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Buffette buys BNSF, name change?

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Buffette buys BNSF, name change?
Posted by BT CPSO 266 on Wednesday, November 4, 2009 8:33 AM

 Know that Berkshire Hathaway owns the BNSF is the name BNSF even going to exist anymore. I hope not.

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Posted by zardoz on Wednesday, November 4, 2009 8:48 AM

They'll keep the name..

Buffet

Never

Sells

Foolishly

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Posted by schlimm on Wednesday, November 4, 2009 9:21 AM

 Buffett is not known for foolish investments.  ~$29 Bil. for a railroad isn't chump change. Perhaps rail is the hi-tech of today?

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Posted by Paul_D_North_Jr on Wednesday, November 4, 2009 10:23 AM

Laugh Good one there, zardoz Thumbs Up

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Posted by DMUinCT on Wednesday, November 4, 2009 11:07 AM

Berkshire Hathaway, AKA Warren Buffet, buys only top line companies within a given growing industry. Companies with Top Management already in place, a leader in Market Share, and with first class Infrastructure.

Buffet has never contended to be an expert in any of the industries he buys. He buys it BECAUSE it already has Top Management in place who know that industry.  He only asks they continue to be honest, hard working, proftable for its new stockholder.  Then no problem and few changes.  

Berkshire Hathaway Co., a textile mill founded in 1839 in Rhode Island as the Valley Falls Co.,merged with Berkshire Fine Spining Asso., then with Hathaway Mfg. Co..  Berkshire Hathaway was headquarted in New Bedford MA.  In 1962, enter Warren Buffet --------------

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Posted by wjstix on Wednesday, November 4, 2009 11:28 AM

I guess Berkshire Hathaway could change the name of BNSF to "The Berkshire Lines", but then that nickname is already being used by the Rensselaer Model Railroad Society's New England Berkshire & Western model railroad, at Rensselaer Polytechnic Institute....

Smile

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Posted by DMUinCT on Wednesday, November 4, 2009 11:53 AM

wjstix

I guess Berkshire Hathaway could change the name of BNSF to "The Berkshire Lines", but then that nickname is already being used by the Rensselaer Model Railroad Society's New England Berkshire & Western model railroad, at Rensselaer Polytechnic Institute....

Smile

Not unless you want to move the BNSF to the east coast. 

The Berkshire Mountains is a barrier mountain range in western Massachusetts penetrated by the 1 mile long State Line Tunnel on the Boston & Albany (now CSX) and the 5 mile long Hoosac Tunnel on the Boston & Maine (now Pan Am Southern AKA Gilford/ Norfolk Southern).   The damp weather in the New England states made it an ideal home for the American textile industry that spun Southern Cotton.  Berkshire Hathaway was one of the largest.

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Posted by Mookie on Wednesday, November 4, 2009 12:55 PM

Buffett Nebraska - Sounds Fine to me!

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Posted by BT CPSO 266 on Wednesday, November 4, 2009 1:12 PM

"Great Western Railway"

"Western Lines"

 

I think these names are appropriate. Most of my friends who aren't familiar with the railroads didn't understand what the name meant or where it was(course most didn't even know there was such a railroad in the country or even do anything anymore).

 There was an article in an issue of TRAINS Magazine stating that railroad names like BNSF & CSX could use a name change to state where they operate.

 

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Posted by BT CPSO 266 on Wednesday, November 4, 2009 1:15 PM

BT CPSO 266

 Know that Berkshire Hathaway owns the BNSF is the name BNSF even going to exist anymore. I hope not.

 

 When I say "I hope not" I mean I hope that the name BNSF doesn't change, unless it helps identify where to RR operates (or unless the STB ever allows a west - east merger)

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Posted by wjstix on Wednesday, November 4, 2009 2:59 PM

DMUinCT

wjstix

I guess Berkshire Hathaway could change the name of BNSF to "The Berkshire Lines", but then that nickname is already being used by the Rensselaer Model Railroad Society's New England Berkshire & Western model railroad, at Rensselaer Polytechnic Institute....

Smile

Not unless you want to move the BNSF to the east coast. 

