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BNSF Railway
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 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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 commu ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Omaha, Nebraska
Omaha ( ) is the largest city in the U.S. state of Nebraska and the county seat of Douglas County. Omaha is in the Midwestern United States on the Missouri River, about north of the mouth of the Platte River. The nation's 39th-largest city, Omaha's 2020 census population was 486,051. Omaha is the anchor of the eight-county, bi-state Omaha-Council Bluffs metropolitan area. The Omaha Metropolitan Area is the 58th-largest in the United States, with a population of 967,604. The Omaha-Council Bluffs-Fremont, NE-IA Combined Statistical Area (CSA) totaled 1,004,771, according to 2020 estimates. Approximately 1.5 million people reside within the Greater Omaha area, within a radius of Downtown Omaha. It is ranked as a global city by the Globalization and World Cities Research Network, which in 2020 gave it "sufficiency" status. Omaha's pioneer period began in 1854, when the city was founded by speculators from neighboring Council Bluffs, Iowa. The city was founded along ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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, ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
West South Central States
The West South Central States form one of the nine Census Bureau Divisions of the United States that are officially designated by the United States Census Bureau. Four states compose the division: Arkansas, Louisiana, Oklahoma, and Texas. Texas is larger in area and population than the three others combined. The division is one of the three that together make up the broader Census Bureau Region known as the South (the other two being the South Atlantic states and the East South Central states). at the (January 7, 2013). ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Duopoly
A duopoly (from Greek δύο, ''duo'' "two" and πωλεῖν, ''polein'' "to sell") is a type of oligopoly where two firms have dominant or exclusive control over a market. It is the most commonly studied form of oligopoly due to its simplicity. Duopolies sell to consumers in a competitive market where the choice of an individual consumer can not affect the firm. The defining characteristic of both duopolies and oligopolies is that decisions made by sellers are dependent on each other. Duopoly models in economics and game theory There are two principal duopoly models, Cournot duopoly and Bertrand duopoly: * The Cournot model, which shows that two firms assume each other's output and treat this as a fixed amount, and produce in their own firm according to this. * Cournot Model in Game Theory In 1838, Antoine A. Cournot published a book titled "Researches Into the Mathematical Principles of the Theory of Wealth" in which he introduced and developed this model for the first ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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 Railway, BNSF, with which it shares a duopoly on transcontinental freight rail lines in the Western United States, Western, Midwestern United States, Midwestern and West South Central states, Southern United States. Founded in 1862, the original Union Pacific Rail Road was part of the First transcontinental railroad, first transcontinental railroad project, later known as the Overland Route (Union Pacific Railroad), 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 199 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
The Wall Street Journal
''The Wall Street Journal'' is an American business-focused, international daily newspaper based in New York City, with international editions also available in Chinese and Japanese. The ''Journal'', along with its Asian editions, is published six days a week by Dow Jones & Company, a division of News Corp. The newspaper is published in the broadsheet format and online. The ''Journal'' has been printed continuously since its inception on July 8, 1889, by Charles Dow, Edward Jones, and Charles Bergstresser. The ''Journal'' is regarded as a newspaper of record, particularly in terms of business and financial news. The newspaper has won 38 Pulitzer Prizes, the most recent in 2019. ''The Wall Street Journal'' is one of the largest newspapers in the United States by circulation, with a circulation of about 2.834million copies (including nearly 1,829,000 digital sales) compared with '' USA Today''s 1.7million. The ''Journal'' publishes the luxury news and lifestyle magazi ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
The New York Times
''The New York Times'' (''the Times'', ''NYT'', or the Gray Lady) is a daily newspaper based in New York City with a worldwide readership reported in 2020 to comprise a declining 840,000 paid print subscribers, and a growing 6 million paid digital subscribers. It also is a producer of popular podcasts such as '' The Daily''. Founded in 1851 by Henry Jarvis Raymond and George Jones, it was initially published by Raymond, Jones & Company. The ''Times'' has won 132 Pulitzer Prizes, the most of any newspaper, and has long been regarded as a national " newspaper of record". For print it is ranked 18th in the world by circulation and 3rd in the U.S. The paper is owned by the New York Times Company, which is publicly traded. It has been governed by the Sulzberger family since 1896, through a dual-class share structure after its shares became publicly traded. A. G. Sulzberger, the paper's publisher and the company's chairman, is the fifth generation of the family to head the ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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 ac ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Holding Company
A holding company is a company whose primary business is holding a controlling interest in the securities of other companies. A holding company usually does not produce goods or services itself. Its purpose is to own shares of other companies to form a corporate group. In some jurisdictions around the world, holding companies are called parent companies, which, besides holding stock in other companies, can conduct trade and other business activities themselves. Holding companies reduce risk for the shareholders, and can permit the ownership and control of a number of different companies. ''The New York Times'' also refers to the term as ''parent holding company.'' Holding companies are also created to hold assets such as intellectual property or trade secrets, that are protected from the operating company. That creates a smaller risk when it comes to litigation. In the United States, 80% of stock, in voting and value, must be owned before tax consolidation benefits such ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Coal
Coal is a combustible black or brownish-black sedimentary rock, formed as rock strata called coal seams. Coal is mostly carbon with variable amounts of other elements, chiefly hydrogen, sulfur, oxygen, and nitrogen. Coal is formed when dead plant matter decays into peat and is converted into coal by the heat and pressure of deep burial over millions of years. Vast deposits of coal originate in former wetlands called coal forests that covered much of the Earth's tropical land areas during the late Carboniferous ( Pennsylvanian) and Permian times. Many significant coal deposits are younger than this and originate from the Mesozoic and Cenozoic eras. Coal is used primarily as a fuel. While coal has been known and used for thousands of years, its usage was limited until the Industrial Revolution. With the invention of the steam engine, coal consumption increased. In 2020, coal supplied about a quarter of the world's primary energy and over a third of its electricity. ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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