Railroad News

North Carolina Gov. Roy Cooper announced Jan. 3 the appointment of Jim Trogdon to lead the North Carolina Department of Transportation (NCDOT). Trogdon is an engineer with decades of experience in state government and the military.

 

1/4/2017    

Rail News: BNSF Railway

1/4/2017    

Rail News: BNSF Railway

Rail News Home BNSF Railway 1/4/2017 Rail News: BNSF Railway
BNSF Railway Co. and J.B. Hunt Transport Services Inc. announced yesterday they both have exercised their right to arbitrate a revenue division in a joint service agreement.The service agreement provides that the revenue division will be a negotiated provision determined by the companies and reviewed quarterly, according to a J.B. Hunt press release.The arbitration involves the division of revenue collected under the agreement as of May 1, 2016, J.B. Hunt officials said."The fairness of the revenue division has not been reviewed by a third party in more than 10 years, and the intermodal network built by the parties over that time has seen tremendous growth and increased operating complexities," stated J.B. Hunt's press release.Although the arbitration proceeding is infrequent and may be "lengthy and time consuming," the company considers it a normal part of business, J.B. Hunt officials added.Because the agreement's terms and the arbitration proceedings are confidential, BNSF declined to comment on the matter."BNSF continues to be focused on providing excellent service to our customers, which will not be affected by this review," BNSF officials said in a press release. Contact Progressive Railroading editorial staff. More News from 1/4/2017

J.B. Hunt Transport Services, Inc., and BNSF have both requested a panel of arbitrators review their Joint Service Agreement revenue division.

The agreement between the two parties dates to 1991 when J.B. Hunt entered into what was then considered a landmark agreement with the Santa Fe Railway, which merged with Burlington Northern in 1995 to form BNSF. The agreement calls for the revenue division to be reviewed quarterly and has not gone to arbitration since 2004. The current request for arbitration pertains to the division of revenue collected since May 1, 2016.

1/4/2017    

Rail News: People

Union Pacific (UP) has announced its acquisition of Railex LLC, a refrigerated rail service and third-party logistics leader.

 

1/4/2017    

Rail News: Safety

1/4/2017    

Rail News: Union Pacific Railroad

1/4/2017    

Rail News: Union Pacific Railroad

1/3/2017    

Rail News: MOW

1/3/2017    

Rail News: MOW

1/3/2017    

Rail News: Passenger Rail

U.S. Transportation Secretary Anthony Foxx announced last week that Martin Klepper has been appointed to serve the United States Department of Transportation’s (USDOT) Build America Bureau as its executive director.

 

1/3/2017    

Rail News: MOW

1/3/2017    

Rail News: Passenger Rail

The Minnesota Department of Transportation (MnDOT) has completed a study into grade separation options at the state's worst ranked grade crossing and has recommended an overpass option.

Following 10 months of study, MnDOT released a feasibility study outlining recommendations for a new Highway 47 (Ferry Street) BNSF Railroad crossing in the city of Anoka.

New York’s Metropolitan Transportation Authority (MTA) celebrated the Second Avenue Subway line’s inaugural ride on New Year's Eve.

 

1/3/2017    

Rail News: Rail Industry

1/3/2017    

Rail News: People