Considered by many to be the main artery of Memphis’ robust logistical and distribution network, the Lamar Avenue Corridor has long been clogged by its own narrow lanes and outdated capacity. 

2. Power of the Mighty Mississippi Rushes Below Big River Crossing - Wednesday, September 28, 2016

Autumn is a few days late in arriving, but just in time for a stepped-up schedule of tours of the Big River Crossing this week.

The bicycle and pedestrian boardwalk on the northern side of the Harahan Bridge opens to the public Oct. 22.

3. West Coast Strife Persists and Local Impact Remains Elusive - Saturday, December 6, 2014

Labor strife on West Coast docks isn't going to steal Christmas in Memphis, but it is having an impact locally, according to industry officials. But just how deep that impact cuts remains to be seen.

4. Roxul Opening 17 Years in Making - Friday, September 26, 2014

U.S Sen. Roger Wicker of Mississippi searched the 1997 Congressional Record this week before he arrived in Marshall County for the formal opening of the Roxul Inc. plant.

5. City Council Approves Hickory Hill Intermodal Yard - Saturday, February 23, 2013

The Memphis City Council approved Tuesday, Feb. 19, a 30-acre intermodal container yard in Hickory Hill for the storage of the containers by The Marino Group/Container Maintenance Corp., which is working with Chism-Hardy Enterprises LLC on the new facility that will employ 94 people.

6. City Council Approves Hickory Hill Intermodal Yard - Thursday, February 21, 2013

The Memphis City Council approved Tuesday, Feb. 19, a 30-acre intermodal container yard in Hickory Hill for the storage of the containers by The Marino Group/Container Maintenance Corp., which is working with Chism-Hardy Enterprises LLC on the new facility that will employ 94 people.

7. Buffett Says Investors Shouldn’t Act on Headlines - Tuesday, May 8, 2012

OMAHA, Neb. (AP) — Billionaire Warren Buffett said Monday that Europe will have a hard time resolving its fiscal problems because of the structure of the European Union and this weekend’s election results in Greece and France.

8. Railroads Avert Looming Strike - Monday, December 5, 2011

NEW YORK (AP) – Railroads have cleared a major hurdle as the industry averted a looming strike, paving the way for growth ahead, analysts said Friday.

The freight rail industry announced late Thursday it has settled labor disputes with two unions and agreed to extend talks with a third. Without the agreements, the railway unions could have launched a strike as early as Tuesday, when a federal "cooling off" period was set to expire. The agreements came just hours after Republican House leaders said they would move to vote Friday on emergency legislation to prevent a work stoppage.

9. Railroads Avert Looming Strike - Friday, December 2, 2011

NEW YORK (AP) – Railroads have cleared a major hurdle as the industry averted a looming strike, paving the way for growth ahead, analysts said Friday.

The freight rail industry announced late Thursday it has settled labor disputes with two unions and agreed to extend talks with a third. Without the agreements, the railway unions could have launched a strike as early as Tuesday, when a federal "cooling off" period was set to expire. The agreements came just hours after Republican House leaders said they would move to vote Friday on emergency legislation to prevent a work stoppage.

10. Buffett: European Concerns, US Housing Woes Linger - Tuesday, November 15, 2011

OMAHA, Neb. (AP) – Billionaire investor Warren Buffett says Europe’s debt concerns and the anemic U.S. home construction business will continue to hurt the economy even though many businesses are performing well.

11. Berkshire Units Spent More Than $2M on Q2 Lobbying - Tuesday, August 23, 2011

OMAHA, Neb. (AP) – Some of Berkshire Hathaway's biggest subsidiaries continue to spend substantial amounts of money to influence the federal government, even though their parent company run by Warren Buffett doesn't report any lobbying.

12. Buffett Predicts Job Growth When Housing Rebounds - Monday, July 11, 2011

OMAHA, Neb. (AP) – Billionaire investor Warren Buffett said Friday the nation's employment picture will improve significantly once residential housing construction rebounds.

