BNSF Railway

CIO Leadership: Celebrating Charlie Feld and Other Recipients of HMG Strategy’s Global Leadership Institute Awards at the 15th Annual Dallas C-Level Technology Leadership Summit on April 2

Retrieved on: 
Thursday, March 28, 2024

“In 2024, our recognition program will honor elite global technology, business and search leaders whose teams are delivering unparalleled value to their organizations.

Key Points: 
  • “In 2024, our recognition program will honor elite global technology, business and search leaders whose teams are delivering unparalleled value to their organizations.
  • For more information about the 15th Annual C-Level Dallas Technology Leadership Summit and to register, click here .
  • HMG Strategy is also excited to be hosting its 13 th Annual Washington, D.C. C-Level Technology Leadership Summit on April 18 at the Ronald Reagan Building.
  • To learn more about the 13th Annual Washington, D.C. C-Level Technology Leadership Summit and to register for the event, click here .

BNSF Railway Announces 2023 Economic Development Results

Retrieved on: 
Monday, April 1, 2024

Investments from BNSF Railway customers totaled more than $4.1 billion in 2023, the freight rail provider reported this week.

Key Points: 
  • Investments from BNSF Railway customers totaled more than $4.1 billion in 2023, the freight rail provider reported this week.
  • Last year’s investments are the largest BNSF customers and local economic development organizations have made in new or expanded facilities in the past five years.
  • “We take pride in collaborating with our customers to create customizable rail development solutions that meet their unique needs and enhance and improve their supply chains,” said Chris Danos, assistant vice president, economic development.
  • “BNSF can also help create sustainable solutions while streamlining logistics costs.”
    In 2023, new developments supported various industrial and agricultural commodities in communities across the BNSF network.

BNSF Railway builds upon safety record by utilizing virtual reality for training

Retrieved on: 
Thursday, March 28, 2024

As the railway industry continues to power the American economy with sustainable methods of moving freight, BNSF Railway is building upon its record year for safety by continuing to put its people first.

Key Points: 
  • As the railway industry continues to power the American economy with sustainable methods of moving freight, BNSF Railway is building upon its record year for safety by continuing to put its people first.
  • As the industry’s safety leader, the North American railway company is currently implementing immersive technology into its mechanical training programs to keep workers safe, utilizing virtual/augmented and mixed realities to enhance safety strategies and improve role readiness amongst the mechanical workforce.
  • “BNSF closed out last year with the lowest injury frequency rate in the company’s 175-year history,” said Mark Stockman, director of mechanical training for BNSF.
  • “We continue to invest in new technologies like virtual reality simulations to enhance our mechanical training programs even more.

J.B. Hunt Signs Long-Term Intermodal Agreement With Walmart

Retrieved on: 
Thursday, February 22, 2024

J.B. Hunt Transport Services Inc. (NASDAQ: JBHT), one of the largest supply chain solutions providers in North America, announced today that its subsidiary, J.B. Hunt Transport Inc., has entered into a multi-year intermodal service agreement with Walmart, in an arrangement that includes J.B. Hunt’s purchase of Walmart’s intermodal assets.

Key Points: 
  • J.B. Hunt Transport Services Inc. (NASDAQ: JBHT), one of the largest supply chain solutions providers in North America, announced today that its subsidiary, J.B. Hunt Transport Inc., has entered into a multi-year intermodal service agreement with Walmart, in an arrangement that includes J.B. Hunt’s purchase of Walmart’s intermodal assets.
  • In connection with the service agreement and increased commitments, J.B. Hunt will acquire Walmart’s operational intermodal container and chassis fleets.
  • Hunt always said ‘Good partners attract good partners,’" said Spencer Frazier, executive vice president of sales and marketing at J.B. Hunt.
  • In 2023, J.B. Hunt and its long-time joint service provider BNSF Railway launched Quantum, a breakthrough intermodal service to convert service-sensitive highway freight to intermodal.

BNSF Railway Ranks Among “America’s Greatest Workplaces for Diversity”

Retrieved on: 
Thursday, February 8, 2024

BNSF Railway, one of North America’s leading freight transportation companies, has been named among “America’s Greatest Workplaces for Diversity 2024” by Newsweek and Plant-A Insights Group.

Key Points: 
  • BNSF Railway, one of North America’s leading freight transportation companies, has been named among “America’s Greatest Workplaces for Diversity 2024” by Newsweek and Plant-A Insights Group.
  • This year’s list, a result of more than 1.5 million company reviews, features large and mid-size companies that were examined through public data, interviews and anonymous surveys by employees who shared their insights into corporate culture and working environments.
  • “BNSF is honored to be recognized as one of America’s Greatest Workplaces for Diversity 2024, as we are committed to a culture where all employees feel included, belong and have equal opportunity to achieve their full potential,” said Judy Carter, BNSF senior vice president and chief human resources officer.
  • We know that BNSF is better as an organization when we create an environment where our unique backgrounds, skills and experiences are considered our greatest strength.”
    In its second year, “America’s Greatest Workplaces for Diversity” highlights companies in 78 industries that have shown a proven commitment to recruiting and advancing individuals of various races, genders, orientations and abilities.

