BNSF posts 37 percent gain in Q1 net income

From Progressive Railroading Magazine; May 8, 2018

BNSF Railway Co. reported first-quarter 2018 total revenue rose 8 percent to $5.6 billion from $5.2 billion a year ago as a result of a 5 percent increase in unit volume.

First-quarter net income net income soared 37 percent to $1.1 billion from $838 million a year ago, while operating income climbed 11 percent to $1.7 billion from $1.6 billion, BNSF reported in a press release.

Click here to read the full story.

 

Please share with others