August 8, 2017 – ProgressiveRailroading.com –
BNSF Railway Co. reported revenue jumped 14.5 percent to $5.3 billion on higher volumes and increased average revenue per car during the second quarter compared with the same period a year ago.
BNSF’s pretax net earnings rose 24 percent to $1.5 billion in Q2 2017 compared with the same period in 2016, according to the second-quarter earnings report of BNSF’s parent company, Berkshire Hathaway Inc.
After tax net income for the second quarter was $958 million, compared with $772 million in the year-ago period.
For the first half of this year, BNSF’s revenue increased 11.6 percent to $10.4 billion, while pre-tax earnings rose 15.5 percent to $2.9 billion compared with the same period a year ago.
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