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Investor Warren Buffett says BNSF Railway makes $10 million a day

(Source: Washington Post, February 26, 2014)

OMAHA, Neb. -- Berkshire Hathaway Inc. investors will be looking for details of how the conglomerate performed and the best advice CEO Warren Buffett has to offer in his annual letter this Saturday. BNSF Railway is an important contributor to Berkshire’s profits. Buffett said earlier this week that BNSF is earning about $10 million a day, but regulators have been scrutinizing the railroad industry’s shipments of crude oil.

Full story: Washington Post

Thursday, February 27, 2014

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