The Berkshire Mountains is a barrier mountain range in western Massachusetts penetrated by the 1 mile long State Line Tunnel on the Boston & Albany (now CSX) and the 5 mile long Hoosac Tunnel on the Boston & Maine (now Pan Am Southern AKA Gilford/ Norfolk Southern).   The damp weather in the New England states made it an ideal home for the American textile industry that spun Southern Cotton.  Berkshire Hathaway was one of the largest.

Yes I know where the Berkshire mountains are. It was a joke based on the new owner's company being named Berkshire Hathaway.

As a side note, except for a merger or re-organization (like after a bankruptcy), I can't offhand think of a railroad that just up and changed their name for basically no reason?? I'm not counting situations like where a RR adopted their commonly used nickname, like the New York, Chicago & St. Louis becoming the Nickel Plate Road, or Minneapolis, St.Paul and Sault Ste. Marie becoming the Soo Line (although come to think of it, that was part of a consolidation with subsidiaries WC and DSS&A).

Stix
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Posted by dmoore74 on Wednesday, November 4, 2009 8:25 PM

DMUinCT

wjstix

I guess Berkshire Hathaway could change the name of BNSF to "The Berkshire Lines", but then that nickname is already being used by the Rensselaer Model Railroad Society's New England Berkshire & Western model railroad, at Rensselaer Polytechnic Institute....

Smile

Not unless you want to move the BNSF to the east coast. 

The Berkshire Mountains is a barrier mountain range in western Massachusetts penetrated by the 1 mile long State Line Tunnel on the Boston & Albany (now CSX) and the 5 mile long Hoosac Tunnel on the Boston & Maine (now Pan Am Southern AKA Gilford/ Norfolk Southern).   The damp weather in the New England states made it an ideal home for the American textile industry that spun Southern Cotton.  Berkshire Hathaway was one of the largest.

Not related to the sale but the State Line Tunnel falls about 5,000 feet short of being a mile long.

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Posted by Paul_D_North_Jr on Wednesday, November 4, 2009 8:57 PM

I wondered about that, too - I've been in the area as recently as last weekend, and didn't remember it as being that long.  The railroad article near the bottom of this source says it's 600 feet long: 

 http://www.southwoodsmagazine.com/jul04.html 

And that's something else I didn't know until tonight - that it is/ was actually 2 parallel bores.  As I understand it, the old westbound one was the first and the smaller of the two, and so was abandoned by ConRail in the late 1980's in favor of a single track through the newer/ larger former eastbound bore.

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Posted by Paul_D_North_Jr on Wednesday, November 4, 2009 9:09 PM

From an aerial photo at http://www.pennpilot.psu.edu/ I scale it to be about 440 ft. / 150 yds. long.  It's where Tunnel Hill Road crosses over the B&A main, at about 1 mile north of I-90 = NY State Thruway's eastern extension, and about 2.5 miles northwest of the actual NY-Mass. State Line.

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Posted by STEVEL on Wednesday, November 4, 2009 9:25 PM

I WOULD LIKE TO SEE A NEW  "  SANTA FE "   WITH RED WARBONNET PAINT

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Posted by wjstix on Thursday, November 5, 2009 10:31 AM

The RPI model club layout I mentioned does a good job of re-creating State Line Tunnel, their website has a lot of info on the real one and their model version.

http://railroad.union.rpi.edu/article.php?article=216&q=state+line+tunnel+

Fellow trains.com forum member "Deadhead Greg" posted a nice pic of the model tunnel (and many other great pics of their layout) on one of the Model Railroader magazine forums about a year ago:

http://cs.trains.com/trccs/forums/p/132623/1489900.aspx#1489900

 

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Posted by carnej1 on Thursday, November 5, 2009 10:57 AM

I cannot think of one instance where Berkshire Hathaway has changed the name of a company they have acquired so why would they start now?

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Posted by selector on Thursday, November 5, 2009 12:06 PM

I dunno...Buffette doesn't amount to much of an improvement, to me....

Big Smile

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How about a new name with the same initials?
Posted by garyla on Thursday, November 5, 2009 1:26 PM

Buffett's North-South Ferrocarril

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Posted by mudchicken on Thursday, November 5, 2009 1:41 PM

BT CPSO 266

"Great Western Railway"

"Western Lines"

 

I think these names are appropriate. Most of my friends who aren't familiar with the railroads didn't understand what the name meant or where it was(course most didn't even know there was such a railroad in the country or even do anything anymore).

