Who Berkshire Hathaway buys from and sells to
Conglomerate: GEICO and reinsurance, BNSF railroad, BHE utilities, manufacturers, OxyChem, and a stock portfolio.
Buys from 2
Sells to 4
- J.B. HuntJBHTintermodal container haulage on BNSF
- UPSUPSintermodal parcel trains on BNSF
- US driversGEICO auto insurance policies
- Utility ratepayerselectricity from PacifiCorp, MidAmerican and NV Energy
Where the chain could break
- PacifiCorp wildfire lawsuits in Oregon and California
- Auto insurance underwriting cycle drives GEICO profits
- Equity portfolio concentrated in a few names (Apple, AmEx, Bank of America)
Competes with
- ProgressivePGRdirect auto insurance, against GEICO
- Union PacificUNPwestern US rail freight, against BNSF
- OlinOLNchlor-alkali and vinyls, against OxyChem
Mapped by hand from filings and company reporting, as of October 2026. It shows the relationships that matter most, not every contract: most are never disclosed, and agreements change.