Search

The article focuses on the impact of the acquisition of railroad operator Burlington Northern Santa Fe (BNSF) Railway by Berkshire Hathaway on the former. According to second-quarter 2010 results, BNSF has contributed 885 million U.S. dollars to the net earnings of Berkshire. BNSF chairman and chief executive officer (CEO) Matthew K. Rose explains the company's debt worth 10 billion U.S. dollars was included in the acquisition, so the company was able to perform well from a capital standpoint.

The article offers information on locomotives that are parked at Union Pacific Railroad's Davidson Rail Yard under the Hulen Street bridge in Fort Worth, Texas. Both Union Pacific and Burlington Northern Santa Fe (BNSF) Railway have been shipping volumes, with Burlington Northern experiencing flat volumes, and Union Pacific seeing increases in some types of goods. Clint Schelbitzki, director of public affairs at Union Pacific, cited the effects of the recession on the company. Suann Lundsburg of BNSF also tackled the impact of the economy on railroads.

Presents a list of the largest office buildings and public companies in Tarrant County, Texas as of December 2002. Burnett Plaza 801; City Center Tower II; Exxon Mobil Corp.; Burlington Northern Santa Fe Corp.

The article focuses on 2013 capacity improvement projects of BNSF Railway as of 2013 including investment of 240 million U.S. dollars on maintenance and rail capacity expansion projects in Texas, rail capacity project in Fort Worth, Texas and continuation of track maintenance program in Texas.

The section offers news briefs on the energy sector in Texas as of July 9, 2012. The Geothermal Energy Association (GEA) names finalists to 2012 GEA Honors including Tas Energy Inc., Southern Methodist University of Dallas, and Baker Hughes Inc. of Houston. BNSF Railway Co. plans to invest in improving the rail capacity in Oklahoma. Chris Faulkner of Breitling Royalties Corp. joins the North Texas Commission.

This section offers news briefs related to nonprofit organizations in Fort Worth, Texas. The National Multicultural Western Heritage Museum will induct six pioneers into its Hall of Fame on November 20, 2010. BNSF Railway and the United Negro College Fund (UNCF) announced the 25,000 U.S.-dollar BNSF Railway Scholarship Fund. "Movies for Food," a nationwide donation program organized by the Charter will benefit the Tarrant Area Food Bank.

The article profiles Charles Shewmake, vice president and general counsel for BNSF Railway in Fort Worth, Texas. He reportedly joined BNSF after graduation from the Texas Tech School of Law because he loved the railroad and has also completed the Harvard Business School Advanced Management Program in 2007. It is stated that Shewmake handles casualty litigation, environmental and safety issues and labor and employment law.

The article reports that the visit of Berkshire Hathaway executive Warren Buffett to Burlington Northern Santa Fe Corp. chief executive officer (CEO) Matthew Rose at his office in Fort Worth, Texas on October 22, 2009 after a Berkshire board meeting had led to a proposal of buying the latter. A person familiar with the deal said that Buffett noted he does not mind owning Burlington as he already own some of its stocks. It is said that Buffett is known for spending billions in just few days. It adds that the Berkshire board have agreed with Buffett.

The article reports on the corporate profits reported by Fort Worth, Texas-based Burlington Northern Santa Fe Railway on January 21, 2009 for the fourth quarter of 2008. Earnings for the quarter were reported at $1.79 per diluted share, a 2.3 percent increase for the same quarter in 2007. The factors which contributed to the revenue increase included improved yields and higher fuel surcharges.

The article features Kathy McGinn, assistant vice president of labor relations at BNSF Railway Co. in Texas. She talks about the opportunity she had to work for the company for 29 years. It cites some of her volunteer activities. According to McGinn, her family is a point of relaxation, work is the challenge and charity represents an opportunity to help and meet some great people.

The article reports on the stock selling of Burlington Northern Santa Fe Corp., in relation to the stock purchase activity of Warren Buffett of Berkshire Hathaway Inc. Burlington reported selling 122,000 shares of the Fort Worth, Texas, railroad for $10.5 million. Buffett first disclosed holding an 11% stake in Burlington Northern in April 2007.

The article reports on the financial performance of railroad operator Burlington Northern Santa Fe Corp. (BNSF) in the third-quarter of 2007. The railroad operator based in Fort Worth, Texas reported that its profit went up by 8 percent during the quarter due to strong pricing and the growth in the agricultural sector. Its revenue and expenses also rose during the period.

The article reports that Berkshire Hathaway Inc. has increased its stake in Fort Worth, Texas-based Burlington Northern Santa Fe (BNSF). The National Indemnity Co. unit of Berkshire has purchased the additional stock, based on a filing with the U.S. Securities and Exchange Commision. The percentage and value of stocks owned by Berkshire from BNSF is mentioned.

A photograph of attendees at the Stay on Track, Stay in School event organized by BNSF Railway Corp. in Fort Worth, Texas is presented.

The article reports that the 2007 first-quarter profit of Fort Worth, Texas-based railroad operator Burlington Northern Santa Fe Corp. fell 15 percent. Record freight revenue for the period was more than offset by higher fuel bills and environmental cleanup costs. Company executives pointed to a slowdown in the housing market that could weaken demand for shipping freight.