Alameda Corridor Transportation Authority Announces Sale of Approximately $216.2 Million Revenue Refunding Bonds

Retrieved on: 
Wednesday, February 7, 2024

On February 6th, the Alameda Corridor Transportation Authority (ACTA) closed over $216 million in revenue refunding bonds to refinance and restructure ACTA’s debt.

Key Points: 
  • On February 6th, the Alameda Corridor Transportation Authority (ACTA) closed over $216 million in revenue refunding bonds to refinance and restructure ACTA’s debt.
  • The sale of these bonds will allow ACTA to reshape its debt service profile to avoid certain projected debt service shortfalls and match anticipated revenue growth.
  • On January 23rd, the Alameda Corridor Transportation Authority priced $41.2 million aggregate principal amount of its Tax-Exempt Senior Lien Revenue Refunding Bonds, $10.9 million aggregate principal amount of its Taxable Senior Lien Revenue Refunding Bonds, $29.7 million aggregate principal amount of its Tax-Exempt Subordinate Lien Revenue Refunding Bonds and $134.6 million aggregate principal amount of its Taxable Subordinate Lien Revenue Refunding Bonds, for a total of approximately $216 million.
  • Revenue from Union Pacific and BNSF pay, among other things, debt service on ACTA’s revenue bonds.

BNSF Railway ready to help communities applying for federal funding to enhance safety

Retrieved on: 
Tuesday, February 6, 2024

BNSF Railway (BNSF) is partnering with local communities and public agencies to advance safety infrastructure projects across its network.

Key Points: 
  • BNSF Railway (BNSF) is partnering with local communities and public agencies to advance safety infrastructure projects across its network.
  • With its newly assembled Public Infrastructure and Investments team, BNSF is ready to help eligible applicants apply for recently announced federal grants to improve grade crossing safety across America.
  • “Connecting and serving communities across our network has been BNSF’s priority for more than 170 years,” said French F. Thompson, BNSF general director of public infrastructure and investments.
  • The BNSF Public Infrastructure and Investments team can assist with project identification, the grant writing process, and solicitation of letters of support to highlight the project’s importance.

Singleton Schreiber Lawsuit Accuses BNSF Railway of Triggering Tunnel 5 Fire

Retrieved on: 
Thursday, February 1, 2024

SKAMANIA, Wash., Feb. 1, 2024 /PRNewswire/ -- Premier national fire litigation firm Singleton Schreiber filed a lawsuit filed today in Skamania Superior Court, Washington, alleging BNSF Railway is responsible for causing the Tunnel 5 Fire on July 2, 2023.

Key Points: 
  • SKAMANIA, Wash., Feb. 1, 2024 /PRNewswire/ -- Premier national fire litigation firm Singleton Schreiber filed a lawsuit filed today in Skamania Superior Court, Washington, alleging BNSF Railway is responsible for causing the Tunnel 5 Fire on July 2, 2023.
  • "The irresponsible actions of BNSF Railway jeopardized lives, destroyed homes and exhausted the resources of the entire surrounding region," said lead attorney and managing partner Gerald Singleton.
  • The railway must be held accountable, and our lawsuit seeks to do just that."
  • The case is Lance Douglas Brooks v. BNSF Railway Co, Skamania Superior Court, Case No.

Public and Private Works Projects Honored by Statewide Engineering Association

Retrieved on: 
Thursday, February 1, 2024

These honor award projects are being recognized for demonstrating an exceptional degree of innovation, complexity, achievement, and value.

Key Points: 
  • These honor award projects are being recognized for demonstrating an exceptional degree of innovation, complexity, achievement, and value.
  • As the prime consultant, GHD provided project planning, public outreach, permitting, grant assistance, engineering design, and engineering services during construction.
  • ACEC California is a 60 plus year-old, nonprofit association of private consulting engineering and land surveying firms.
  • As a statewide organization, we are dedicated to enhancing the consulting engineering and land surveying professions, protecting the general public, and promoting use of the private sector in the growth and development of our state.

BNSF Announces Plan for 2024 Capital Investments

Retrieved on: 
Wednesday, January 24, 2024

BNSF Railway Company (BNSF) announced its 2024 capital investment plan of $3.92 billion.

Key Points: 
  • BNSF Railway Company (BNSF) announced its 2024 capital investment plan of $3.92 billion.
  • BNSF’s capital investments play a key role in its ability to operate a safe and reliable network while supporting the anticipated needs of its customers.
  • “This year’s capital plan reflects our continued commitment to growth, by ensuring we have the capacity and equipment needed to support our customers,” said Katie Farmer, President and CEO.
  • Approximately $440 million of this year’s capital plan is for equipment acquisitions.