Natalie Feng Lin

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Measured by ton-miles, rail moves 42% of America’s inter-city freight, and BNSF moves more than any other railroad — about 37% of the industry total. A little math will tell you that about 15% of all inter-city ton-miles of freight in the U.S. is transported by BNSF. It is no exaggeration to characterize railroads as the circulatory system of our economy. Your railroad is the largest artery. All of this places a huge responsibility on us. We must, without fail, maintain and improve our 23,000 miles of track along with 13,000 bridges, 80 tunnels, 6,900 locomotives and 78,600 freight cars. This ...more
Berkshire Hathaway Letters to Shareholders: 1965-2024
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