BNSF posts higher revenue, lower operating ratio in 2017

(Source: Progressive Railroading, February 27, 2018)

BNSF Railway Co. posted fourth-quarter and full-year operating income of $2 billion and $7.3 billion respectively, an increase of 11 percent and 10 percent, respectively, compared with the same periods in 2016, the Class I reported yesterday. Fourth-quarter revenue rose 6 percent to $5.6 billion, while full-year revenue increased 8 percent to $21.3 billion. BNSF attributed those results to increases in unit volume for the fourth quarter of 3 percent and full year of 5 percent, as well as higher average revenue per car/unit.

Full story: Progressive Railroading

Wednesday, February 28, 2018