Buffett spoke to Bloomberg Television Friday morning as the Labor Department released a weaker-than-expected monthly jobs report. He said the report shows the economy is still a long way off from where it should be, but Buffett remains optimistic about the recovery and sees no danger of a second recession.

13. Trinity Place Sells For Third Time In Five Years - Friday, July 8, 2011

A Cordova retail center is under new ownership for the third time in five years. Atlanta-based Altus Real Estate Advisors LLC has purchased Trinity Place, 7990 Trinity Road, for $2.8 million.

14. Freight Railroads Deny Price-Fixing Accusations - Thursday, June 9, 2011

OMAHA, Neb. (AP) – Union Pacific and Burlington Northern Santa Fe are defending their pricing practices after Oxbow Mining filed a federal lawsuit against the freight railroads.

Fort Worth, Texas-based BNSF is a Class I railroad that operates the Tennessee Yard intermodal facility at Lamar Avenue and Shelby Drive.

15. Oxbow Mining Accuses Railroads of Price Fixing - Wednesday, June 8, 2011

OMAHA, Neb. (AP) – Oxbow Mining says the Union Pacific and Burlington Northern Santa Fe railroads conspired to raise prices on customers like the Colorado coal mine Oxbow runs.

Forth Worth, Texas-based BNSF also operates the Tennessee Yard intermodal facility at Lamar Avenue and Shelby Drive

16. Warren Buffett Says Economy Keeps Improving Slowly - Thursday, March 3, 2011

OMAHA, Neb. (AP) – Billionaire Warren Buffett said Wednesday the U.S. economy continues to improve and doesn't need as much government help as it is currently getting.

Buffett appeared Wednesday on CNBC four days after releasing his annual letter to Berkshire Hathaway Inc. shareholders and discussing his insatiable appetite for big acquisitions like last year's purchase of the Burlington Northern Santa Fe railroad.

17. Norfolk Yard Finally Set to Commence - Wednesday, January 5, 2011

Norfolk Southern Corp. has a busy year ahead as it finally begins preparations for a $112 million project that will create jobs, increase rail capacity and reduce highway traffic congestion in the Memphis area.

18. Congress to Examine Trickle Down of Rail Rates - Thursday, September 16, 2010

NEW YORK (AP) – Congress is taking a closer look at the growing profits of the nation's railroads and the price hikes for their customers that may trickle down to consumers.

In a report released Wednesday, the Senate Commerce Committee says higher rates for rail transportation are putting undue pressure on customers who don't have an alternative way to ship their goods. Those customers, called captive shippers, are mostly electric utilities, chemical and agricultural companies. Higher transportation rates for them can mean higher energy and grocery bills for consumers.

19. Burlington Shareholders Approve Sale to Berkshire - Friday, February 12, 2010

NEW YORK (AP) - Burlington Northern Santa Fe Corp. shareholders have approved the railroad's sale to Warren Buffett's Berkshire Hathaway, paving the way for the Oracle of Omaha to complete his biggest acquisition yet.

20. Buffett’s Berkshire Secures $8B Loan for BNSF Deal - Monday, November 23, 2009

Warren Buffett’s company has lined up an $8 billion loan to help pay for its $26.3 billion acquisition of Burlington Northern Santa Fe Corp.

21. Fitch Reviews Whether to Cut Berkshire Rating - Friday, November 6, 2009

CHICAGO (AP) - Fitch Ratings warned Thursday that Berkshire Hathaway Inc.'s deal for Burlington Northern Santa Fe Corp. could overexpose Warren Buffett's company to weaknesses in the economy at the expense of its more durable investments.

22. Buffett’s Berkshire Buying Burlington Northern - Wednesday, November 4, 2009

NEW YORK (AP) – Warren Buffett’s Berkshire Hathaway Inc. on Tuesday agreed to buy Burlington Northern Santa Fe Corp., making a $34 billion bet on the future of the U.S. economy.

