(BRK.A), (BRK.B)
BNSF Railway has announced that construction is underway on its newest logistics center, located in Hudson, Colorado, near Denver.
The Logistics Center Hudson is designed to help customers more easily reach Denver and surrounding markets through rail-served sites.
The 430-acre center — situated about 25 miles north of Denver International Airport and 30 miles northeast of downtown Denver — will feature 15 sites for customers that want to ship via individual rail cars and a unit-train site for customers that want to ship entire trainloads.
BNSF’s Logistics centers offer direct-rail service in multi-customer, multi-commodity business parks. BNSF differs from private business parks by investing directly in the development of the facility to create sites in under-served, strategic, and primarily end-user markets.
“Establishing logistics centers, including the one in Hudson, is the latest way we are working to make sure new, existing and potential customers who want to locate on rail in a densely populated, growing industrial market have the option to do so. By purchasing and developing land in advance, we can help our customers save time and money when they are looking to expand or relocate their facility,” said Colby Tanner, BNSF’s assistant vice president, economic development.
© 2019 David Mazor
Disclosure: David Mazor is a freelance writer focusing on Berkshire Hathaway. The author is long in Berkshire Hathaway, and this article is not a recommendation on whether to buy or sell the stock. The information contained in this article should not be construed as personalized or individualized investment advice. Past performance is no guarantee of future results.