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Indiaexportnews.com

BNSF profit quarterly up 5.6pc

  06.11.2013    

The BNSF Railway posted a 5.6 per cent third quarter year-on-year profit increase to US$989 million drawn on revenues of $5.65 billion, up 5.8 per cent.
Quarterly freight volume was up 4.6 per cent year on year with a 5.4 per cent increase in intermodal. Domestic shipments drove intermodal gains, said the Berkshire Hathaway-owned company in its third quarter filing.
The railway was the only US Class I carrier to see an increase in coal traffic, which increased 4.9 per cent year on year with revenue up five per cent from this segment alone, according to the Shipping Gazette. 


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