November 5, 2019 - ProgressiveRailroading.com -
BNSF Railway Co. reported third-quarter operating income rose 3 percent to $2.2 billion, while total revenue fell 2 percent to $6 billion compared with the same period a year ago.
Increased rates per car were partially offset by a 3 percent decrease in unit volume caused by flooding on parts of the network, according to a financial statement on BNSF's website. BNSF is owned by Berkshire Hathaway Inc.
Read more: https://www.progressiverailroading.com/bnsf_railway/news/BNSF-posts-higher-Q3-operating-income-lower-revenue--58997
BNSF Railway Co. reported third-quarter operating income rose 3 percent to $2.2 billion, while total revenue fell 2 percent to $6 billion compared with the same period a year ago.
Increased rates per car were partially offset by a 3 percent decrease in unit volume caused by flooding on parts of the network, according to a financial statement on BNSF's website. BNSF is owned by Berkshire Hathaway Inc.
Read more: https://www.progressiverailroading.com/bnsf_railway/news/BNSF-posts-higher-Q3-operating-income-lower-revenue--58997