Buffett Buys Stake in Pilot Flying J Truck Stop Chain

The transcript discusses a major investment by Warren Buffett in a large privately owned American company with 27,000 employees and $20 billion in annual revenue. Buffett plans to increase his stake to 80% by 2023, becoming the majority owner. The current management, led by CEO Jimmy Haslam, will remain in place, and the Haslam family will retain a significant stake. Buffett sees the company as a key part of American infrastructure with strong growth potential, particularly through organic growth and smaller acquisitions. He is not concerned about the impact of driverless trucks on the business.

In what ways does Buffett view the company's role in American infrastructure?

What concerns does Buffett have regarding the future of the trucking industry?