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BNSF Retakes Share From Union Pacific After Buffett Rebuke

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BNSF Railway Co. won back market share for grain and agriculture commodities that it lost to Union Pacific Corp. in 2014 when the railroad owned by Warren Buffett struggled to keep up with customer demand.

In last year’s first quarter, BNSF lost about 4 percentage points of market share for carrying grain, fertilizer and other farm-related goods to its main competitors, said John Miller, vice president for agriculture products at BNSF.