Hints and tips:
...US Customs and Border Protection on Monday closed railway bridges at the cities of Eagle Pass and El Paso, Texas, which respectively rank as the second and fourth busiest freight rail crossings with Mexico...
...Berkshire’s BNSF Railway, which runs from California to Illinois, reported a decline in shipping revenues and said consumer and industry demand had fallen....
...They include employees of the largest carriers in North America, such as Union Pacific, CSX and BNSF, a business owned by Warren Buffett’s Berkshire Hathaway....
...As it stands, there are two competing big operators in Canada (CP and Canadian National), CSX and Norfolk Southern in the eastern US and Union Pacific and BNSF in the west....
...Instead, Buffett directed Berkshire to pump much of the cash that the company’s various businesses — which span insurer Geico, BNSF Railway and the Dairy Queen ice cream chain — were generating in 2020 and...
...The gains were propelled by strong results from its BNSF Railway and the string of electric utilities it owns....
...Of particular note is the great work by BNSF and Union Pacific, which have reduced the rail backlog in half in the last month and by two-thirds over the last two months....
...It also owns a 50 per cent stake in the Panama Canal Railway Company....
...The nomination of Olsovsky, who also worked at BNSF Railway in the past, comes a week after CN’s chief executive Jean-Jacques Ruest said he would step down after pressure from UK hedge fund manager Chris...
...The number of trains moving goods from California’s massive twin ports, Los Angeles and Long Beach, to Chicago has dropped from roughly 50 a week to 25, BNSF Railway’s general manager for the eastern region...
...One outlier is BNSF, a subsidiary of Warren Buffett’s Berkshire Hathaway....
...The company has struggled recently to find what Mr Buffett calls “elephants”, the so-called mammoth deals such as BNSF, the railway, or NV Energy, the electric utility, that formed the core of present-day...
...“The groundwork for this case was set in two previous cases — Daimler AG v Bauman and BNSF Railway Co. v Tyrrell — in which the Supreme Court put limitations on the jurisdictions of state courts,” says Mr...
...But the goal is to be more like the New York Stock Exchange than the BNSF Railway: a dominant marketplace matching human capital (drivers) and physical assets (cars) with those willing to pay for using them...
...So it is with Warren Buffett’s rail operator BNSF, a predictable payer of dividends....
...Mr Wan will surely approve of my winner, a BNSF railway executive who told a conference: “We move stuff from one place to another.”...
...Even so, Mr Buffett is right to prefer US railways to airlines as an investment. By coincidence, Delta matched BNSF, the railroad company owned by Berkshire, on two measures last year....
...He also suggested that BNSF was considering participating in mergers, although the company — like Union Pacific — has stressed it opposes new mergers....
...Investors said that despite a number of bonds issued by Berkshire and subsidiaries such as railway BNSF, a lack of recently issued seven- and 10-year paper complicated their view of how prices compared to...
...railways and a string of US power companies....
...The industry’s current structure — with CSX and NS in the eastern US, Union Pacific and BNSF in the west, CP and Canadian National in Canada and Kansas City Southern operating north-south — is widely regarded...
...NS and CSX dominate the eastern US, Union Pacific and BNSF — part of Warren Buffett’s Berkshire Hathaway — the west and Canadian Pacific and Canadian National Canada and some lines in US....
...railway — until Monday, his largest acquisition....
...Profits at Berkshire Hathaway’s railway operator, BNSF, jumped in the first months of this year, even as it poured money into capital improvements, providing some relief as 40,000 shareholders gathered in...
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