This article reports on the financial performance of Burlington Northern Santa Fe Corp. It posted a decline in first-quarter earnings, however, its revenue increased as pricing remained strong. The company, based in the Fort Worth, Texas, expects freight revenue to increase during the second quarter of 2007.

The article reports on career developments involving employees in Texas. Del Waller was appointed president of the south Arlington Banking Center at Southwest Securities FSB. Andrew P. Lombardi has joined McDonald Sanders as an associate attorney. Mary Jo Keating was named vice president of corporate relations for BNSF Railway Co.

Focuses on BNSF Railway Co., a finalist for excellence in the international service category of the Global Business Awards to be presented by Mike Moncrief, mayor of the city of Fort Worth in Texas. Efforts of BNSF to facilitate the safe and environmentally friendly movement of consumer products from Asia to the U.S.; Advantages of the Memorandum of Understanding for Cooperation in Rail Transport signed by BNSF with the Chinese Ministry of Railway; Purpose of the first International Supply Chain Summit organized by BNSF in Shanghai, China.

Introduces a series of articles on the finalists of the 2006 Global Business Awards to be presented by Mike Moncrief, mayor of the city of Fort Worth in Texas. FBM Trading Co. Inc.; General Electrodynamics Corp.; SPM Flow Control Inc.; Fresherized Foods; May Advertising International Ltd.; Teresa's Treasures; BNSF Railway Co.; Dallas/Fort Worth International Airport.

Profiles Fort Worth, Texas-based Burlington Northern Santa Fe Railway Corp. executive Elizabeth Obermiller. Affiliation of the executive with the American Heart Association and Junior Achievement; Contributions of Obermiller to the improvements in the performance of the company; Comments on her efforts to succeed.

Reports on the performance of the Fort Worth Business Press Stock Index as of January 25, 2006. Increase in the shares of Burlington Northern Santa Fe Corp.; Gains of General Motors shares; Drop in the shares of Johnson & Johnson.

Presents news briefs on business in Texas as of January 30, 2006. Resignation of Katherine Akos as president and CEO of the Fort Worth Symphony Orchestra; Relocation of the Medical City Children's intensive care patients into a new pediatric and congenital heart surgery unit; Plan of Burlington Northern Sante Fe Corp. to hire several employees in 2007.

The article presents news briefs from Texas as of October 31, 2005. A. P. Endres will be retiring as vice president of government affairs at Burlington Northern Santa Fe Railway Company. The Fort Worth, Texas Chapter of the Conference on Minority Transportation Officials will host meetings and outreach events to make minorities and women more aware of transportation careers available to them. "The Renegade," a student-produced magazine from the University of Texas in Arlington was selected as one of the top three college magazines in the U.S.

Presents news briefs on the business enterprises in Fort Worth, Texas as of June 20, 2005. Plan of architectural firm HKS Inc. to relocate its Fort Worth office.; Lease contract for Green Goat hybrid locomotives signed by BNSF Railway Co. and RailPower Technologies Corp.; Election of Harriet Craine as president of the John Peter Smith Auxiliary of the Tarrant County Hospital District.

Presents an update on the business community in Texas as of May 9, 2005. Construction companies which received awards from the Greater Fort Worth Builders Association; Appointment of individuals to various boards of trade and organizations; Number of shippers honored by BNSF Railway Co. with its Annual Product Stewardship Award.

Profiles Fln Neve, director of operations services and strategic sourcing at BNSF. Job responsibilities; Information on the Fort Worth Stock Show Syndicate in Texas under his leadership; Hobbies and interests.

Presents an update on local companies in Texas as of March 5-11, 2004. Increase in revenues and earnings posted by Speedway Motorsports Inc. for the fourth quarter ended December 31, 2003; Agreement reached by the Burlington Northern and Santa Fe Railway Company with Trinity Industries Inc. to acquire hopper railcars; Retirement of Jerry Farrington, chairman emeritus of TXU Corp.

Presents news briefs related to business in Texas, as of February 19, 2004. Retirement of Cats baseball player Duke Snider; Award given to Modern Art Museum by the Advertising Club of Fort Worth; Contribution of Burlington Northern and Santa Fe Railway Company on the economic development of the country.

Reports on the performance of the stocks of several companies in Fort Worth, Texas as of February 6, 2004. Lockheed Martin Corp.; Burlington Northern Santa Fe Corp.; SBC Communications Inc.

Presents business-related updates in Texas as of July 2003. Selection of Donna Arp as vice president of Cooksey Communications; Approval of the request of Lone Star Park to host thoroughbred meetings in 2004; Completion of the rail line project of Union Carbide Corp. and Burlington Northern and Santa Fe Railway Co.

Presents business news in Fort Worth, Texas as of May 2003. Information on Load and Ride Solutions for freight shippers from Burlington Northern and Santa Fe Railway Company; Warning on the danger of remote Controlled Train Operators; Business focus of health insurer UICI.