Three days that shifted the transcon merger chessboard: Analysis

Train crossing bridge over canal

What a week this was for unexpected twists and turns in the Class I railroad merger landscape. First, on Monday Berkshire Hathaway Chairman Warren Buffett said the company would not bid on CSX or Norfolk Southern, which had been viewed as potential merger partners for the Berkshire-owned BNSF Railway. A BNSF-CSX combination, in particular, had […]

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Athearn HO BethGon Coalporter

Color photo showing rotary end of HO scale bathtub coal gondola painted silver and black

Athearn HO Johnstown America BethGon Coalporter Scale: HO (1:87.1) Price: Five-pack, $234.99 Era: 1990s to present (varies based on paint scheme) Manufacturer: Athearn Trains, 2904 Research Rd., Champaign, IL 61822; 800-338-4639; athearn.com Athearn HO BethGon Coalporter features: 36” metal wheelsets with RP-25 contour Body-mounted McHenry scale couplers Etched-metal crossover platforms Factory-applied brake wheel and formed-wire […]

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Buffett: Berkshire will not bid for CSX or Norfolk Southern

Train rounding curve in mountains

OMAHA, Neb. — BNSF Railway wants to date CSX — but has no interest in getting married. Five days after Union Pacific announced its $85 billion deal to acquire Norfolk Southern, Berkshire Hathaway Chairman Warren Buffett and CEO designate Greg Abel told CSX CEO Joe Hinrichs that they would not bid for the Eastern railroad. […]

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BNSF passes halfway mark with new Missouri River bridge in North Dakota

BISMARCK, N.D. — BNSF Railway has passed the halfway point in construction of its new bridge across the Missouri River in the Bismarck-Mandan, N.D., area on its former Northern Pacific Jamestown Subdivision. The 1,554-foot-long single-track bridge is being built adjacent to the 140-year-old NP bridge that it will replace. The bridge will have generous clearances […]

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BNSF sets all-time low terminal dwell record

FORT WORTH, Texas — BNSF set an all-time monthly record for terminal dwell in July, with cars spending an average of 21 hours in its major yards. Terminals that set new marks for low dwell include Barstow, Calif.; Belen, N.M.; Northtown, Minn.; and Pasco, Wash. BNSF’s intermodal and automotive terminal in Pearland, Texas, which serves […]

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BNSF worker seriously injured in derailment in Denver rail yard

DENVER — A BNSF worker was seriously injured in a derailment at the company’s Globemaster Yard in Denver today (Aug. 5, 2025), KMGH-TV reports. The injury led to amputation of his right leg. The National Transportation Safety Board announced it will investigate the incident. The Denver Fire Department reported on social media that the worker […]

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Coal and efficiency gains power BNSF’s second quarter profit growth

orange locomotive and train comes around curve in Wyoming

OMAHA, Neb. — BNSF Railway’s profits surged in the second quarter thanks to a combination of efficiency gains, lower costs, and higher coal volumes. The railway’s pre-tax earnings increased 11.5%, to $1.8 billion, as revenue increased 0.15%, to $5.7 billion, corporate parent Berkshire Hathaway said on Saturday. Operating expenses declined 4.7% as fuel costs decreased […]

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