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BNSF
BNSF Railway is one of the largest freight railroads in North America. One of seven North American Class I railroads, BNSF has 35,000 employees, of track in 28 states, and nearly 8,000 locomotives. It has three transcontinental routes that provide rail connections between the western and eastern United States. BNSF trains traveled over in 2010, more than any other North American railroad. The BNSF Railway Company is the principal operating subsidiary of parent company Burlington Northern Santa Fe, LLC. Headquartered in Fort Worth, Texas, the railroad's parent company is a wholly owned subsidiary of Berkshire Hathaway, Inc., of Omaha, Nebraska. The current CEO is Kathryn Farmer. According to corporate press releases, the BNSF Railway is among the top transporters of intermodal freight in North America. It also hauls bulk cargo, including enough coal to generate around 25% of the electricity produced in the United States. The creation of BNSF started with the formation o ...
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BNSF Freight Train Near Shallowater, Texas, 2009, Behind Dash9-44CW Locomotive No 1041
BNSF Railway is one of the largest freight railroads in North America. One of seven North American Class I railroads, BNSF has 35,000 employees, of track in 28 states, and nearly 8,000 locomotives. It has three transcontinental routes that provide rail connections between the western and eastern United States. BNSF trains traveled over in 2010, more than any other North American railroad. The BNSF Railway Company is the principal operating subsidiary of parent company Burlington Northern Santa Fe, LLC. Headquartered in Fort Worth, Texas, the railroad's parent company is a wholly owned subsidiary of Berkshire Hathaway, Inc., of Omaha, Nebraska. The current CEO is Kathryn Farmer. According to corporate press releases, the BNSF Railway is among the top transporters of intermodal freight in North America. It also hauls bulk cargo, including enough coal to generate around 25% of the electricity produced in the United States. The creation of BNSF started with the formation of ...
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GE ES44DC
The Evolution Series is a line of diesel locomotives built by GE Transportation Systems (now owned by Wabtec), initially designed to meet the U.S. EPA's Tier 2 locomotive emissions standards that took effect in 2005. The first pre-production units were built in 2003. Evolution Series locomotives are equipped with either AC or DC traction motors, depending on the customer's preference. All are powered by the GE GEVO engine. The Evolution Series was named as one of the "10 Locomotives That Changed Railroading" by ''Trains Magazine'' and was the only locomotive introduced after 1972 to be included in that list. The Evolution Series locomotives are some of the best-selling and most successful freight locomotives in United States history. Models Currently, six different Evolution Series models have been produced for the North American market. They are all six axle locomotives and have the wheel arrangement C-C ( AAR classification) or Co′Co′ (UIC classification), except for ...
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Metra
Metra is the commuter rail system in the Chicago metropolitan area serving the city of Chicago and its surrounding suburbs via the Union Pacific Railroad, BNSF Railway, and other railroads. The system operates 242 stations on 11 rail lines. It is the fourth busiest commuter rail system in the United States by ridership and the largest and busiest commuter rail system outside the New York City metropolitan area. In , the system had a ridership of , or about per weekday as of . The estimated busiest day for Metra ridership occurred on November 4, 2016—the day of the Chicago Cubs 2016 World Series victory rally. Metra is the descendant of numerous commuter rail services dating to the 1850s. The present system dates to 1974, when the Illinois General Assembly established the Regional Transportation Authority (RTA) to consolidate all public transit operations in the Chicago area, including commuter rail. The RTA's creation was a result of the anticipated failure of commuter s ...
