(Source: Progressive Railroading, November 22, 2011)
In 2011’s first nine months, BNSF Railway Co. generated revenue of $14.3 billion, up 35 percent compared with the period between Feb. 13 (when the Class I became a private company owned by Berkshire Hathaway Inc.) and Sept. 30, 2010, according to a Form 10-Q the Class I recently filed with the U.S. Securities and Exchange Commission. The revenue increase is directly attributable to comparing operating results from 273-day and 230-day periods, which primarily caused a 21 percent increase in unit volumes, BNSF officials wrote in the form.
Full story: Progressive Railroading