Interview: Buffett explains his $26B railroad bet

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***USATODAY.com Breaking News***

McLEAN, Va. - On Tuesday, renowned investor Warren Buffett turned heads on Wall Street when he placed his biggest bet of his career on rails, purchasing Burlington Northern Santa Fe (BNI) for $26 billion. In an interview with USA TODAY, Buffett says the rail industry, which had its heyday in another era, is primed for a rebound. He trumpets the ability of railroads to move goods from Point A to Point B more efficiently and more environmentally friendly than the fuel-guzzling 18-wheelers that clog the nation's already overcrowded highways. "The rail business is actually in tune with the future," Buffett says. "Trains move goods using far less fuel than alternatives." Click here for full story.

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