Higher revenues helped BNSF’s third-quarter net profit rise by 14%, to $1.5 billion, the western U.S. railroad reported Monday.
In contrast, BNSF’s net income in the third quarter of 2020 was $1.3 billion. The railroad is owned by Berkshire Hathaway (NYSE: BRK.B), which filed its quarterly results with the U.S. Securities and Exchange Commission on Monday.
Total revenues were $5.8 billion in the third quarter, a 12% increase from nearly $5.2 billion year-over-year. The average revenue per...
https://www.freightwaves.com/news/bnsfs-q3-net-income-grows-14-on-higher-revenue