Berkshire Hathaway

BNSF earnings grew this quarter due to more shipments and higher fees, parent company Berkshire Hathaway reported.

BNSF Railway saw first-quarter profits strengthen on higher freight volume and more efficient operations.

Berkshire Hathaway’s year-end financial report revealed a challenging year for Pilot.

New Berkshire Hathaway CEO Greg Abel said that BNSF Railway must reduce its operating-ratio gap with other Class I railroads.

Collaboration has been driving recent success for U.S. railroads, according to BNSF, and controversial plans for a transcontinental merger are unlikely to benefit shippers, or the rail industry. 

BNSF Railway revenue and profits saw sequential gains for the third quarter and nine months.

Canadian Pacific Kansas City CEO Keith Creel again said his company would pursue alliances rather than near-term consolidation.

Investor Warren Buffett said BNSF parent Berkshire Hathaway won’t bid for Norfolk Southern or CSX. 

Goldman Sachs is advising BNSF Railway on a possible merger, according to a published report, just days after news broke of talks between Union Pacific and Norfolk Southern.

Pilot Travel Centers got a two-notch upward bump in its debt rating from  Moody’s.

Internal email reveals $105 million in maintenance cutbacks at BNSF that could lead to service disruptions.

When Berkshire Hathaway bought the last 20% of Pilot Travel Centers, the deal valued the chain at significantly less than just a year earlier.

The Haslam family has exercised its option to have Berkshire Hathaway buy the final 20% of Pilot Travel Centers it did not already own.

Berkshire Hathaway and the former owners of Pilot Travel Centers have settled their legal differences on the day trial was set to begin.

The upcoming trial between the Haslam family and Berkshire Hathaway will see some limits on discussing a contentious issue.

A Berkshire lawsuit against Pilot’s founding family over payments made to company executives won’t be heard alongside another case.

The Pilot vs. Berkshire lawsuit in Delaware has gotten personal, with the recent Pilot chairman accused of secret payments to benefit a sales price.

Uber Freight has more than 100 shipper companies lined up to run autonomous freight, but the capacity just doesn’t exist yet.

The family who founded Pilot Travel Centers and sold 80% of it to Berkshire Hathaway has filed suit over valuing the final 20%.

Pilot Travel Centers has been forced to shut 19 of its outlets due to the liquidation of those sites’ operator, Mountain Express.