BNSF Railway is focusing on boosting its merchandise network efficiency by reducing terminal dwell, increasing service frequency, and improving short line connections. Terminal dwell improved by 17% in the second quarter, with a 5% volume increase on Short Line Select railroads. The goal is to enhance velocity and reduce transit times for customers.
To further enhance customer service, BNSF introduced a First Mile/Last Mile group to better understand customer needs and collaborate on supply chain solutions. The Short Line Select program aims to strengthen partnerships with top connecting railroads, focusing on strategic relationships rather than transactions. Last year, BNSF handled 2.43 million merchandise carloads, excluding coal and grain shipments.
BNSF is expanding its Premier Transload Program directory to include shortline locations and adding rail-served properties to its Certified Sites for development. The railroad plans to enhance technology tools for customer interaction to further streamline operations. The goal is to provide efficient and effective rail services to meet customer needs and drive growth. 1. The stock market surged today with the S&P 500 reaching a new all-time high of 4,500, driven by strong corporate earnings reports. Tech stocks led the gains, with Apple, Amazon, and Microsoft all seeing significant increases in their share prices.
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Read more at Yahoo Finance: BNSF aims to grow carload traffic with rail service upgrades
