toobad41

Is Berkshire’s Burlington Move All About Coal?

I agree with most of the comments above. Transportation in the future will rely heavily on the rail system. Not just for coal but for all of industry and commodities in general. I have indicated in other blogs that the sun is setting on the trucking industry and the railroad will be up the slack. In fact, I have seen it in my own community where rail transportation has increased tremendously and the trains move at speeds of 60 mph through town. All of the cars are stacked two high with shipping containers.

Riding the Rails: Why BNI Was Berkshire's Best Bet - And Vintage Buffett

Rising fuel prices will dictate which mode of transportation for goods and services will survive. Mr. Buffett sees this clearly and has made his move now. It won't be long when we will see fewer 18 wheelers on the highways because higher fuel pricing will not support there use. Sure trucks will still be used but only locally from the rail depot to the business. The sun is setting on the trucking industry. Mr. Buffett sees this.