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BNSF chairman says CP-NS merger would put CSX in crosshairs

2016-01-15 18:03:21| Railroads - Topix.net

NEW YORK - A potential merger of Canadian Pacific Railway Ltd and Norfolk Southern would make it hard for No. 3 U.S. railroad CSX Corp to survive alone and ratchet up pressure for more industry consolidation, the chairman of No.

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BNSF ready for rail deal with NS; CSX seen in play

2015-12-14 16:42:17| Railroads - Topix.net

NEW YORK - The railroad controlled by Warren Buffett's Berkshire Hathaway Inc. is open to making a competing bid for Norfolk Southern Corp., the target of a $27 billion takeover effort by Canadian Pacific Railway Ltd. Full story: Globe and Mail

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Buffett's BNSF helped lead fight to delay train safety technology

2015-11-04 14:44:44| Railroads - Topix.net

When an Amtrak passenger train derailed in Philadelphia in May, killing eight people and injuring scores more, the railroad industry's campaign to delay a Dec. 31 deadline to install technology to prevent such disasters appeared to be finished. Not, as it turned out, if billionaire investor Warren Buffett and Sen. John Thune, a South Dakota Republican, had anything to do with it.

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BNSF Provides Answers About Culbertson Derailments

2015-11-04 02:00:23| Railroads - Topix.net

Four days in July brought uncertainty to towns in eastern Montana as two Burlington Northern Santa Fe trains derailed. A BNSF official said the derailments that occurred on July 14 and 16 were due to thermal misalignment of the rail.

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