ripesco questa segnalazione di killer , e son andato a guardarmi cosa fa Burlington Northern Santa Fe.. direi che è un ci-ci-nin diversa da FNM, molto più focalizzata sul Cargo (qui sotto la company overview di Reuters), però ora FNM è tornata intorno ai 0,7 EUR
Burlington Northern Santa Fe Corporation (BNSF), incorporated on December 16, 1994, through its subsidiaries, is engaged primarily in the freight rail transportation business. BNSF Railway is the Company’s principal operating subsidiary. In serving the Midwest, Pacific Northwest and the Western, Southwestern and Southeastern regions and ports of the United States, BNSF transports a range of products and commodities derived from manufacturing, agricultural and natural resource industries. The Company’s freight business consists of consumer products, industrial products, coal and agricultural products. The Consumer Products’ consists of three business areas: international intermodal, domestic intermodal and automotive. Industrial Products’ consists of five business areas: building products, construction products, petroleum products, chemicals and plastics products, and food and beverages. The Agricultural Products’ freight business transports agricultural products, including corn, wheat, soybeans, bulk foods, fertilizer and other products. BNSF is one of the transporters of low-sulfur coal in the United States.
As of December 31, 2007, BNSF Railway operated over a railroad system consisting of approximately 32,000 route miles of track (excluding multiple main tracks, yard tracks and sidings), approximately 23,000 miles, of which are owned route miles, including easements, in 28 states and two Canadian provinces. Approximately 9,000 route miles of BNSF Railway’s system consist of trackage rights that permit BNSF Railway to operate its trains with its crews over other railroads’ tracks. As of December 31, 2007, the total BNSF Railway system, including single and multiple main tracks, yard tracks and sidings, consisted of approximately 50,000 operated miles of track, all of which are owned by or held under easement by BNSF Railway except for approximately 10,000 route miles operated under trackage rights. At December 31, 2007, approximately 26,000 miles of BNSF Railway’s track consisted of 112-pound per yard or heavier rail, including approximately 20,000 track miles of 131-pound per yard or heavier rail.
Consumer Products
The Consumer Products’ freight business provided approximately 37% of freight revenues during the year ended December 31, 2007, and consisted of business sectors, such as International Intermodal, Domestic Intermodal and Automotive. The International business consists primarily of container traffic from steamship companies, such as Maersk, Yang Ming and Hyundai. International Intermodal accounted for approximately 46% of total Consumer Products revenues in 2007.
The Domestic Intermodal generated approximately 45% of total Consumer Products revenue. As of December 31, 2007, the Domestic Intermodal comprised business areas, such as truckload/intermodal marketing companies and expedited truckload/less-than-truckload. The Truckload business area comprises full truckload carriers, such as J.B. Hunt Transportation, Schneider National and Swift Transportation. The Intermodal Marketing Companies business area comprises shippers’ agents and consolidators, such as the Hub Group. The expedited truckload/less-than-truckload business area comprises less-than-truckload carriers and parcel carriers, such as United Parcel Service and YRC Worldwide. It also includes expedited truckload carriers, such as Werner Enterprises, Stevens Transport and U.S. Xpress Enterprises.
The Automotive business sector includes the transportation of both assembled motor vehicles, primarily those manufactured outside of the United States, and shipments of vehicle parts to numerous destinations throughout the Midwest, Southwest, West and Pacific Northwest. It generated approximately 9% of total Consumer Products revenues.
Industrial Products
The Industrial Products’ freight business provided approximately 24% of BNSF’s freight revenues in 2007, and consisted of five business areas: building products, construction products, petroleum products, chemicals and plastics products, and food and beverages. Building products sector generated approximately 29% of total Industrial Products revenues in 2007, and included primary forest product commodities, such as lumber, plywood, oriented strand board, particleboard, paper products, pulpmill feedstocks, wood pulp and sawlogs. Also included in this sector are government, machinery and waste traffic. Commodities from this group primarily originate from the Pacific Northwest, Western Canada, upper Midwest and the Southeast for shipment mainly into domestic markets. Industries served include construction, furniture, photography, publishing, newspaper and industrial packaging. Shipments of waste, ranging from municipal waste to contaminated soil, are transported to landfills and reclamation centers across the United States. The government and machinery business includes aircraft parts, agricultural and construction machinery, military equipment and large industrial machinery.
