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Daily Headlines

Opinion: A political football in Los Angeles

(Source: Los Angeles Times opinion column, May 7, 2012) LOS ANGELES — Consider two projects that could have profound impacts on Los Angeles: Both would create thousands of jobs. One would increase traffic a bit; the other would significantly decrease it. One would be...

Buffett says Berkshire will top $34 billion railroad purchase

(Source: Bloomberg News, May 7,2 012) OMAHA, Neb. — Warren Buffett, who built Berkshire Hathaway Inc. into a $200 billion company through stock picks and acquisitions, said his firm may top its largest deal, the 2010 purchase of railroad Burlington Northern Santa Fe....

Two senators back shippers in Berkshire Hathaway rate case

(Source: National Rural Electrical Cooperative Association, May 7, 2012) ARLINGTON, Va. — Two U.S. senators are siding with captive shippers who say they shouldn’t have to pay extra in shipping rates because investment giant Berkshire Hathaway bought freight railroad...

Berkshire’s Rose turns to manufacturing as coal ‘traumatized’

(Source: Bloomberg News, May 5, 2012) NEW YORK — Matt Rose, chief executive officer of Warren Buffett’s railroad, said he is counting on deliveries of manufactured goods to build the business after coal shipments declined amid reduced demand from power plants. Full...

Thirteen arrested blocking BNSF coal train in White Rock

(Source: Vancouver Observer, May 5, 2012) VANCOUVER — Thirteen activists, including a Nobel Peace Prize winning economist, have been arrested in a coal train blockade, after Burlington Northern Santa Fe (BNSF) was granted a pre-emptive court order. Full story:...

California high-speed rail sets route, gets $1 billion offer

(Source: Chicago Tribune, May 4, 2012) LOS ANGELES — The California High-Speed Rail Authority took a key step toward developing its proposed passenger-train system Thursday, certifying environmental reports and formally approving the first portion of the line between...

Norfolk Southern adds Monongahela Railway to heritage locomotive roster

(Source: Norfolk Southern press release, May 3, 2012) NORFOLK, Va. — Norfolk Southern added the Monongahela Railway to the legacy railroads that the company is honoring with its 30th anniversary heritage paint schemes, bringing to 20 the number of predecessor roads to...

Major upgrade of Union Pacific’s rotary snow plows

(Source: Sierra Sun, May 3, 2012) TRUCKEE, Calif. — The Truckee Donner Railroad Society's rotary snow plow is about to become even more of a historic artifact. Union Pacific is rebuilding its rotaries in a way that will change the appearance of the snow-removal...

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