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The week's question
In December 2024, in the thread "Re: BRK: Why Not XOM?", BreckHutHigh asked the members: "What about the long road trips with kids?" This week it is put to everyone again. The button below opens the small thread re-asking it - read what others have said so far, then give your own answer as an ordinary reply.
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Stocks A to Z / Stocks B / Berkshire Hathaway (BRK.A)
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Author: AdrianC   😊 😞
Number: of 21942 
Subject: Car Shipping Issues
Date: 06/17/23 9:54 AM
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apple.news: 70,000 new cars are stuck at factories as consumers face delays: Here's what's going on

70,000 new cars are stuck at factories as consumers face delays: Here's what's going on

'In a May 25 speech to the North American Rail Shippers Association (NARS), Oberman said in "recent months underinvestment in equipment and labor by BNSF (railroad) has resulted in a severe shortage of the railroads' ability to move rail cars to major auto manufacturers ' autoracks in particular ' to take finished vehicles to market."

He said in May that at least 70,000 new vehicles were parked near plants awaiting rail cars to get to dealerships. He said because automakers struggle to move vehicles, "auto manufacturers have already reduced production schedules by at least 50,000 vehicles."

Seems a bit unfair to single out BNSF.

There certainly is a shortage of inventory at car dealers. Not even cars to test drive. Was told by one dealer to order one and test drive when it eventually shows up. Quite frustrating.

We've resorted to abusing the hospitality of CarMax by test driving nearly new vehicles there. No intention of paying CarMax's ridiculous prices, which in many cases are more than new MSRP. I'd rather wait for a new one. Understand some folks can't wait, otherwise how else would CarMax be selling these vehicles?
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This community has written 21,448 posts about Berkshire Hathaway. The article-length ones it recommended most:
BRK: Why Not XOM? · 62 recs · 2024
Second quarter comments · 60 recs · 2023
Berkshire's Profit Contributors · 57 recs · 2023
Summary of 2Q 2026 · 54 recs · 2026
3Q Summary · 53 recs · 2024
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