WebFeb 27, 2024 · OMAHA, Neb. — BNSF Railway’s revenue and profits fell in 2024 due to the pandemic-related declines in traffic volume, the railroad’s corporate parent, Berkshire Hathaway, reported on Saturday. Pre-tax earnings declined 6.3%, to $6.8 billion, as revenue fell 11.3%, to $20.2 billion. The railroad’s net income fell 5.8%, to $5.2 billion. WebFeb 24, 2024 · A reduction in operating expenses helped Western U.S. railroad BNSF achieve a 4% increase in fourth-quarter net profit and a 5% increase in annual net profit despite lower revenues on both a quarterly …
Buffett says people shouldn’t worry about Berkshire, banks
WebSep 14, 2024 · BNSF is owned by billionaire investor Warren Buffett’s Berkshire Hathaway conglomerate. US railroads have paid out $196bn in stock buybacks and dividends to … Web(a) Operating ratio excludes impacts of BNSF Logistics. Volumes and Revenues Operating income for the first quarter of 2024 was $1.9 billion, an increase of $66 million or 4% compared to the same period in 2024. Operating ratio was 63.7% for the first quarter, an improvement of 1.5% compared to the same period in 2024. taubmans morayfield
BNSF’s Q3 net profit slips 6% despite 16% increase in …
WebFeb 28, 2024 · BNSF has reported record net earnings of $5.99 billion in 2024, up 16.1% from 2024. “Here, it should be noted, we are talking about the old-fashioned sort of earnings that we favor: a figure calculated after interest, taxes, depreciation, amortization and all forms of compensation,” Warren E. Buffett, Chairman/CEO of parent company Berkshire … WebApr 3, 2024 · This aerial photo shows the aftermath of a fiery BNSF train derailment that occurred near Raymond, Minnesota on March 30, 2024. (Photo: Mark Vancleave/Star Tribune via Getty Images) ... Shaw also refused to commit to ending PSR, the profit-maximizing scheduling system that forces fewer workers to manage longer trains in less … WebMar 1, 2024 · On Saturday, freight rail carrier BNSF reported record profits for 2024. The company’s operating income for the year was $8.8 billion, which represented a … taubmans morley