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Burlington Northern Santa Fe, LLC
Burlington Northern Santa Fe, LLC is the parent company of the BNSF Railway (formerly the Burlington Northern and Santa Fe Railway). The company is an indirect, wholly owned subsidiary of Berkshire Hathaway, which is controlled by investor Warren Buffett. History The Burlington Northern Santa Fe Corporation was incorporated in 1993 to facilitate the merger of Burlington Northern, Incorporated, parent of the Burlington Northern Railroad, and Santa Fe Pacific Corporation, which owned the Atchison, Topeka and Santa Fe Railway (Santa Fe). The corporate merger was consummated on September 22, 1995, at which point shareholders of the previous companies became shareholders of BNSF and the two companies became wholly owned subsidiaries of BNSF. In December 1996, the two holding companies and two railroads were formally merged, and in January 1998 the remaining intermediate holding company was folded into the railroad. Robert D. Krebs of Santa Fe Pacific was president of BNSF from the me ...
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Kathryn Farmer
Kathryn M. "Katie" Thompson Farmer (born c. 1970) is an American railroad executive. In January 2021, she became the first woman chief executive of a Class I railroad succeeding Carl Ice at BNSF Railway. Biography Kathryn M. Farmer graduated from Texas Christian University with a Bachelor of Business Administration and an MBA in Finance. Farmer joined Burlington Northern Railroad in 1992 as a management trainee. She has spent her entire career at BNSF (Burlington Northern merged with Santa Fe in 1996 to become BNSF and became wholly owned by Berkshire Hathaway in 2010), holding positions in operations, marketing and finance. Farmer served as the Executive Vice President Operations title since September 2018. In September 2020, it was announced that she would succeed Carl Ice Carl R. Ice is an American businessman. He has been the President of BNSF Railway from November 1, 2010, and President and CEO since January 1, 2014, succeeding Matthew K. Rose in the role. At the end of ...
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Atchison, Topeka And Santa Fe Railway
The Atchison, Topeka and Santa Fe Railway , often referred to as the Santa Fe or AT&SF, was one of the larger railroads in the United States. The railroad was chartered in February 1859 to serve the cities of Atchison, Kansas, Atchison and Topeka, Kansas, and Santa Fe, New Mexico. The railroad reached the Kansas–Colorado border in 1873 and Pueblo, Colorado, in 1876. To create a demand for its services, the railroad set up real estate offices and sold farmland from the land grants that it was awarded by United States Congress, Congress. Despite being chartered to serve the city, the railroad chose to bypass Santa Fe, due to the engineering challenges of the mountainous terrain. Eventually Santa Fe Southern Railway, a branch line from Lamy, New Mexico, brought the Santa Fe railroad to its namesake city. The Santa Fe was a pioneer in intermodal freight transport; at various times, it operated an airline, the short-lived Santa Fe Skyway, and the fleet of Santa Fe Railroad Tugboa ...
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Burlington Northern Railroad
The Burlington Northern Railroad was a United States-based railroad company formed from a Mergers and acquisitions, merger of four major U.S. railroads. Burlington Northern operated between 1970 and 1996. Its historical lineage begins in the earliest days of railroading with the chartering in 1848 of the Chicago and Aurora Railroad, a direct ancestor line of the Chicago, Burlington and Quincy Railroad, which lends Burlington to the names of various merger-produced successors. Burlington Northern acquired the Atchison, Topeka and Santa Fe Railway on December 31, 1996, to form the Burlington Northern and Santa Fe Railway (later renamed BNSF Railway), which was owned by the Burlington Northern Santa Fe Corporation. That corporation was purchased by Berkshire Hathaway in 2009 which is controlled by investor Warren Buffett. History The Burlington Northern Railroad was the product of the merger of four major railroads: the Great Northern Railway (U.S.), Great Northern Railway, the N ...
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Union Pacific Railroad
The Union Pacific Railroad , legally Union Pacific Railroad Company and often called simply Union Pacific, is a freight-hauling railroad that operates 8,300 locomotives over routes in 23 U.S. states west of Chicago and New Orleans. Union Pacific is the second largest railroad in the United States after BNSF, with which it shares a duopoly on transcontinental freight rail lines in the Western, Midwestern and Southern United States. Founded in 1862, the original Union Pacific Rail Road was part of the first transcontinental railroad project, later known as the Overland Route. Over the next century, UP absorbed the Missouri Pacific Railroad, the Chicago and North Western Transportation Company, the Western Pacific Railroad, the Missouri–Kansas–Texas Railroad and the Chicago, Rock Island and Pacific Railroad. In 1996, the Union Pacific merged with Southern Pacific Transportation Company, itself a giant system that was absorbed by the Denver and Rio Grande Western Railroad ...