23. Nation's Two Biggest Railroads Face More Challenges - Monday, October 26, 2009

HARTFORD, Conn. (AP) - Analysts said Friday that the nation's two largest railroads could face even more difficulty squeezing out profits next year after turning in third-quarter earnings declines.

24. Weekly US Rail Shipments Fall 16.1 Percent - Friday, September 4, 2009

WASHINGTON (AP) - Shipments carried by U.S. railroads fell 16.1 percent last week compared with a year earlier, a major industry trade group reported Thursday.

The Association of American Railroads said freight carried on the tracks for the week ending Aug. 22 totaled 279,478 carloads.

25. Worst of Recession is Over, Norfolk Southern Says - Thursday, July 30, 2009

The last of the major U.S. railroads to report second-quarter earnings agrees with the others: It appears the worst of the recession is over.

But Norfolk Southern Corp. warned Wednesday of an “unstable and uncertain” finish to 2009.

26. Ahead of the Bell: Burlington Northern Santa Fe - Friday, July 24, 2009

NEW YORK (AP) - Analysts expect the second-quarter profit of railroad operator Burlington Northern Santa Fe Corp. to fall from a year ago. They're just not sure how much.

27. Former AT&T CEO to Become New GM Chairman - Wednesday, June 10, 2009

DETROIT (AP) - A former CEO and chairman of telecommunications giant AT&T Inc. will lead General Motors Corp.'s board after the automaker emerges from bankruptcy protection, GM said Tuesday.

28. BNSF CEO Receives Compensation Valued at $14.6M - Wednesday, March 18, 2009

NEW YORK (AP) – The chief executive of the country’s second-largest railroad received total compensation valued at $14.6 million in 2008, a 16 percent increase from the year before, according to a proxy statement filed Monday with the U.S. Securities and Exchange Commission.

29. Burlington Northern Spent $1.5M Lobbying in Q4 - Monday, March 2, 2009

WASHINGTON (AP) - BNSF Railway Co., the nation's second-largest freight railroad, spent nearly $1.5 million in the fourth quarter to lobby on antitrust protection and other issues, according to a recent disclosure report.

30. Weekly US Rail Shipments Fall 14.2 Percent - Friday, February 27, 2009

WASHINGTON (AP) - The railroad industry says last week's U.S. shipments sank 14.2 percent compared with a year earlier.

The Association of American Railroads said Thursday that freight for week ended February 21 totaled 278,827 carloads.

31. Berkshire Buys 2.3M Shares of BNSF - Wednesday, February 4, 2009

Billionaire investor Warren Buffett’s company has bought an additional 2.3 million shares of Burlington Northern Santa Fe Corp. stock, increasing its stake to more than 76 million shares.

32. Weekly US Rail Shipments Continue to Plunge - Friday, December 19, 2008

WASHINGTON (AP) - Shipments carried by U.S. railroads sank for a third straight week last week amid deteriorating economic conditions, a major industry trade group reported Thursday.

The Association of American Railroads said freight carried on the tracks for the week ending Dec. 13 totaled 292,434 carloads, down 9.3 percent from the year-earlier period. Shipments fell 8.5 percent a week ago, and 10.1 percent the week before.

33. Buffett's Company Buys More BNSF Shares - Wednesday, December 17, 2008

OMAHA, Neb. (AP) - Billionaire investor Warren Buffett's company has bought another 2.2 million shares of Burlington Northern Santa Fe Corp. stock, increasing its stake to more than 70 million shares.

34. Railroad Shipments to Slow, Analyst Predicts - Monday, December 15, 2008

A Goldman Sachs analyst on Friday predicted that North American railroad shipments will continue to slow in 2009, and said historically high shipping prices may not be enough to balance out the shortfall.

