North Dakota official criticizes BNSF Railway, Warren Buffett over rail shipment delays [View all]

[Omaha Steve]

Source: Omaha World Herald

By Russell Hubbard

FARGO, N.D. – The North Dakota Public Service Commission criticized BNSF Railway and Berkshire Hathaway Chairman Warren Buffett at hearing today on rail shipment delays.

Commissioner Julie Fedorchak told the federal Surface Transportation Board that farmers in her state are "captive shippers with a perishable product and no other rail options" who are being harmed by delays on the BNSF network.

Particularly galling, Fedorchak said, is that BNSF owner Berkshire Hathaway bragged about the railway's profits and foresight in Buffett's famed annual investor letter last year.

"I do not think our shippers would agree," Fedorchak said.

FULL story at link. Comments below photo.



Read more: http://www.omaha.com/money/north-dakota-official-criticizes-bnsf-railway-warren-buffett-over-rail/article_b218773e-3433-11e4-a4bd-001a4bcf6878.html

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Remember that Berkshire Hathaway owns the Omaha World Herald.

Oil before food: high volumes of other goods such as oil contributed to the delays.