Hints and tips:
...Union Pacific and BNSF — a division of Warren Buffett’s Berkshire Hathaway — were the two US railroads most directly affected by the closures, the association said....
...Commuter rail systems in Chicago, northern Virginia and southern California also said they would suspend their service during a freight rail strike....
...BNSF and Union Pacific, two of the biggest operators in North America, reported record profits in 2021....
...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....
...Some shareholders said they were disappointed by the answers Abel offered to the questions directed his way, including over why the performance of Burlington Northern Railroad, which he oversees, had lagged...
...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...
...In 2009 Berkshire announced the acquisition of railroad company Burlington Northern Santa Fe for $44bn including debt. The deal was paid with 60 per cent cash and 40 per cent Berkshire shares....
...That decline more than offset the improvement in underlying earnings at Berkshire, which owns railroad Burlington Northern Santa Fe, insurer Geico and chocolate maker See’s Candies....
...One outlier is BNSF, a subsidiary of Warren Buffett’s Berkshire Hathaway....
...BNSF’s intermodal volumes fell 5.7 per cent for the week ended February 22, compared to a year earlier....
...Core businesses of the conglomerate like Geico insurance, the BNSF railroad and the industrials unit that includes Precision Castparts performed solidly in the quarter, each reporting earnings and revenue...
...The stock purchase has made Pershing one of the 50 largest holders of class B Berkshire shares, alongside the California State Teachers Retirement System pension fund and asset manager Northern Trust Global...
...Sales at one of its largest units, the BNSF railroad, rose 2.5 per cent to just under $6bn....
...Berkshire’s ownership of Northern Powergrid, which distributes electricity to homes and businesses in the north-east of England, has worked out better....
...Earnings and revenues climbed across the $509bn conglomerate, with BNSF benefiting from a strong US economy and a lower tax rate....
...The company also saw stronger revenues across a swath of its businesses — including its BNSF railroad, Marmon industrial unit and Clayton Homes house building division — reflecting broader demand and the...
...Mr Wan will surely approve of my winner, a BNSF railway executive who told a conference: “We move stuff from one place to another.”...
...The turn higher comes after Mr Buffett said in an interview with CNBC that he “wouldn’t rule out owning an entire airline”, the way that Berkshire went from owning a stake in railroad BNSF to buying the...
...“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...
...Matt Rose, of Burlington Northern Santa Fe, owned by Warren Buffett’s Berkshire Hathaway, said that BNSF would expect to be involved in any such wave of consolidation....
...of deferred taxes reported by Berkshire for the end of 2014 is more than five times the level of a decade ago, following Mr Buffett’s move into more capital intensive businesses, with the acquisition of BNSF...
...A series of mergers in the 1990s left just Union Pacific and Burlington Northern Santa Fe in the western US; Norfolk Southern and CSX in the eastern US; CP and Canadian National in Canada; and Kansas City...
...Maersk said that all services to and from Houston by BNSF, operator of the US’s second-biggest rail network, had been suspended because of flooding....
...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....
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