The construction products sector represented approximately 33% of total Industrial Products revenues in 2007. This sector serves virtually all of the commodities included in or resulting from the production of steel along with mineral commodities, such as clays, sands, cements, aggregates, sodium compounds and other industrial minerals. Industrial taconite, an iron ore derivative produced in northern Minnesota, scrap steel and coal coke are BNSF’s primary input products transported. Finished steel products range from structural beams and steel coils to wire and nails. BNSF links the integrated steel mills in the East with fabricators in the West and Southwest. Service is also provided to various mini-mills in the Southwest that produce rebar, beams and coiled rod for the construction industry. Industrial minerals include various mined and processed commodities, such as cement and aggregates (construction sand, gravel and crushed stone). Borates and clays move to domestic points, as well as to export markets primarily through West Coast ports. Sodium compounds, primarily soda ash, are moved to domestic markets for use in the manufacturing of glass and other industrial products.
Petroleum products group generated approximately 16% of total Industrial Products revenues in 2007. Commodities included in the petroleum sector are liquefied petroleum gas (LPG), diesel fuels, asphalt, alcohol, solvents, petroleum coke, lubes, oils, waxes and carbon black. Product use varies based on commodity and includes the use of LPG for heating purposes, diesel fuel and lubes to run heavy machinery and asphalt for road projects and roofing. Products within this group originate and terminate throughout the BNSF network, with the largest areas of activities being the Texas Gulf, Pacific Northwest, California, Montana and Illinois.
The chemicals and plastics sector represented approximately 14% of total revenues for Industrial Products in 2007. This group comprises industrial chemicals and plastics commodities. These commodities include caustic soda, chlorine, industrial gases, acids, polyethylene, polypropylene and polyvinyl chloride. Industrial chemicals and plastics resins are used by the automotive, housing and packaging industries, as well as for feedstocks, to produce other chemical and plastic products. These commodities originate primarily in the Gulf Coast region for shipment mainly into domestic markets.
Food and Beverages represented approximately 8% of total revenues for Industrial Products in 2007. This group consists of beverages, canned goods and perishable food items. Other consumer goods, such as cotton, salt, rubber and tires, and miscellaneous boxcar shipments are also included in this business area.
Coal
In 2007, the transportation of coal contributed about 21% of freight revenues. BNSF is one of the transporters of low-sulfur coal in the United States. More than 90% of all BNSF’s coal tons originate from the Powder River Basin of Wyoming and Montana. These coal shipments were destined for coal-fired electric generating stations located primarily in the North Central, South Central, Southeast, Mountain and Pacific Northwest regions of the United States. BNSF also transports coal from the Powder River Basin to markets in Canada and the eastern United States. Other BNSF coal shipments originate principally in Colorado, Illinois, New Mexico and North Dakota. These shipments move to electrical generating stations and industrial plants in the Mountain and North Central regions of the United States and to Mexico.
Agricultural Products
The transportation of Agricultural Products provided approximately 18% of freight revenues in 2007. These products include wheat, corn, bulk foods, soybeans, oil seeds and meals, feeds, barley, oats and rye, flour and mill products, milo, oils, specialty grains, malt, ethanol and fertilizer. The Company is developing and operating a shuttle network for grain and grain products. In addition to serving grain-producing areas, BNSF serves terminal, storage, feeding and food-processing locations. In addition, BNSF has access to export markets in the Pacific Northwest, western Great Lakes, Texas Gulf and Mexico.
The Company competes with Union Pacific Railroad Company
