SOURCE: BNSF Railway Company

March 07, 2008 09:01 ET

BNSF Reduces and Equalizes Bulk Agricultural Products Container Rates for Shipments in North Dakota

FORT WORTH, TX--(Marketwire - March 7, 2008) - BNSF Railway Company today announced that effective immediately it has reduced bulk agricultural products container rates originating in Minot and Fargo, N.D. as well as equalized these rates to the same level as its rates originating from Minneapolis/St. Paul.

"We are pleased to make these rate changes in North Dakota in an effort to further support economic development efforts for this state," said Kevin Kaufman, group vice president, Agricultural Products. "In effect, the rates that steamship companies pay to BNSF for outbound loaded bulk agricultural products in containers from Minot and Fargo/Dilworth will be equalized to Minneapolis/St. Paul rates to various U.S. export ports."

Through its economic development efforts, BNSF has been instrumental in locating 17 new or expanded businesses in North Dakota, creating multiple jobs and generating more than $23 million investments since 2005. Additionally, BNSF moves more than 12 million tons of wheat, soybeans, corn, beans and other agricultural products from North Dakota to help feed the world and has spent more than $130 million in the state in just the last three years to expand and maintain the railroad. BNSF is one of North Dakota's top employers with nearly 1,500 employees and payroll totaling more than $86 million annually.

About BNSF Railway Company

A subsidiary of Burlington Northern Santa Fe Corporation (NYSE: BNI), BNSF Railway Company operates one of the largest North American rail networks, with about 32,000 route miles in 28 states and two Canadian provinces. BNSF is among the world's top transporters of intermodal traffic, moves more grain than any other American railroad, carries the components of many of the products we depend on daily, and hauls enough low-sulfur coal to generate about ten percent of the electricity produced in the United States. BNSF is an industry leader in Web-enabling a variety of customer transactions at www.bnsf.com.

Contact Information

  • Contact:
    Suann Lundsberg
    (817) 867-6275