Santa Fe Railway). BNSF became a subsidiary of Berkshire Hathaway, Inc., in 2010.
Key Coverage
New Bajio-Chicago service to tap cross-border growth
Slower BNSF intermodal transits give UP opening
STB raises concerns with ‘deterioration’ of BNSF service
Webcasts
Press Releases
05 Nov 2019
As spot intermodal rates begin to save shippers more money than earlier in 2019, shippers are seeing reduced savings on contract business.
16 Oct 2019
J.B. Hunt Transport Services said its intermodal volume was flat in the third quarter, a positive given the 4.5 percent decline in total intermodal volume across the industry.
10 Oct 2019
Two refrigerated intermodal carriers, Marten Transport and KLLM Transport, have acquired 53-foot containers as US Class I railroads have been disincentivizing intermodal trailer use.
03 Oct 2019
Intermodal volumes did not recover in the third quarter, prompting questions of what railroads can do to win back shippers, other than waiting for a recovery in trucking.
30 Sep 2019
YRC Freight is building its own fleet of domestic containers — to reach 600 by year’s end — for use on BNSF Railway lines connecting West Coast ports with the US heartland.
09 Sep 2019
The Journal of Commerce has learned Amazon has acquired 53-foot containers, signaling an intention to tender intermodal volume directly to Class I railroads without an intermediary and marketing itself as an end-to-end supply chain solution for small retailers.
16 Jul 2019
J.B. Hunt Transport Services believes the intermodal market has hit rock bottom, expressing confidence that shippers will move excess inventory in the second half of 2019, though volume will still be less than last year.
12 Jul 2019
Analysts expect more of a negative outlook from railroads in second-quarter earnings calls, as shippers have not sent as much on intermodal as they have anticipated in 2019.
10 Jul 2019
Truckers continue to battle turns of more than an hour at times in BNSF’s Lot 16 outside Chicago, where the railroad has instructed all empty containers to be returned. This means drivers complete fewer jobs per day and shippers have to wait longer for service.
08 Jul 2019
The intermodal peak season is expected to be a manageable one with domestic volumes continuing to be weak and abundant container capacity, while international loads will increase at a slower pace than a year ago. Industry stakeholders believe intermodal service will be good in the peak season.
05 Jul 2019
Although chassis discussions usually are focused on marine ports, figuring out a solution to chronic equipment shortages must take into account an equally complex set of railroad operations across the US heartland.
01 Jul 2019
TRAC and DCLI have reached an interoperability agreement for the BNSF terminal outside of Dallas, which could lower the likelihood of chassis shortages. Open choice advocates worry this "duopoly" will spread to other Gulf Coast markets and limit trucker choice.
19 Jun 2019
Despite a downturn in volume, freight shippers say intermodal remains a critical component of their supply chains even as technology is poised to lower truck costs.
17 Jun 2019
The Illinois Trucking Association has begun to track truck turn times in Chicago rail yards to provide shippers a better understanding of how congestion disrupts the supply chain.
29 May 2019
Although last week’s Surface Transportation Board hearing didn’t include intermodal, shippers complain about penalties assessed when their cargo arrives on a Friday night and their warehouses are closed until Monday.
22 May 2019
The Surface Transportation Board put Class I railroads on the hot seat about demurrage and accessorial policies that rail shippers have described as unreasonable and revenue generators.
09 May 2019
BNSF Railway, Norfolk Southern, and CSX say domestic intermodal contract rates have risen by upper single-digit percentages in the first quarter, but some non-asset intermodal marketing companies tell quite a different story.
11 Apr 2019
North American intermodal volume ended the first quarter worse than initially forecast due to changing shipping patterns and flooding in the Midwest, but there are signs that this is an inflection point to a difficult 2019 and not a fleeting blip.
19 Mar 2019
As a multi-state region is devastated by historic flooding, shippers are rerouting, delaying cargo until waters recede and the full impact on truck capacity becomes clear.
15 Mar 2019
All empty and loaded containers are being embargoed from three Union Pacific Railroad terminals due to a shortage of railcars, the second such shortage in the last three weeks.
26 Feb 2019
With blank sailings kicking in and congestion at Chicago rail yards easing, terminal operators in LA-LB say they have turned the corner and they see end of congestion by mid-March
08 Feb 2019
Rail delays in Los Angeles and Long Beach are compounding already severe congestion that has caused truck turn times to spike, with no relief in sight for at least the next two weeks.
29 Jan 2019
Patience is the key right now, logistics professionals say, because many BCOs and truckers are dealing with the same challenges, caused by large volumes, a chassis shortage, and now Arctic cold.
02 Oct 2018
It’s the latest move in a shifting vision at CSX for the terminal, which the railroad hopes to make a central hub for Ohio freight but also includes logistical challenges for shippers and truckers.
28 Aug 2018
The proposed facility where containers from the ports of Los Angeles and Long Beach will be transferred to intermodal trains would be a boon to beneficial cargo owners and freight transportation interests for several reasons. But there's also a not-insignificant environmental benefit.
08 Jan 2018
New ocean and rail services mark the return of the Port of Portland, Oregon, to regular container handling.
