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The Santa Fe–Southern Pacific merger was an attempted corporate consolidation of two of the major railroads in the Western United States at the time: the Atchison, Topeka and Santa Fe Railway and the Southern Pacific Railroad. The approximately US$ 5 billion deal (US$14.7 billion in 2023 dollars [1]) was announced in September 1983 and in ...
The Burlington Northern Railroad (reporting mark BN) was a United States-based railroad company formed from a merger of four major U.S. railroads. Burlington Northern operated between 1970 and 1995. Its historical lineage begins in the earliest days of railroading with the chartering in 1848 of the Chicago and Aurora Railroad, a direct ancestor ...
Website. bnsf.com. BNSF Railway (reporting mark BNSF) is the largest freight railroad in the United States. One of six North American Class I railroads, BNSF has 36,000 employees, [1] 33,400 miles (53,800 km) of track in 28 states, and over 8,000 locomotives. [2] It has three transcontinental routes that provide rail connections between the ...
Warren Buffett's Berkshire Hathaway (BRK.A) announces that it will buy the remaining stake that it does not already own in railroad giant Burlington Northern Santa Fe (BNI). The deal is valued at ...
In September 1995 what was left of the company merged into Burlington Northern. The Santa Fe railroad became part of the Burlington Northern Santa Fe. Robert Krebs served as CEO of the merged company, serving until his retirement. The Santa Fe Pacific Corporation was not related to the Santa Fe Pacific Railroad, which operated from 1897 to 1902.
Hill, who also had a minority interest in the Northern Pacific Railway, outbid Harriman for the Burlington, by agreeing to Burlington President Charles Elliott Perkins's $200-a-share price. Together, the Great Northern and the Northern Pacific assumed control of nearly 100 percent of the Burlington's outstanding stock.
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The line is operated by BNSF under a "purchase of service agreement" with Metra, inherited from Burlington Northern. While Metra owns all rolling stock, the management and crews are BNSF employees. BNSF is the owner of the right-of-way, controls the line and handles dispatching from corporate headquarters in Fort Worth, Texas. Metra imposes a ...