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Railroads



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3Vote!

Railroads & Windmills: Berkshire's 'Green' Bets (BRK.A)

It's not all green. See last week's " Warren Buffett bets on coal and the economy (BNI; BRK.B) " From the Wall Street Journal: Warren Buffett's blockbuster deal this past week for Burlington Northern Santa Fe Corp. was based partly on the view that railroads are more efficient than trucks when energy prices are high. But another company in Mr. Buffett's portfolio, MidAmerican Energy Holdings...

3Vote!

Betting On US Railroads

Burlington Northern Santa Fe Corporation (NYSE: BNI) is soon to become a member of Berkshire Hathaway. Buffett's Berkshire Hathaway already owned 23 percent of the railroad, and paid a 31 percent premium over the stock price to secure the rest. [More...]

+Vote!

CSXT Continues to Invest in New Technology to Drive Efficiency and a Reduction in Emissions

CHICAGO, Nov. 9 /PRNewswire/ --CSX Transportation (CSXT) continues to invest in technology to make its fleet of more than 4,000 locomotives as efficient as possible. Efficient locomotives, pulling an average of 7 million carloads of freight annually on CSXT, allow freight railroads to be the most environmentally friendly way to move goods over land.

+Vote!

Diversity Careers Magazine Links (October/November 2009)

BDPA members receive a complimentary subscription to the Diversity/Careers in Engineering and Information Technology magazine. This is an invaluable resource for job seekers and anyone looking to advance their STEM career. Here the link to articles from the latest issue: http://diversitycareers.com/articles/pro/09-octnov/article.htm And here are my top picks for articles of interest to IT job seekers....

+Vote!

City Council Members Bought and Paid for On Fahey Street Vote. A Conflict of Interes? - Patrick McPherson

City Council Members Bought and Paid for On Fahey Street Vote. A Conflict of Interest? – Patrick McPherson Could it be possible that the vote on renaming Weber Street to Fahey Street between 10th Street and 17th Street is about more than just honoring former Mayor Mike Fahey only 150 days after he left office? Could it be possible that it is about more than just the mere suggestion of Creighton’s...

+Vote!

U-P train derails near LA's Union Station

A Union Pacific freight train derailed near Union Station today, disrupting commuter rail traffic, officials said.

+Vote!

Thompson House Gardens in Bogart good place for trains and weddings

If Ashford Manor Bed and Breakfast is the gold standard for weddings in Oconee County, then the Thompson House Gardens in Bogart would take the bronze. If you like or do not mind trains (possibly interrupting the ceremony), then it might be the place for you. The parking and the setting leave a little to be desired, but the catering and spacious area worked well for a mid sized audience. I attended...

+Vote!

Norfolk Southern (NSC) Gains 2% Friday And Stock On Investors Observer Momentum List

Norfolk Southern (NYSE: NSC) ended the last trading session at $52.07. So far the stock has hit a 52-week low of $26.69 and 52-week high of $56.18. Norfolk Southern stock has been showing support around 49.81 and resistance in the 53.57 range. Technical indicators for the stock are Bullish and S&P gives NSC a positive 4 STAR (out of 5) buy rating. NSC appears on the Investors Observer Momentum...

3Vote!

China Demand to Help Burlington Northern Santa Fe, Berkshire

By guruek. Satish Jindel, president of SJ Consulting Group, talks with Bloomberg's Matt Miller and Carol Massar about Berkshire Hathaway Inc.'s planned takeover of Burlington Northern Santa Fe Corp. Jindel says that Burlington will benefit from Chinese demand for soybeans and cotton. Read more » »

3Vote!

Thinking Of Itron, EnerNOC And MYR Group As Possible Takeover Candidates

Last week Warren Buffett bought the rest of Burlington Northern Santa Fe (Symbol BNI) in part because of railroads’ inherent ability to transport goods more energy efficiently than trucks. Meanwhile, for a still-to-be-published magazine article, I interviewed a ... [More...]

+Vote!

Southbound CSX intermodal train passing through Brighton Junction. ( Gone / Modernized) Chicago Illinois USA. October 2006.

I took this photo one overcast Autum morning, back in October of 2006. A southbound CSX Transportation Company intermodal container train, is viewed passing through the former Pennsylvania Railroad operated Brighton Junction near South Archer and western Avenues. With the steam era manual semaphore signals that were still in daily operation, Brighton Junction was greatly outdated from a technological...

3Vote!

The Glencoe Metra commuter rail station. Glencoe Illinois USA. August 2006.

I took this photo one afternoon, in August of 2006. Seen here is the former Chicago & NorthWestern Railroad steam era passenger train station in north suburban Glencoe Illinois, Today, this depot is served daily by Chicago's Metra commuter trains operating between Chicago Illinois and Kenosha Wisconsin. This line today is owned by the Union Pacific Railroad, and is known as the Metra . Union Pacific...

5Vote!

Japan on track for Warren Buffettstyle flutter

Warren Buffett's 44bn purchase of the Burlington Northern Santa Fe railway is a classic Berkshire Hathaway acquisition.

3Vote!

TOM SLEE'S UPDATES on Canadian National Railway, Burlington Northern Santa Fe, Potash ...

By Gordon Pape. CN Railway (TSX: CNR, NYSE: CNI) Read more » »

3Vote!

Warren Buffet's Bet on BNSF

by Rafael Recently, Berkshire Hathaway, the company led by renowned investor and industrialist Warren Buffett, announced a takeover bid for the 77% of shares in the Burlington Northern Santa Fe (BNSF) railroad it does not already own. Remarkably, the offer price of $100-a-share is around 30% above that of the share price before it was made. Even though the $44 billion deal is Berkshire Hathaway's biggest-ever,...