Berkshire Hathaway
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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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Fuel
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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Company earnings
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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Company earnings
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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Company earnings
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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Less than Truckload
XPO makes Fortune Future 50 list; KeepTruckin, Transfix recognized as potential unicorn companies
XPO Logistics was named to the Fortune Future 50 list of U.S. public companies while KeepTruckin and Transfix were both honored by Forbes as two…
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Intermodal
BNSF’s long-serving executive chairman Matthew Rose to retire next April
Long-serving railroad man led BNSF through acquisition by Berkshire Hathaway.
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Air Cargo
Will Berkshire Hathaway buy Southwest Airlines? Morgan Stanley analysts weigh in.
Last week, analysts from Morgan Stanley—Rajeev Lalwani and Kai Pan—released a note listing the compelling reasons Berkshire Hathaway (NYSE: BRK.A) should consider buying Southwest Airlines…
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Company earnings
BNSF’s second quarter OR comes in weakest of the class 1 railroads
The class 1 railroad owned by Berkshire Hathaway had the worst OR of any of the class 1 railroads for the second quarter.
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