BNSF 1st-qtr profit rises

(Reuters circulated the following article on April 25.)

CHICAGO — No. 2 U.S. railroad Burlington Northern Santa Fe Corp. said on Tuesday that quarterly earnings rose on higher volumes, strong pricing and fuel surcharges.

The Fort Worth, Texas-based company reported first-quarter net profit of $410 million, or $1.09 a share, compared with $321 million, or 83 cents a share, a year earlier.

Wall Street expected earnings of $1.09 per share, according to Reuters Estimates.