BNSF Railway

BNSF Railway

Transcontinental freight railroad operator

Overview

BNSF Railway operates one of North America's largest freight rail networks, moving goods across a vast corridor from the West Coast to the Southeast. It runs freight trains for intermodal and bulk shipments, coordinating schedules, maintenance, and connections with logistics partners to move cargo efficiently. Its scale and Berkshire Hathaway backing provide financial stability and integration with a broad portfolio of businesses, differentiating it from smaller railroads. Its goal is to move goods reliably across North America and create long-term value for shareholders.

About BNSF Railway

Simplify's Rating
Why BNSF Railway is rated
B
Rated A on Competitive Edge
Rated B on Growth Potential
Rated C on Differentiation

Industries

Automotive & Transportation

Industrial & Manufacturing

Company Size

10,001+

Company Stage

Debt Financing

Total Funding

$2.2B

Headquarters

Fort Worth, Texas

Founded

1996

Simplify Jobs

Simplify's Take

What believers are saying

  • Broke ground March 12, 2026, on $500 million Logistics Center North Dallas, 944-acre industrial park.
  • Signed 10-year Metra passenger agreement April 10, 2026, securing Chicago-Aurora commuter revenue.
  • Reached Front Range Passenger Rail tentative deal April 10, 2026, for $333 million starter service.

What critics are saying

  • Laid off 20-25 Lincoln railyard workers May 1, 2026, sparking Brotherhood union strikes within 3-6 months.
  • Front Range deal prioritizes passenger trains, delaying BNSF freight on Fort Collins-Denver corridor by 2029.
  • Precision railroading cuts trigger STB safety probe, imposing fines and hiring mandates in 12-18 months.

What makes BNSF Railway unique

  • BNSF formed in 1995 merger of Burlington Northern and Santa Fe, creating North America's largest rail network.
  • Berkshire Hathaway acquired BNSF for $44 billion in February 2010, fully owned subsidiary.
  • Operates 32,500 miles of track across 28 states, complementary Pacific Northwest to Southwest routes.

Help us improve and share your feedback! Did you find this helpful?

Funding

Total Funding

$2.1B

Above

Industry Average

Funded Over

3 Rounds

Debt funding comparison data is currently unavailable. We're working to provide this information soon!
Debt Funding Comparison
Coming Soon

Company News

Multi-Housing News
Apr 16th, 2026
Inland Empire multifamily report - march 2026.

Inland Empire multifamily report - march 2026. Despite the pipeline surge, most metrics are relatively healthy. The Inland Empire's multifamily market began 2026 with most fundamentals winding down, as economic uncertainty and a decade peak for deliveries pressured rents. Average advertised asking rents inched down 0.3 percent, on a trailing three-month basis through January, to $2,151, 10 basis points below the U.S. average and marking the second consecutive month of contractions. Following 2025's record deliveries, the average occupancy across stabilized assets inched up only 10 basis points year-over-year through December, to 95.3 percent. The area's employment growth clocked in at 0.7 percent year-over-year through September, 10 basis points below the U.S. figure. Meanwhile, unemployment was 5.1 percent as of December, above the 4.4 percent U.S. rate, but below California's 5.5 percent, according to preliminary data from the Bureau of Labor Statistics. The Inland Empire gained 14,900 net jobs over the 12-month period ending in September, with education and health services leading growth (15,600 positions). Five sectors lost a combined 13,200 jobs. One of the largest upcoming infrastructure projects is BNSF Railway's $1.5 billion integrated rail facility. Last year was the market's best for deliveries in this decade, with 7,014 units added. Activity will likely slow down this year. Developers had 7,198 units under construction as of January, along with an additional 45,000 units in the planning and permitting stages.

Fort Collins Coloradoan
Apr 10th, 2026
Front Range Passenger Rail has cost estimate, tentative deal with BNSF.

