FORT WORTH, Texas -- BNSF Railway said it will no longer own highway trailers, according to this report published by the Journal of Commerce Online.
On Friday (July 8), the Fort Worth-based operator announced it will phase out rail-controlled trailers after the 2006 fall peak season instead of by mid-2006 as originally planned to provide shippers more time to adjust to the change.
As part of the plan, BNSF will transition the trailers back to leasing companies. Some trailers will be transitioned to private ownership by July 15; other transition dates will be announced in early 2006.
Exiting the rail-controlled trailer business will enable BNSF to focus on its core line-haul service, according to a marketing bulletin.
(The preceding report was published by the Journal of Commerce Online on Monday, July 11, 2005.)