Riding the Rails: Why BNI Was Berkshire's Best Bet - And Vintage Buffett [View article]
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.
Riding the Rails: Why BNI Was Berkshire's Best Bet - And Vintage Buffett [View article]