Front Range Passenger Rail has cost estimate, tentative deal with BNSF. Fort Collins Coloradoan April 10, 2026, 5:02 a.m. MT The Front Range Passenger Rail District has reached a tentative deal with BNSF to use its railway and estimates it will cost $333 million to create rail service connecting Fort Collins to Denver and points in between. An access agreement with BNSF is not yet official and needs to be approved by all of the governing boards involved. But details shared at a news conference April 9 lay out a plan for a single train, with a spare, to operate three round trips per day, seven days a week. This brings costs down from previous estimates, one of which looked at using five trains. A round trip from Fort Collins to Denver would not exceed 108 minutes, with an 80-minute "pure run time," according to a draft schedule, with maximum train speeds of 79 miles per hour. So, a morning trip would leave Fort Collins at 6:27 a.m. and get to Union Station by 8:15 a.m. It would turn around and return to Fort Collins by 10:27 a.m. Other trips would leave Fort Collins at 10:53 a.m. and 6:27 p.m. An afternoon northbound trip from Denver would begin at 4:23 p.m. The last train of the day would leave Union Station at 8:39 p.m. and arrive in Fort Collins by 10:27 p.m. Parking tracks would be constructed in Fort Collins for overnight parking of the train. Platforms would be adjacent to the BNSF main line to provide stops in Fort Collins, Loveland, Longmont, Boulder, Louisville, Broomfield, Westminster and Denver's Union Station. "None of our passenger trains are passing each other," said Lisa Kaufmann, senior strategic advisor to Gov. Jared Polis. "If you have passenger trains passing each other in addition to the freight trains on the line, that would drive the need for additional siding and for additional infrastructure investments." This starter service, also referred to as joint service, can be done with existing funding, the rail district has said. But voters would need to approve a new sales tax to fund extension from Denver to Pueblo and increase the number of daily trips. How will the rail line be funded? Current estimates to build and run the line come to $333 million in one-time costs, plus $30 million or more in annual operating costs, according to a presentation from Kaufmann. That's down from previous estimates, which expected a range of $650 million to almost $900 million. The state would cover 53% of the one-time costs through the Colorado Transportation Investment Office, or CTIO, within the Colorado Department of Transportation. RTD would cover the remaining $156 million. Its FasTracks savings account has $190 million, but RTD might finance the cost instead. RTD and CTIO would share operating costs with CDOT's Clean Transit Enterprise, about $10 million to $12 million each every year. Cost estimates will change as future steps progress, Kaufmann said. What's next? The governing boards need to approve the access agreement with BNSF, which could be final by June. Then the boards need to appropriate money for the design phase. The district will also negotiate with Amtrak to determine annual costs. Construction would begin in 2027 and wrap up in time for a completion in January 2029, a "very ambitious goal," Kaufmann said.

American-Rails.com
Apr 10th, 2026
BNSF, Metra reach new 10-year passenger service agreement.

BNSF, Metra reach new 10-year passenger service agreement. Published: April 10, 2026 In a significant development for commuter rail in the Chicago region, BNSF Railway and Metra have reached a new long-term agreement that will extend passenger service on the busy BNSF Line for another decade. Announced on April 9, the deal renews one of the nation's most enduring freight-passenger partnerships, ensuring continued operations along Metra's busiest commuter corridor between Chicago and Aurora, Illinois. Metra MP36PH-3S #406 pauses with a westbound train at Tinley Park on January 18, 2009. Doug Kroll photo. Agreement details. Under the terms of the new contract, the agreement is structured as an initial five-year term beginning April 1, 2026, followed by an automatic five-year extension, creating a total potential duration of 10 years unless either party opts out. The arrangement maintains the long-standing "purchase-of-service" model in which BNSF owns and dispatches the line while operating trains with its own crews, and Metra provides equipment and oversees passenger service. Service will continue to run seven days a week, preserving a vital transportation link for tens of thousands of daily commuters traveling between downtown Chicago and its western suburbs. BNSF ES44AC #5923 at Kansas City on September 23, 2006. Warren Calloway photo. A historic partnership continues. The agreement underscores a relationship dating back more than four decades. Since Metra's creation in 1983, BNSF (and its predecessor Burlington Northern) has operated commuter trains on what is now known as the BNSF Line. Metra CEO Jim Derwinski emphasized the importance of this collaboration, noting that both organizations have worked together for decades to deliver "safe, reliable, fast, and affordable service" to communities along the route. BNSF officials likewise highlighted the broader significance of passenger rail within their network, pointing to its role in connecting people to jobs and opportunities while complementing freight operations. Importance of the BNSF Line. The BNSF Line is widely regarded as the backbone of Metra's system: * It is Metra's busiest route, carrying the highest ridership in the network. * The corridor links Chicago Union Station with major suburban communities such as Naperville and Aurora. * It remains one of the few U.S. commuter lines still operated by a Class I freight railroad under contract. This unique arrangement reflects a broader trend in American railroading, where commuter agencies often rely on freight railroads for access, dispatching, and operations on shared infrastructure. Broader implications. The new agreement provides long-term stability for both organizations and the riders who depend on the line daily. By locking in terms for up to a decade, the contract: * Ensures continuity of operations on a critical regional transportation artery * Reinforces cooperation between freight and passenger rail sectors * Provides a framework for future service improvements and reliability enhancements At a time when many commuter agencies face funding and operational challenges, the BNSF-Metra agreement stands as an example of sustained collaboration in a complex, shared-use rail environment. With the agreement now in place, both BNSF and Metra are positioned to continue refining service on one of the nation's most heavily used commuter rail corridors. As Chicago's metropolitan region continues to grow, the BNSF Line will remain a cornerstone of daily mobility - supported by a partnership that has now been secured for another decade.

Railway Age
Mar 31st, 2026
Class I briefs: CSX, BNSF, UP.

