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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 ...
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 ...
Warren Buffett likes railroad stocks. One of his largest positions has been in Burlington Northern Santa Fe (BNI). It turns out that he likes the company so much that his Berkshire Hathaway (BRK.A ...
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 ...
The Northern Securities Company was a short-lived American railroad trust formed in 1901 by E. H. Harriman, James J. Hill, J.P. Morgan and their associates. The company controlled the Northern Pacific Railway; Great Northern Railway; Chicago, Burlington and Quincy Railroad; and other associated lines. It was capitalized at $400 million, and ...
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.
Panic of 1901. The Panic of 1901 was the first stock market crash on the New York Stock Exchange, caused in part by struggles between E. H. Harriman, Jacob Schiff, and J. P. Morgan / James J. Hill for the financial control of the Northern Pacific Railway. The stock cornering was orchestrated by James Stillman and William Rockefeller 's First ...