OMAHA, Neb. — BNSF Railway’s pretax profits increased slightly in 2024 as traffic-mix changes — more intermodal, less coal — and lower fuel surcharge revenue offset an overall 6.5% increase in freight volume.
For the year, BNSF’s pretax earnings increased 0.5%, to $6.64 billion, while revenue declined 0.5%, to $23.35 billion, the railway’s corporate parent, Berkshire Hathaway, reported on Saturday.
BNSF’s net income declined 1.1%, to $5.03 billion. The railway’s operating ratio was 68%, an...
https://www.freightwaves.com/news/bnsf-profits-and-revenue-lag-railways-overall-traffic-growth