Berkshire Hathaway responds to KCS merger activity
(Source: Freight Waves, May 3, 2021)
CHATTANOOGA, Tenn. — Executives with BNSF parent company Berkshire Hathaway noted on Saturday during the company’s annual shareholder meeting that BNSF will seek opportunities to protect its franchise as the merger proceedings go before the Surface Transportation Board for review. BNSF’s net earnings were $1.25 billion in the first quarter of 2021, a 5% increase from $1.19 billion in the first quarter of 2020, the railroad reported Monday.
Full story: Freight Waves
Tuesday, May 4, 2021
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