(Source: Fort Worth Star Telegram, February 28, 2017)
FORT WORTH, Texas — Declining shipments of oil and coal made for a tough year at BNSF Railway in 2016, pushing down both revenue and profits. The Fort Worth-based railroad, owned by Warren Buffett’s Berkshire Hathaway, reported that revenue declined nearly 10 percent to $19.3 billion, and net income declined 13 percent to $4.3 billion.
Full story: Fort Worth Star Telegram