(Source: Trains Magazine, May 8, 2023)
BNSF’s pre-tax earnings declined 8.8%, to $1.6 billion, as revenue increased 1.9%, to $5.8 billion, BNSF’s parent, Berkshire Hathaway, reported on Saturday. The railroad’s operating ratio was 68.4%, a 3.8-point increase from a year ago, as costs rose 7.8%. Overall volume declined by 10.3% in the first quarter.
Full story: Trains Magazine