Domestic News
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For first-quarter 2021, BNSF posted revenues of $5.401 billion, virtually flat with the year-earlier period, and volumes of 2.449 million, led by Consumer and Agricultural products, the railroad reported May 3. |
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Count BNSF as one of those watching how efforts by Canadian Pacific and CN to acquire Kansas City Southern play out. |
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BNSF Railway corporate parent Berkshire Hathaway is closely watching the battle for Kansas City Southern. |
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CN President and CEO JJ Ruest and COO Rob Reilly issued an open letter to the Kansas City Southern (KCS) community on May 3, regarding the railroad’s “superior proposal” to combine with KCS. |
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Customers and other stakeholders are voicing support as well as concerns to the Surface Transportation Board about CN’s proposed combination with Kansas City Southern, according too simultaneous press releases from CN and Canadian Pacific. |
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Auto makers anticipate a slower recovery in chip supplies following the fire at Japan’s Renesas semiconductor factory and the Texas freeze. |
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Lumber demand is so strong that Resolute Forest Products Inc.'s order book exceeds its inventory, CEO says. |
International News
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VTG is strengthening its activities on the Turkish market, bundling all the business activities of VTG Rail Europe, VTG Rail Logistics and VTG Tanktainer under the aegis of the Group’s Turkish subsidiary VTG Nakliyat. |
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Lineas has acquired the Rotterdam-based operator Independent Rail Partner to strengthen its presence in the Port of Rotterdam and on the Dutch market. |
