BNSF Railway slowed by empty coal cars
(Source: MarketWatch, July 17, 2012)
SAN FRANCISCO — Burlington Northern Sante Fe hauls a lot of coal. In fact, electricity flowing to one out of every 10 homes in the United States is generated using coal hauled by Berkshire Hathaway Inc.’s Burlington Northern Santa Fe. And as power plant demand for coal drops in favor of cheaper natural gas, Burlington Northern is seeing a decline in loadings which in turn could drag down Berkshire Hathaway’s results.
Full story: MarketWatch
Wednesday, July 18, 2012
© 1997-2013 Brotherhood of Locomotive Engineers and Trainmen