(Source: Trains Magazine, November 8, 2021)
FORT WORTH, Texas — BNSF Railway’s third-quarter profits increased on the strength of higher intermodal, industrial products, and coal volume. The railroad’s operating income grew 12%, to $2.6 billion, as revenue increased 12%, to $5.5 billion, BNSF’s parent company, Berkshire Hathaway, reported on Saturday morning. The railroad’s operating ratio improved 0.2 points to 59.5% as productivity improvements helped offset fuel price increases and higher volume-related expenses.
Full story: Trains Magazine