BNSF Railway CEO Katie Farmer confirmed that parent company Berkshire Hathaway remains committed to its long-standing anti-M&A policy, stating it has no interest in acquiring another railroad.

  • Farmer also provided 2026 capital expenditure guidance, projecting spending to be similar to the previous year's $3.8 billion commitment.
  • This guidance confirms a steady investment strategy in BNSF's infrastructure moving forward.