 There was an article in an issue of TRAINS Magazine stating that railroad names like BNSF & CSX could use a name change to state where they operate.

 

I don't think Pat Broe is gonna just hand over the Great Western name. The railroad, by that name, has been around since 1902 and will be around for a while longer.

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Posted by BrianLM007 on Thursday, November 5, 2009 1:43 PM

 It's very doubtful.  Some of Berkshire's subsidiaries include Dairy Queen, Fruit of the Loom, GEICO and NetJets, which to my knowledge haven't had their names changed by Warren Buffett.  IF BNSF chooses to change its name, it is because BNSF management decided to do so.

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Posted by Bruce Kelly on Thursday, November 5, 2009 2:32 PM
Without plowing through my NY DeLorme (which overlaps into Mass.), Northeast topos, and back issues of Railpace and R&R, I'll go from memory and say the B&A did not cross the summit of the Berkshires at the State Line Tunnels but crossed that barrier well east of Pittsfield. Oh yeah, if that model of the tunnel face is riddled with tiny holes, it's probably the same layout I saw years ago where they mistakenly thought the little black spots on the rock face were pigeon holes. The spots are actually metal plates which are anchored into the rock, not just on the tunnel exterior but all the way along the tunnel ceilings as well. At least that's what I remember (and photographed) from my last visit there 19 years ago.
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Posted by benburch on Thursday, November 5, 2009 3:20 PM

How about "BNSF Transcontinental" and just label everything "Transcon"

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Posted by Paul_D_North_Jr on Thursday, November 5, 2009 4:22 PM

Bruce Kelly
 [snip] . . . I'll go from memory and say the B&A did not cross the summit of the Berkshires at the State Line Tunnels but crossed that barrier well east of Pittsfield. . . . [snip]

You're right, Bruce - at least according to the April 2004 Mountain Railroads issue of Trains - and that is a little bit of a surprise for me at least.  On page 32 with the profiles for the New England Gateway Routes, the one for the Boston & Albany shows the summit of the Berkshires as being at Hinsdale at elev. 1456 ft., which is about 12 miles (scaled) east of Pittsfield (which is in a little dip at elev. 1020 ft.) on a mostly +1.4 per cent grade.  There'a another summit shown over the Coastal Divide further east at Charlton at elev. 895 ft.

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Posted by SFbrkmn on Thursday, November 5, 2009 5:41 PM
BNSF stock was selling at $70.00 per share. Buffette bought the shares at $100. per--30% overpriced. He must know something we don't. This guy is no dummy. I certainly hope it all works out well. There are no plans to change the rr name, nor the CEO and nothing is in the works to relocate to Buffetts home base of Omaha.
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Posted by sundayniagara on Thursday, November 5, 2009 8:57 PM

STEVEL

I WOULD LIKE TO SEE A NEW  "  SANTA FE "   WITH RED WARBONNET PAINT

 

 

Post of the twenty-first century!!!!!!!!!!!!!!!!!!!!!!!!!!

http://www.hon3forums.com http://www.americandragracing.com http://www.sundayniagara.com http://www.yorkreunion.com BE THERE!!!!!!!!!!!!!!!!!!!!!!!!!
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Posted by Bruce Kelly on Thursday, November 5, 2009 11:08 PM

Paul, that April 2004 Trains profile was intentionally simplified. The B&A's summit was actually about three miles east of Hinsdale, closer to Washington really. The site was marked, at least in Conrail days, by a sign which read, "TOP OF THE BOSTON LINE...1,459 FT A.S.L."

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Posted by Boyd on Friday, November 6, 2009 12:18 AM

 Maybe he should hire Jimmy Buffet to write songs for BNSF commercials.

Other names: DLR (David Lee Roth)

VHRR (Van Halen Railroad)

 

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Posted by carnej1 on Friday, November 6, 2009 11:23 AM

Boyd

 Maybe he should hire Jimmy Buffet to write songs for BNSF commercials.

Other names: DLR (David Lee Roth)

VHRR (Van Halen Railroad)

 

Jimmy and Warren are, in fact distant cousins but how does Van Halen figure into this?

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Posted by BNSFwatcher on Saturday, November 7, 2009 9:03 AM

Don't worry!  When Buffette (sic) gains control, it will be called BNSFe Railway, but later changed to "Gekko Rail".  Maybe "Gekkoe Rail".  Dunno.

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