HomeLatest ThreadsGreatest ThreadsForums & GroupsMy SubscriptionsMy Posts
DU Home » Latest Threads » Forums & Groups » Main » Latest Breaking News (Forum) » Berkshire Hathaway to sel... » Reply #3

Response to benld74 (Reply #1)

Wed Oct 3, 2012, 07:55 PM

3. HA! No, these-

Berkshire said its MidAmerican Energy utility subsidiary owns the CBEC railroad that brings coal over six miles of track to its power plant south of Council Bluffs.

The White City Terminal Union railroad that serves an industrial park near Medford, Ore., is owned by Railserve Inc. That company is part of the industrial conglomerate Marmon Holdings Inc., in which Berkshire has owned a controlling interest since 2008.

Berkshire said the White City line is only 12 miles long and has two employees and two locomotives. It generates about $250,000 in revenue annually.

We, in my joib at Interstate Commerce Commission, would have noticed this, and might have called him on it.

Friends, who retired with me when ICC was sunset and STB established, probably laughing about this today!

Reply to this post

Back to OP Alert abuse Link to post in-thread

Always highlight: 10 newest replies | Replies posted after I mark a forum
Replies to this discussion thread
Please login to view edit histories.