|
BNSF - Going Cabless
BNSF Railway is the largest freight railroad in the United States. One of six North American Class I railroads, BNSF has 36,000 employees, of track in 28 states, and over 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, BNSF Railway is among the top transporters of intermodal freight in North America. It also hauls bulk cargo, including coal. The creation of BNSF started with the formation of a holding company on September 22, 1995. This new holding company purchased the Atchison ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Metra
Metra is the primary 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 243 train station, stations on 11 rail lines. It is the List of United States commuter rail systems by ridership, 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, with a record 460,000+ passengers. Metra is the descendant of numerous passenger rail services dating to the 1850s. The present system dates to 1974, when the Illinois General Assembly established the Regional Transportation Authority (Illinois), Regional Transportation Authority (RTA) to ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Omaha, Nebraska
Omaha ( ) is the List of cities in Nebraska, most populous city in the U.S. state of Nebraska. It is located in the Midwestern United States along the Missouri River, about north of the mouth of the Platte River. The nation's List of United States cities by population, 41st-most-populous city, Omaha had a population of 486,051 at the 2020 United States census, 2020 census. The eight-county Omaha–Council Bluffs metropolitan area, which extends into Iowa, has approximately 1 million residents and is the Metropolitan statistical area#United States, 55th-largest metro area in the United States. Omaha is the county seat of Douglas County, Nebraska, Douglas County. Omaha's pioneer period began in 1854, when the city was founded by speculators from neighboring Council Bluffs, Iowa. The city was founded along the Missouri River, and a crossing called Lone Tree Ferry earned the city its nickname, the "Gateway to the West". Omaha introduced this new West to the world in 1898, when it ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Chicago, Burlington And Quincy Railroad
The Chicago, Burlington and Quincy Railroad was a railroad that operated in the Midwest, Midwestern United States. Commonly referred to as the Burlington Route, the Burlington, CB&Q, or as the Q, it operated extensive trackage in the states of Colorado, Illinois, Iowa, Missouri, Nebraska, Wisconsin, Wyoming, and also in Texas through subsidiaries Colorado and Southern Railway, Fort Worth and Denver Railway, and Burlington-Rock Island Railroad. Its primary connections included Chicago, Minneapolis–Saint Paul, St. Louis, Kansas City, Missouri, Kansas City, and Denver. Because of this extensive trackage in the midwest and mountain states, the railroad used the advertising slogans "Everywhere West", "Way of the ''Zephyrs''", and "The Way West". In 1967, it reported 19,565 million net ton-miles of revenue freight and 723 million passenger miles; corresponding totals for C&S were 1,100 and 10 and for FW&D were 1,466 and 13. At the end of the year, CB&Q operated 8,538 route-miles, C ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Pacific Railroad
The Pacific Railroad (not to be confused with Union Pacific Railroad) was a railroad based in Missouri. It was a predecessor of both the Missouri Pacific Railroad and St. Louis-San Francisco Railway. The Pacific was chartered by Missouri in 1849 to extend "from St. Louis to the western boundary of Missouri and thence to the Pacific Ocean." Due to a cholera epidemic in St. Louis in 1849 and other delays, groundbreaking did not occur until July 4, 1851. The railroad purchased its first steam locomotive from a manufacturer in Taunton, Massachusetts; it arrived at St. Louis by river in August 1852. On December 9, 1852, the Pacific Railroad had its inaugural run, traveling from its depot on Fourteenth Street, along the Mill Creek Valley, to Cheltenham in about ten minutes. By the following May, it had reached Kirkwood; within months tunnels west of Kirkwood were completed, allowing the line to reach Franklin. The Southwest Branch of the Pacific Railroad was authorized in 1852 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Aurora Branch Railroad
The Chicago and Aurora Railroad was a direct predecessor of the Chicago, Burlington and Quincy Railroad. Its original incorporation as the Aurora Branch Railroad, chartered in February 1849, started as a twelve-mile branch line which Class I giant BNSF cites as the beginning of their empire: this "short stretch of track set BNSF’s destiny into ‘loco-motion’ and grew over many decades into a network spanning 32,500 miles." Beginning in 1853, as the Chicago and Aurora Railroad, the company's tracks eventually extended from Chicago to Mendota via Aurora, Illinois, also creating what would become the oldest commuter line in the Chicago area. History The Aurora Branch Railroad The original branch line The Chicago and Aurora Railroad's first incarnation was the Aurora Branch Railroad (ABRR), which was chartered by the Illinois General Assembly on February 12, 1849, to build a line from the Galena and Chicago Union Railroad (G&CU) to Aurora. According to railroad historian A. W. ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
