Multiple wildfires in Northern California have caused “significant damage” to BNSF’s rail infrastructure in the area, and the threat isn’t over yet.
BNSF (NYSE: BRK.B) suspended rail operations between Stockton, California, and Klamath Falls, Oregon, because of wildfires in the region. But one blaze, the Dixie fire, is only 23% contained, and it is moving closer to BNSF’s main line between Almanor and Keddie, California, BNSF said in a Wednesday service advisory.
The Dixie fire has already burned...
https://www.freightwaves.com/news/northern-california-wildfires-damage-bnsfs-rail-infrastructure