BNSF Railway Co., the carrier owned by Warren Buffett’s Berkshire Hathaway Inc., will need the rest of 2014 to untangle train tie-ups in the corridor that serves North Dakota’s Bakken shale region.
A system-wide traffic jam, caused by surging grain and crude-oil volumes coupled with harsh weather, is being resolved on the southern lines linking Chicago and Los Angeles, Chief Executive Officer Carl Ice said yesterday in an interview at the railroad’s headquarters in Fort Worth, Texas.
Raed the complete story at Bloomberg News.