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Aurora Branch Railroad
The Chicago and Aurora Railroad was an early predecessor of the Chicago, Burlington and Quincy Railroad that built a line from West Chicago to Mendota via Aurora, Illinois. History The Illinois General Assembly chartered the Aurora Branch Railroad on February 12, 1849, to build a branch of the Galena and Chicago Union Railroad to Aurora, which it opened on September 2, 1850. The company was renamed Chicago and Aurora Railroad on June 22, 1852, and given expanded powers to extend from Aurora to a point north of LaSalle; this extension, to Mendota, was completed on October 20, 1853. Another amendment, passed February 28, 1854, authorized the company to build east from Aurora to Chicago via Naperville, and changed its name to Chicago and Southwestern Railroad. The latter provision was never acted upon, and was repealed by an act of February 14, 1855, which instead changed the name to Chicago, Burlington and Quincy Railroad (CB&Q). The Aurora-Chicago line was opened on May 20, 1864, ...
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Berkshire Hathaway
Berkshire Hathaway Inc. () is an American Multinational corporation, multinational conglomerate (company), conglomerate holding company headquartered in Omaha, Nebraska, United States. Its main business and source of capital is insurance, from which it invests the float (the retained premiums) in a broad portfolio of subsidiaries, equity positions and other securities. The company has been overseen since 1965 by its chairman and CEO Warren Buffett and (since 1978) vice chairman Charlie Munger, who are known for their advocacy of value investing principles. Under their direction, the company's book value has grown at an average rate of 20%, compared to about 10% from the S&P 500 index with dividends included over the same period, while employing large amounts of capital and minimal debt. The company's insurance brands include auto insurer GEICO and reinsurance firm General Re. Its non-insurance subsidiaries operate in diverse sectors such as confectionery, retail, Rail transport, ...
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Warren Buffett
Warren Edward Buffett ( ; born August 30, 1930) is an American business magnate, investor, and philanthropist. He is currently the chairman and CEO of Berkshire Hathaway. He is one of the most successful investors in the world and has a net worth of over $100 billion as of November 2022, making him the world's sixth-wealthiest person. Buffett was born in Omaha, Nebraska. He developed an interest in business and investing in his youth, eventually entering the Wharton School of the University of Pennsylvania in 1947 before transferring to and graduating from the University of Nebraska at 19. He went on to graduate from Columbia Business School, where he molded his investment philosophy around the concept of value investing pioneered by Benjamin Graham. He attended New York Institute of Finance to focus his economics background and soon after began various business partnerships, including one with Graham. He created Buffett Partnership, Ltd in 1956 and his firm eventually acqui ...
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Class I Railroad
In the United States, railroad carriers are designated as Class I, II, or III, according to annual revenue criteria originally set by the Surface Transportation Board in 1992. With annual adjustments for inflation, the 2019 thresholds were US$504,803,294 for Class I carriers and US$40,384,263 for Class II carriers. (Smaller carriers were Class III by default.) There are seven Class I freight railroad companies in the United States including two Canadian carriers with subsidiary trackage in the United States: BNSF Railway, Canadian National Railway (via its subsidiary Grand Trunk Corporation), Canadian Pacific Railway (via its subsidiary Soo Line Corporation), CSX Transportation, Kansas City Southern Railway, Norfolk Southern Railway, and Union Pacific Railroad. (Mexico's Ferromex and Kansas City Southern de México would qualify as Class I, but do not operate within the United States.) In addition, the national passenger railroad in the United States, Amtrak, would qualif ...
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