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Trainnews - volume 8 - issue 217
Posted by: Espee99 ()
Date: November 03, 2015 04:44PM

This Date in Railroad History

November 3, 2009
Warren Buffett made his biggest bet in the Internet age on the growth industry of the 19th century. In what he called an "all-in wager" on the future of the U.S. economy, Buffett's Berkshire Hathaway is paying $34 billion to buy the Burlington Northern Santa Fe (BNSF), the nation's second-largest railroad. BNSF traces its roots to the St. Paul-based railroad empire of 19th-century tycoon James J. Hill. Buffett called the deal, the biggest ever for his company, "a huge bet and one that I'm very happy to make, but it's not a bet on next month or next year. We're going to own it forever."
[dealbook.nytimes.com]

Today's Photo

One of the most intriguing developments for many railfans in the early 1990s was the creation of the Nebkota Railway in northwestern Nebraska. The Nebkota Railway ran between Chadron and Merriman, 74 miles, on the Chicago and North Western's Cowboy Line. What made this new operation so intriguing is that their trains were powered by a set of A-B-A EMD F-units painted in a striking silver and red scheme, which was a real treat for first-generation diesel fans. The three “covered wagons” were acquired from Canada’s VIA Rail, which had retired them as their new EMD F40PH-2s were delivered. Due to the loss of grain traffic the railway was forced to abandon portions of its line, and later the operation was sold to another railroad, ending the runs with the F-units. In this photo, taken in September 1996, a Nebkota train heads east near Gordon, Nebraska. Leading the train is FP7 No. 55, originally Canadian Pacific No. 4099; trailing is F9B No. 66, originally Canadian National No. 6612; and the third diesel is FP9 No. 54, originally Canadian National No. 6451.

Alex Mayes photo



Today's North American News

BNSF closes on deal to sell rail yard to Sioux Falls for $27 million
[progressiverailroading.com]

TIGER VII: A look at rail-related projects
[progressiverailroading.com]

SEPTA kicks off $7.4 million station accessibility project
[progressiverailroading.com]

Kentucky approves $3 million for short-line improvements
[progressiverailroading.com]

STB: Class I employment falls in all categories in September
[progressiverailroading.com]

Kansas City takes delivery of first modern streetcar
[progressiverailroading.com]

Unimin opens CSX-served terminal in West Virginia
[progressiverailroading.com]

Maryland Transit Administration adds bike cars on weekend trains
[progressiverailroading.com]

MAX, Portland Streetcar sidelined in heavy rainstorm
[www.oregonlive.com]

MBTA plans safety upgrade for commuter rail
[www.bostonglobe.com]

A Railroad Safety Technology Was Available Decades Ago
[www.nytimes.com]

Amtrak train collides with 18-wheeler south of Ponchatoula, no reports of serious injuries
[theadvocate.com]

Marietta-owned railroad sold to investors
[business.blog.ajc.com]

N.C. Railroad Company ready to help ENC economy thrive
[www.kinston.com]

U.S. rail freight falls as industrial economy struggles
[www.reuters.com]

Striking lake oddity created by causeway to get a makeover
[www.deseretnews.com]

FreightCar America beats EPS estimates
[www.railwayage.com]

Another derailment for Huron Central
[www.thesudburystar.com]

Today's International News

Railways start discontinuing pantry cars in long-distance trains
[timesofindia.indiatimes.com]

Mitsubishi delivers first six-car AGT train for shuttle service in Japan
[www.railway-technology.com]

Egypt to procure long-distance passenger trains
[www.railjournal.com]

Trains resume on Rangpur-Dinajpur route
[bdnews24.com]

Christmas railway engineering project will cause major disruption for Redhill train commuters
[www.getsurrey.co.uk]

Last 'green frog' train running in Kumamoto headed for final run after 60 years
[ajw.asahi.com]

Audi's new 1000-hp hybrid pulls like a freight train
[www.autoblog.com]

Konkan Railway to begin work on doubling tracks from November 8
[economictimes.indiatimes.com]

Xizi Otis Re-Awarded Maintenance Service Contract with Beijing South Railway Station
[www.prnewswire.com]

French authorisation for Eurostar Velaro fleet
[www.railjournal.com]

Brazil reviews studies of two new lines
[www.railjournal.com]

UK's Porterbrook orders 80 more Bombardier Class 387 EMUs
[www.railway-technology.com]

Russian Railways prefers Chinese offer on Moscow-Kazan HSR construction to German one
[tass.ru]

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Trainnews - volume 8 - issue 217411 Espee99 11/03/2015 04:44PM


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