Berkshire Hathaway
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FreightWaves Flashback
FreightWaves Classics: Exploring the history of BNSF
BNSF has a long and proud history. This article explores the history of the Burlington Lines (the "B" in BNSF).
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Trucking
Post-pandemic peak, is freight still flowing into cities?
COVID is believed to have accelerated the exodus of people from cities, but new data suggests the long-term impact on freight flows is more nuanced.
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Business
Commentary: A customer checklist for reading railroads’ third-quarter reports
Genuflecting toward Wall Street has symbolically become part of the North American Class 1 rail company culture.
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News
The SPAC train is headed back to space
We discuss Ted Weschler, Berkshire money manager and his move to purchase $45mm of Dillard’s stock. Then, we break down some of the most notable…
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News
Schneider misses the mark to close 2019, but 2020 outlook does not
Schneider National’s fourth quarter suffered from a “muted peak season” and softer rates. However, the carrier’s 2020 outlook calls for improving fundamentals.
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Trucking
Pilot Flying J changes name to capture totality of businesses (with video)
Seeing expansion of the truck stop business as finite, Pilot Flying J is rapidly expanding its energy business. Reflecting that is a name change to…
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Finance
Buffett and Masa: two sides of the same coin?
The owner of BNSF and the investor behind Uber have more in common than it seems.
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Rail
BNSF sees slight uptick in second-quarter revenue
Second quarter revenue for BNSF rose 0.3 percent despite lower volumes for agricultural products, consumer products and industrial products.
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Rail
Warren Buffett open to precision railroading
Berkshire Hathway (NYSE: BRK) chairman and CEO Warren Buffett said he would be willing to consider some form of precision scheduled railroading (PSR) for western…
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Economics
BNSF boosts revenues, lowers OR
A decrease in coal volumes did not slow a revenue rise at BNSF Railway Company, which posted a 16% increase in operating revenues in the…
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