Hints and tips:
...According to an interview he gave to trade publication Trucks.com in 2019, his father was a manager at the Union Pacific railroad, and his mother died of cancer when he was a teenager....
...At Union Pacific, the largest listed railroad company, frac sand accounts for 5 per cent of revenue, according to Bernstein Research....
...People who view stocks of railways, trucking companies and airlines as a barometer for equities investment have taken notice....
...Railroads compete strongly against trucking companies, which labour with higher fuel and labour costs....
...Union Pacific and Norfolk Southern rose 3.8 per cent, while Canadian Pacific gained 3.1 per cent and CSX was up 2.2 per cent. The companies being targeted by Berkshire have not been identified....
...B is a great backdoor way to play the current railroad boom that guys such as Warren Buffett have been predicting with his purchase of companies such as Union Pacific and Burlington Northern....
International Edition