Mar 16, 2015

BNSF: Determined Not to Disappoint

CEO Carl Ice reassures NGFA annual meeting attendees in San Antonio, TX

​"We disappointed, but we're going to do better. In fact, we already are."

That was the key message from Carl Ice, president and chief executive officer of BNSF Railway as he addressed the more than 600 members of the National Feed & Grain Association meeting at their 119th annual convention in San Antonio, Texas.

Ice reiterated what has recently been reported in Feed & Grain; that is, that the company introduced a $5 billion capital investment plan for 2014 that added more than 5,000 employees, 500 locomotives and 5,000 freight cars plus overall infrastructure improvements.

While the NGFA audience was understandably focused on the oil vs. grain capacity issues, Ice noted that BNSF measures 22 business segments, and in 2014, 19 of those segments were up. Domestic intermodal is the largest segment, at all-time records.

As such, Ice talked about investments that benefit the entire system, rather than targeting any particular segment. Overall capital investments for 2015 will approach $6 billon and include a new-generation signal system.

"Generally, our railroad is in the best shape it's ever been, as it should be," he said.

Ice also noted how unique it is to address an organization marking its 119th anniversary. "What's even more impressive," he noted, "is that our company and the ag industry have been working together since the 1850s."

Recently Added to Buyer's Guide

Ribbon Blenders

  • 5-cubic-foot unit features special three-piece grate designed with angled and pitched profile
  • All three sections of the grating have position sensors which interlock with the control panel, ensuring operator safety while running

Infinifeed Loop

  • Continuous feed loop system
  • Capacities available up to 1,800 bushels/hour

Loop Conveyor System

  • Can be used to fill and empty grain bins and flat storage structures or applied to feed processing and other conveying applications
  • Available in 8-, 10- and 12-inch diameters with capacities up to 10,000 bushels/hour

BioShield

  • 5-minute ELISA testing kit
  • Use a common extraction protocol for ease of use

Q-Sage Air Screen Cleaners

  • Separates grain by length and size to specifications
  • Numerous flow patterns available to accommodate each unique product and processing need

Vertical Blender

  • For reliable, gentle mixing of friable solids, abrasive materials and shear-sensitive products
  • For processing large volumes where floor space is limited

Magazine

Marketwatch: Aug, 18

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US Soybean Price Idx: ZSPAUS.CM

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