Acquisition affirms importance of rail, group says

Berkshire Hathaway's $44 billion acquisition of Burlington Northern Santa Fe Corp. has made for welcome news in an industry that has seen freight-car loadings decline 18% this year through Oct. 24, according to AAR. The takeover "affirms the importance of freight rail to our nation's economic health," said Holly Arthur, spokeswoman for AAR. Freight railroads, such as BNSF, are expected to benefit from federal investment aimed at boosting passenger rail service. The Obama administration is also aware that the industry supports regulatory steps that would help it move freight more efficiently.

View Full Article in:

Reuters · Topeka Capital-Journal (Kan.), The · St. Louis Post-Dispatch · Wall Street Journal, The

Published in Brief:

SmartBrief Job Listings for Transportation

Job Title Company Location
Pricing Analyst I, II or III Sr.
Alaska Airlines
Seattle, WA
Engineer - Avionics Project
United Airlines
Chicago, IL
Manager, Flight Training Center Operations
Southwest Airlines
Dallas, TX
Crew Planning and Analysis Manager
Spirit Airlines
Miramar, FL
Ramp Operations Manager (OA) - Seattle
Menzies Aviation
Seattle, WA