35. Berkshire Buys 3.26 Million More BNSF Shares - Friday, December 12, 2008

OMAHA, Neb. (AP) - Billionaire investor Warren Buffett's company bought another 3.26 million shares of Burlington Northern Santa Fe Corp. stock, increasing its stake to 67.9 million shares.

36. Fitch Says Recession Challenges Freight Shippers - Wednesday, December 10, 2008

Fitch Ratings reported Tuesday that 2009 will be more difficult than this year for freight shippers, as the recession drags down the financial performance of trucking and railroad companies.

The credit-rating agency said the large railroads are in better shape to handle the recession because they are coming out of five years of strong growth and enjoy more pricing power.

37. BNSF Drops Planned Fuel Surcharge Change - Thursday, December 4, 2008

FORT WORTH, Texas (AP) - The BNSF Railway Co. said Tuesday it would put off fuel surcharge changes that were planned to take effect beginning next month.

38. Weekly US Rail Shipments Jump, Inflated by Holiday - Friday, November 28, 2008

WASHINGTON (AP) - Shipments carried by U.S. railroads rose 6.6 percent last week, boosted by comparison to a year-ago period slowed down by the Thanksgiving holiday, a major industry trade group reported Wednesday.

39. US Rail Shipments Tumble 9.1 Percent - Friday, November 21, 2008

Shipments carried by U.S. railroads plunged 9.1 percent last week compared to a year earlier, a major industry trade group reported Thursday.

The Association of American Railroads said freight carried on the tracks for the week ending Nov. 15 totaled 309,099 carloads.

40. Business Tennessee Names Donati One of Best Lawyers in State - Thursday, November 20, 2008

Donald Donati, a partner at the Donati Law Firm LLP, recently was honored by Business Tennessee magazine as being one of the “150 Best Lawyers in Tennessee.”

41. DOT Says Freight Activity Gained Slightly in April - Thursday, June 12, 2008

WASHINGTON (AP) - Freight activity edged marginally higher in April and a passenger index also rose, according to government data released Wednesday.

The Transportation Department's Bureau of Transportation Statistics said its freight transportation services index, which measures changes in the output of services by the railroad, air freight and trucking industries, was 109.4 in April, about 0.1 percent higher than the same month last year.

42. DOT Says Freight Activity Fell in March - Friday, May 16, 2008

WASHINGTON (AP) – Freight activity fell in March while a passenger index rose, according to government data.

The Transportation Department’s Bureau of Transportation Statistics has said its freight transportation services index, which measures changes in the output of services by the railroad, air freight and trucking industries, was 109.4 in March, 0.4 percent lower than the same month last year.

43. 2007 Freight Activity Down,DOT Says - Thursday, February 14, 2008
     Freight activity fell in 2007 for the second straight year, while a passenger index rose, according to government data released Wednesday.
     The Transportation Department's Bureau of Trans

44. Scalia Follows Ginsburg's Lead With Dec. Visit - Tuesday, October 9, 2007

A little more than a year after one of his closest friends on the U.S. Supreme Court flew to Memphis to address a gathering of legal professionals, Justice Antonin Scalia is coming to town to do the same.

45. Gerard Appointed to Statewide Post - Wednesday, April 4, 2007

Dr. Dava F. Gerard, a certified physician executive and administrator at the Methodist Healthcare Cancer Center, has been appointed West Tennessee Chair for the State of Tennessee Comprehensive Cancer Control Plan. Gerard also was appointed to Tennessee's Office of Cancer Surveillance.

46. Gerard Appointed to Statewide Post - Wednesday, April 4, 2007

Dr. Dava F. Gerard, a certified physician executive and administrator at the Methodist Healthcare Cancer Center, has been appointed West Tennessee Chair for the State of Tennessee Comprehensive Cancer Control Plan. Gerard also was appointed to Tennessee's Office of Cancer Surveillance.

47. BNSF Announces $1 Billion inInvestments, Nearly 4,000 Jobs - Wednesday, March 14, 2007
     Economic development efforts of BNSF Railway Co. were instrumental in the location of 107 new or expanded facilities during 2006 in the areas served by the railway, the company announced this week.
   

