Hints and tips:
...The parent company of Mexican rail company Ferromex, Grupo México, declined to comment....
...The American Petroleum Institute, the country’s main oil lobby group, said railways informed energy companies last week that hazardous materials shipments would be curtailed to clear tracks ahead of a potential...
...The average employee at a large freight railroad earned $87,100 in wages and $38,300 of fringe benefits in 2017, according to the Association of American Railroads....
...A model railway represents the Burlington Northern Santa Fe network. Sadly, there are no discounts on NetJets, the pay-per-flight private aircraft operator....
...“Norfolk Southern is now the outlier,” Mr Hatch says of how the company has suffered compared with others....
...The NS bid is CP’s second for another North American railroad under Mr Harrison. The company last October approached CSX but was rebuffed. ....
...The secondary market for shuttle trains on the Burlington North Santa Fe and Union Pacific railways, which dart between the western farm belt and grain customers, illustrates the situation....
...Its operating margin has gone from 10 to 30 per cent, as the company has squeezed labour and other costs....
...Warren Buffett’s Burlington Northern Santa Fe railroad, operator of the US’s second-biggest rail network, will be the only freight operator with a significant amount of track using PTC by the December deadline...
...It has started adding a second track to its northern main line across Montana....
...BNSF said that, during 2013, its northern corridor route received more of its $4bn capital spending than any other part of its network, but that the work to install new sidings and second tracks had added...
...The investment guru’s conglomerate, Berkshire Hathaway, runs Burlington Northern, owner of a train carrying crude oil that crashed into a derailed vehicle on Monday night in North Dakota....
...Biggest Deal: The $26.6bn acquisition of US railway Burlington Northern Santa Fe in 2009....
...Gas is making inroads into other sectors such as transport, where companies from Warren Buffett’s railway, BNSF, to UPS and Royal Dutch Shell are substituting liquefied natural gas (LNG) or CNG for diesel...
...US utility companies turned to Powder River Basin coal in the 1970s and 1980s because its low sulphur content helped them meet the era’s strict new energy requirements....
...Musket Corporation’s Fort Worth ethanol facility, served by BNSF a few miles from the Davidson Yard, illustrates part of the solution to the investment dilemma....
...Rick Webb, chief executive of Watco, owner of several shortlines, said the company was “blessed” to own energy-linked operations including the Yellowstone Valley railway in the Bakken region....
...Resistance from native Americans had been largely broken and settlers from other parts of America poured in, seeking quick fortunes....
...It has better access to the main shale oil source – the Bakken oilfields of North Dakota – than any other railway except Burlington, Northern and Santa Fe, operator of the US’s second-largest rail network...
...BNSF: $16.8bn The Burlington Northern and Santa Fe is currently most famous for being owned by Berkshire Hathaway, Warren Buffett’s investment vehicle, which bought it in 2009....
...Warren Buffett’s Berkshire Hathaway took over Burlington Northern and Santa Fe in 2009....
...This rise was bolstered by landmark transactions in the US, including the $3.7bn purchase of Continental Airlines by United Airlines Corporation, and the £36.7bn acquisition of the Burlington Northern Santa...
...From its Omaha headquarters, Berkshire controls more than 70 distinct businesses including Burlington Northern Santa Fe, the railway group; Geico, the car insurance company; and Borsheims, the Nebraska-based...
...Another $8bn is earmarked for Burlington Northern Santa Fe, the US railway it agreed to buy last year in the biggest deal of Mr Buffett’s career....
...Rose, Burlington Northern Santa Fe chairman, president and chief executive officer....
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