Class I briefs: CSX, BNSF, UP. CSX opens the TRANSFLO Petersburg Terminal in Virginia. Also, BNSF earns a Building Together Award from Economic Development Corporation of Utah; and Union Pacific's (UP) Engineering team creates a digital twin of Big Boy No. 4014. CSX on March 30 launched the TRANSFLO Petersburg Terminal. Located in Petersburg, Va., the facility "reflects our commitment to delivering the benefits of rail transport with efficient transloading and maximized throughput," according to the Class I railroad, which also operates a terminal in Richmond, Va., in addition to terminals in Tennessee, South Carolina, Quebec, Pennsylvania, Ohio, North Carolina, New York, New Jersey, Michigan, Massachusetts, Maryland, Maine, Louisiana, Kentucky, Indiana, Georgia, Florida, Delaware, Connecticut, and Alabama. The new Petersburg terminal at 3500 Halifax Road features: * 40 car spots. * LPG capability. * Conveyor capacity. * Access to major highways I-95, I-85, and US-460. Further reading: The Economic Development Corporation of Utah (EDCUtah) recently recognized BNSF with its Building Together Award, which is described as a "traveling trophy" celebrating organizations "making a meaningful impact on Utah's economic prosperity." "BNSF plays a critical role in keeping Utah and the broader region connected to national and global markets," UDCUtah reported via social media. "Their expansive rail network supports key industries across the state, from manufacturing and energy to agriculture and consumer goods, ensuring efficient and reliable movement of freight that strengthens economic growth." According to EDCUtah, BNSF "continues to stand out as a strong partner in economic development," as its "collaboration helps to deliver the logistics solutions companies depend on when choosing where to grow." "BNSF is honored to receive this year's Building Together Award from EDCUtah, and proud to play a role in Utah's economic development!" the railroad reported via social media. "We look forward to continuing to support Utah industries and growing alongside them while delivering the freight that keeps the state on the move." A team of UP engineers utilized specialized photographic equipment last year to capture millions of data points from every angle of Big Boy 4014, the world's largest operating steam locomotive, "to create a highly accurate, high-resolution 3D digital model," the Class I railroad reported March 30. (Watch video above.) The model, it said, has been used to evaluate routes on the eastern rail network, where infrastructure can vary and where Big Boy is traveling for the first time, starting May 25, in honor of America's 250th birthday, according to UP. The Big Boy on March 29 left Cheyenne, Wyo., to embark on the first leg of its coast-to-coast tour, making stops in California, Nevada, Utah, and Wyoming, with public display days planned in Roseville, Calif., and Ogden, Utah. It will return to Wyoming on April 24. (See map below.) The second tour leg, to the East, will include display days in Omaha, Neb.; Chicago, Ill.; Buffalo, N.Y.; and Scranton, Pa., before Big Boy's arrival in Philadelphia for Independence Day. Additional display days are anticipated in Altoona, Pa., and St. Louis and Kansas City, Mo., before the tour concludes July 29. "This is a great example of how we utilize modern tech tools to enhance safety around a 1940s-era steam locomotive," said Timothy Boland, Senior Manager-Engineering Infrastructure at UP. "The level of detail we're getting allows us to validate measurements, understand how the locomotive behaves on curves, and make informed decisions before the engine ever touches the track." "It's another great step toward efficient planning that provides valuable data faster and helps us share the Big Boy with the public, safely and seamlessly," said Ed Dickens Jr., Senior Manager-Heritage Operations at UP. ALCO manufactured 25 Big Boys for UP, 20 in 1941 and five in 1944, to haul heavy freight during World War II. They saw service until their fires were dropped for the last time in 1961. Eight survived. UP re-acquired No. 4014 in 2013 from the RailGiants Museum in Pomona, Calif., and meticulously restored her to operating condition. No. 4014 returned to service in 2019 and is the only functioning Big Boy. In 1941, Railway Age reported on its debut with an extensive technical article (download below).

Railway Age
Mar 27th, 2026
BNSF customers invest more than $5.3B in 2025.

BNSF customers invest more than $5.3B in 2025. BNSF on March 26 announced that its customers have invested more than $5.3 billion in 2025, completing 117 rail-served projects, the highest number closed in the last six years, according to the Class I. According to BNSF, these projects created more than 1,200 jobs across industrial, agricultural and consumer markets while "expanding production capacity, strengthening supply chains and supporting long-term economic growth." Notable projects completed in 2025 include U.S. Steel and South Dakota Soybean Processors. In addition to strong customer investment activity, BNSF recently welcomed a new Certified Site near Mobile, Ala., the first BNSF Certified Site to be served by a BNSF Shortline Select(TM) Partner, Genesee & Wyoming's (G&W) Alabama & Gulf Coast Railway (AGR). The announcements, the Class I says, "further magnify BNSF's commitment to growth through strategic partnerships." "The record number of projects completed in 2025 reflects strong customer investment and continued confidence in rail-supported growth," said BNSF Executive Vice President and Chief Marketing Officer Tom Williams. "At the same time, expanding our portfolio of rail-ready sites strengthens the pipeline for future development, helping customers access markets, expand operations and execute long-term growth strategies with greater certainty."

Recently Posted Jobs

Sign up to get curated job recommendations

There are no jobs for BNSF Railway right now.

Find jobs on Simplify and start your career today

We update BNSF Railway's jobs every few hours, so check again soon! Browse all jobs →