48. Job Growth Offsets Cuts in Local Market - Thursday, December 22, 2005

With the most recent state and county unemployment rates hovering at nearly 6 percent - about 1 percent ahead of the national average - local companies and workers are experiencing tumultuous times that might not even out for years, experts said.

49. BNSF Moves on Expansion Plans - Wednesday, August 24, 2005

Memphis, already firm in its status as a national transportation hub, is on the verge of another major transport industry development. Burlington Northern Santa Fe is moving forward with a planned expansion of its railway facility at Shelby Drive and Lamar Avenue.

50. BNSF Buys Cargill Site as Part of Expansion - Tuesday, August 23, 2005

4943 Stepherson Road
Memphis, TN 38118
Cost: $16 million

Buyer: BNSF Railway Co.

Lender: Cargill Inc.

51. Archived Article: Daily Digest - Thursday, January 20, 2005
Rockyford Property

Rockyford Property

Financed for $5.8 Million

First Capital Investments LLC has financed three parcels including 12.63 acres near Rockyford Road for $5.8 million, according to The Daily News Public Records Database, www.me...

52. Archived Article: Daily Digest - Thursday, November 18, 2004
Burlington Northern

Burlington Northern

Buys Lamar Property

The Burlington Northern and Santa Fe Railway Co. has purchased two acres at 4770 Lamar Ave. for $1.3 million, according to The Daily News Public Records Database, www.memphisdailyn...

53. Archived Article: Job Growth (lead) - Monday, August 30, 2004
Memphis has fared well job-market wise when compared to other cities, cities that economists compare Memphis against when exam

Memphis Adds Jobs in Sluggish Economy

Job market still experiencing some weakness overall

ROSALIND GUY

The Dai...

54. Archived Article: Holmes (lead) - Thursday, April 22, 2004
Its gong to be used for bus expansion

Intermodal Cartage Buys Land for Expansion

Road improvements under way in area of industrial growth

ANDREW BELL

The Daily News

A Memphis-based intermodal transportation services company has purcha...

55. Archived Article: Daily Digest - Wednesday, March 24, 2004
Home Sales See

BNSF Picks Memphis

for Expansion Plans
The Burlington Northern and Santa Fe Railway Co. has announced plans to expand its Tennessee Yard, an intermodal facility located at Shelby Drive and Lamar Avenue. The expansion projec...

56. Archived Article: Daily Digest - Tuesday, March 16, 2004
St

St. Louis Firm

Buys Kele Cos.

St. Louis-based private equity fund Thompson Street Capital Partners announced it has acquired Memphis-based Kele Cos. Financial terms were not disclosed. Kele manufactures and supplies peripheral control pr...

57. Archived Article: Marketplace - Monday, October 22, 2001
Distribution slowdown due to economy, not air traffic deceleration

Distribution slowdown related to economy, not air traffic deceleration

By SUE PEASE

The Daily News

With the economy in a definite holding pattern, the Memphis area and it...

58. Archived Article: Rr P.2 - Monday, October 23, 2000
Railroads join forces to create Railroads join forces to create Canadian, Southwest route Canadian National Railway Co. has implemented a service agreement with The Burlington Northern and Santa Fe Railway Co. to create a seamless bimodal RoadRailer...

59. Archived Article: Benchmark - Thursday, January 13, 2000
CN, BNSF registration statement filed CN, BNSF files registration statement with Securities and Exchange Commission Canadian National Railway Co. and Burlington Northern Santa Fe Corp. said a registration statement related to securities to be issued...

60. Archived Article: Superterminal Lj - Thursday, October 29, 1998
By LAURIE JOHNSON Super Terminal ready for railroad agreements By LAURIE JOHNSON The Daily News After almost three years on the drawing board, Memphis proposed Super Terminal intermodal yard may be ready to make the leap from dream to reality. Agree...