BNSF’s fourth-quarter 2021 net profit rose 13% amid an 11% gain in revenues, the western U.S. railroad reported.
Net income was $1.7 billion for the company in the fourth quarter of 2021, compared with net income of $1.5 billion in the fourth quarter of 2020. BNSF (NYSE: BRK.B) is privately held by Berkshire Hathaway.
Total revenues rose 11% in the fourth quarter to $6.3 billion.
Of that, consumer products revenue grew 7% to $2.2 billion despite a 9% loss in volumes that occurred “due to broad...
https://www.freightwaves.com/news/bnsf-profit-grows-13-to-17b-despite-supply-chain-challenges