Join The Discussion

 

Residential land at Chisholm Trail Ranch purchased

Stratford Land, Legacy Capital Co. and the Walton Group of Cos. have snapped up 268 acres of residential land at Chisholm Trail Ranch in Fort Worth.

read more >

Fort Worth to consider adopting 15-year Cavile Place redevelopment plan

The 300-unit Cavile Place housing project in Southeast Fort Worth would be razed and replaced in phases, with a significant number of the units redistributed into the neighborhood.

read more >

Fort Worth payment processor acquired by pension plan group

Fort Worth-based First American Payment Systems has been acquired by an investor group led by the Ontario Teachers’ Pension Plan (Teachers’), with participation of members of the First American management team.

read more >

Texas adds 19,100 nonfarm jobs in June; Fort Worth-Arlington jobless rate 5.3 percent

Seven of Texas' 11 major industry segments added jobs in June, the Texas Workforce Commission reported.

read more >

Fort Worth council members approve Cavile Place redevelopment plan

The vote kicks off what officials say will be a 10-15-year implementation.

read more >

 

BNSF plans to add 5,000 workers

BNSF locomotives. Photo courtesy of BNSF

Scott Nishimura
snishimura@bizpress.net

BNSF plans to hire more than 5,000 people this year across its network, including about 2,000 for expansion, the company said Tuesday.

“We see growth,” Carl Ice, the CEO, said in an interview on CNBC.

BNSF handled half of the railroad’s unit growth in 2013. In the fourth quarter, the company saw “surges in our commodity traffic, grain, energy, coal,” he said.

“That did strain our resources,” he said.

As for the winter, he said, “it’s been a very harsh winter. That had a detrimental impact to our customers, but we see broad-based growth. We’ve had several good weeks this year, despite the weather. We see positive momentum now.”

Steven Forsberg, a spokesman for the Fort Worth company said most of the new hires will replace retiring workers.

But 2,000 “will be for expansion to handle traffic growth on our network” he said.

BNSF employs about 3,500 in Fort Worth. Forsberg said he could not provide a projected employment breakdown for Fort Worth or other cities or states in the company’s network.

BNSF in February announced a projected record capital commitment plan of $5 billion for 2014, $1 billion over the capital it spent in 2013.

The capital plan includes $2.3 billion on BNSF’s core network and related assets. BNSF also plans to spend about $1.6 billion on locomotives, freight car, and other equipment.


 

< back

Email   email
hide
Training Camp
Training camp is starting this week. How will the Dallas Cowboys do this season?