(Source: Progressive Railroading, August 11, 2015)
BNSF Railway Co.’s total revenue in second-quarter 2015 fell 6 percent to $5.4 billion compared with $5.7 billion in second-quarter 2014, but net income rose 5 percent to $963 million compared with $916 million a year ago, the Class I reported last week.
Operating income was $1.8 billion, up 5 percent for the quarter compared with a year ago. Operating expenses fell 11 percent to $3.6 billion for the period. The railroad’s operating ratio came in at 66.3, down from 70.1 during the same period last year.
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