(Source: Progressive Railroading, February 26, 2019)
BNSF Railway Co. posted fourth-quarter operating income of $2.1 billion, up 3 percent over the same quarter’s results in 2017. A subsidiary of Berkshire Hathaway Inc., BNSF logged quarterly revenue of $6.2 billion, up 10 percent, and a net income of $1.4 billion, up 30 percent, compared with 2017’s results, according to a BNSF financial performance summary. For full-year 2018, BNSF reported operating income of $7.8 billion, up 7 percent, and total revenue of $23.9 billion, up 12 percent, compared with 2017’s results. Year over year, Q4 net income climbed 34 percent to $5.2 billion.
Full story: Progressive Railroading