(Source: Freight Waves, November 7, 2018)
CHATTANOOGA, Tenn. — A decrease in coal volumes did not slow a revenue rise at BNSF Railway Company, which posted a 16% increase in operating revenues in the third quarter compared to Q3 2017. Total revenues in Q3 totaled $6.15 billion. For the nine months ending Sept. 30, 2018, revenue was up 12% to $17.6 billion. The revenue increase led to a lower operating ratio in Q3 of 64.5% compared to Q2’s 66.8%. It was up from 62.4% in Q3 2017. For the nine months ending Sept. 30, 2018, OR is 66.4%, up slightly from 65.5% in the same time period in 2017.
Full story: Freight Waves