BNSF Freight Train Near Shallowater, Texas, 2009, Behind Dash9-44CW Locomotive No 1041
BNSF Railway is the largest freight railroad in the United States. One of six North American Class I railroads, BNSF has 36,000 employees, of track in 28 states, and over 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, BNSF Railway is among the top transporters of intermodal freight in North America. It also hauls bulk cargo, including coal. The creation of BNSF started with the formation of a holding company on September 22, 1995. This new holding company purchased the Atchi ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
West South Central States
The West South Central states, colloquially known as the South Central states, is a region of the United States defined by the U.S. Census Bureau as covering four states: Arkansas, Louisiana, Oklahoma, and Texas. The West South Central or South Central region is located within the Southern United States and Gulf Coast regions, bordering the Mountain states and Midwestern U.S. regions to its north and west. The Gulf of Mexico is to the south of the region. Houston is the South Central's largest city, and the Dallas–Fort Worth–Arlington metropolitan statistical area is the region's largest metropolis. A geographically diverse region, the southern portion of the states are covered by coastal plains and swamps, while the remainder is covered by forests such as the Cross Timbers, hills and mountains, and deserts near the Texas–Mexico border. With European colonization of the Americas, this region of the U.S. has been heavily influenced by the French and Spanish. With ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Duopoly
A duopoly (from Greek , ; and , ) is a type of oligopoly where two firms have dominant or exclusive control over a market, and most (if not all) of the competition within that market occurs directly between them. Duopoly 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 choice cannot affect the firm in a duopoly market, as the defining characteristic of duopolies is that decisions made by each seller are dependent on what the other competitor does. Duopolies can exist in various forms, such as Cournot, Bertrand, or Stackelberg competition. These models demonstrate how firms in a duopoly can compete on output or price, depending on the assumptions made about firm behavior and market conditions. Similar features are discernible in national political systems of party duopoly. Duopoly models in economics and game theory Cournot duopoly Cournot model in game theor ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Union Pacific Railroad
The Union Pacific Railroad is a Railroad classes, Class I 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, West South Central 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 (Union Pacific Railroad), Overland Route. Over the next century, UP absorbed the Missouri Pacific Railroad, the Western Pacific Railroad, the Missouri–Kansas–Texas Railroad and the Chicago, Rock Island and Pacific Railroad. In 1995, the Union Pacific merged with Chicago and North Western Transportation Company, completing its reach into the Upper Midwest. In ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Warren Buffett
Warren Edward Buffett ( ; born August 30, 1930) is an American investor and philanthropist who currently serves as the chairman and CEO of the conglomerate holding company Berkshire Hathaway. As a result of his investment success, Buffett is one of the best-known investors in the world. According to ''Forbes'', as of May 2025, Buffett's estimated net worth stood at US$160.2 billion, making him the fifth-richest individual in the world. Buffett was born in Omaha, Nebraska. The son of U.S. congressman and businessman Howard Buffett, he developed an interest in business and investing during his youth. He entered the Wharton School of the University of Pennsylvania in 1947 before graduating from the University of Nebraska at 20. 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 on his economics background and soon ... [...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 Security (finance), securities of other companies. A holding company usually does not produce goods or services itself. Its purpose is to own Share capital, stock of other companies to create a corporate group. In some jurisdictions around the world, holding companies are called parent companies, which, besides holding Share capital, 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'' uses the term ''parent holding company''. Holding companies can be subsidiaries in a Subsidiary#Tiered subsidiaries, tiered structure. 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 ... [...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 Chemical element, elements, chiefly hydrogen, sulfur, oxygen, and nitrogen. Coal is a type of fossil fuel, formed when dead plant matter decays into peat which 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 (geology), Pennsylvanian) and Permian times. 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 generation, electricity. Some iron and steel-maki ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
