Perishables LOGs Auction Beginning February 2, 2015
Extension Option Available to Current Permit Holders
BNSF is pleased to announce that beginning Monday, February 2, 2015, guaranteed equipment and placement of 72-foot refrigerated boxcars will be offered for a 26, 13 and four-week permit through BNSF's Loading Origin Guarantees (LOGs) Program.
In addition, current LOGs permit holders will be offered the option to extend their current permit for three weeks, shifting the expiration date of their current permits from February 8, 2015 to March 1, 2015. No perishable boxcar LOGs auctions will take place for the three shipping weeks of February 9, February 16 and February 23.
BNSF is offering the extension option, and moving the first auction date to February 2, to give customers more time to evaluate LOGs program changes as well as the pricing changes taking effect on March 1.
Below are the key changes to the 2015 perishable boxcar LOGs program:
- The weekly ordering deviation for all permits will change to -20% / +10%. Please note that a reduction of orders below the weekly commitment could result in a penalty being assessed against the LOGs holder at the end of the permit term.
- LOGs customers will be subject to the same pricing as non-LOGs shipments, with the exception of any eligible freight deductions/allowances.
The auctions will be held on Monday, February 2, 2015, and Monday, February 9, 2015 (based on equipment availability) from 10:00 a.m. to 4:00 p.m. CST for 26, 13 and four-week shipping periods beginning March 2, 2015.
For information about the various LOGS applications and how to use the program please review the LOGs quick reference guide.
For further details about the BNSF LOGs Program, please consult Rules Book BNSF-7.
If you have any questions please contact your BNSF Sales Representative or email LOGS.Marketing@bnsf.com.
Your business is important to us. Thank you for choosing BNSF as your transportation service provider.