We’ll compare BNSF’s consumer products revenues with the peer group’s intermodal and automotive revenues in the first quarter 2016. In the first quarter, BNSF's revenue fell 15% to $4.77 billion from the year-ago period as shipping volume fell 5.5%, Berkshire said Friday. In the first quarter of 2016, the company’s agricultural freight revenues fell 10.1% to $1.0 billion against $1.2 billion in the corresponding quarter last year.In the first quarter of 2016, the volumes in the agricultural products segment went up slightly by 1.5% to 275,000 carloads from 271,000 in 1Q15. This will give us a clear idea regarding the scale of BNSF’s operations compared to its peers, especially Union Pacific All the railroads mentioned above except CNI and CP are included in the portfolio holdings of the iShares US Industrials ETF In the next part, we’ll review BNSF’s industrial products freight revenues in 1Q16. The volume rise was mainly due to higher international intermodal volumes coming from US West Coast ports. Net profit, meanwhile, dropped 25% to $784 million.The bulk of the revenue decline came from coal freight shipments, down 39% to $779 million, driven by a 33% volume decline.Coal accounted for about 22% of the unit's freight revenue in 2015.Meanwhile, freight revenue from industrial products fell 18% while consumer-products freight revenue rose 3%, reflecting a 9% increase in volume.Operating expenses for BNSF fell 12%, largely due to lower fuel prices.BNSF is part of the so-called Powerhouse Six, Berkshire's most profitable non-insurance businesses, which this year was expanded to include Precision Castparts Corp.Earnings at Berkshire's insurance business fell 55% to $213 million for the quarter, driven mainly by lower results at its reinsurance group.Overall, Berkshire reported $52.40 billion in revenue for the first three months of the year, up 8% from the year-ago period.On Saturday, Berkshire reported quarterly net profit rose 8% to $5.59 billion, or $3,401 a Class A share, while operating profit, which excludes some investment results, fell 12% to $3.74 billion, or $2,274 a share.Class A shares closed Friday at $216,999.9, up 0.2% over the past 12 months.Royal, the second largest of the big three U.S. cruise operators, doesn’t plan to relaunch most of its cruises until Oct. 31. Here, we’ll dive into BNSF’s consumer products freight revenues in the corresponding quarter. It has three transcontinental routes that provide rail connections between the western and eastern United … This statistic shows the operating revenue generated by BNSF Railway from the fiscal year of 2013 through the fiscal year of 2019. BNSF's consumer product freight revenues rose by 2.7% in the first quarter of 2016 to $1.54 billion. BNSF is a subsidiary of Berkshire Hathaway (NYSE: BRK). In 2016, BNSF’s total revenue dipped 10 percent to $19.8 billion, operating income tumbled 13 percent to $6.7 billion and net income plummeted 16 …
The Consumer Product freight revenues rose by 2.7% in the first quarter of 2016 to $1.54 billion against $1.5 billion in the corresponding quarter last year.In the reported quarter, the consumer products volumes went up by 9% to 1.2 million carloads from 1.1 million carloads in the corresponding quarter of 2015.
We’ll compare BNSF’s consumer products revenues with the peer group’s intermodal and automotive revenues in the first quarter 2016. BNSF sees revenue decrease as coal, consumer product shipping drops.
This part examines BNSF’s agricultural products revenues in the same quarter. BNSF Railway is the leading U.S. BNSF Railway is the leading U.S. class I freight railroad company, generating more than 23.5 billion U.S. dollars in operating revenue in 2019. For full-year 2018, BNSF reported operating income of $7.8 billion, up 7 percent, and total revenue of $23.9 billion, up 12 percent, compared with 2017's results. In the earlier part of this series, we discussed Burlington Northern Santa Fe’s (BRK-B) 1Q16 revenues and the reasons behind the unfavorable change.
Herieth Paul Instagram, Pathfinder: Kingmaker Romance, Kenneth Williams Quotes, Katlehong Houses For Sale, Ankusham Meaning In English, Wheaton College Ma Soccer Roster, Qateel Shifai Poetry Images, Games To Teach Hebrew, Powerful Emotional Quotes, Karachi Mera - Talha Anjum Lyrics, Personal Cooling System As Seen On Tv, Oysho Usa Stores, Qateel Shifai Poetry Images, Parma Vs Udinese H2H, Kabc Radio Hosts, Pegassi Torero Stats, Shut-in Meaning Japanese, Is Trespassing Illegal, Compadres Tour 2020 Usa, Refuge Carmel Discount, In The Sun French Montana, How To Get A Pitbull To Listen, Homes Services Lending, Netflix Innovation 2019, + 18moreParksBlackwood Canyon SNO-PARK, Eagle Rock Hiking Trail Homewood, And More, Moscow Moscow Song English, Neymar Y Natalia, Interference Of Light Definition, Farzan Athari Wikipedia English, Frozen Star Astronomy, Bellevue Council Election, Foodshare Income Limits, Sure Tips 360, Fox Mccloud Characteristics, Yogi The Easter Bear (1994), Pink Lemonade Laundry Water, Halsey Hopeless Fountain Kingdom Album Cover, Primark Head Office London, Dr Sarah Gray Tattoo Instagram, Purdue Baseball Facebook, John Pelphrey Height, Arthur Barclay Camden Nj, Just To Be Clear, Vega Duplicator Review, Mel B Growler, Authentic Chicken Taco Seasoning, Louis Vuitton Capucines Pm, Mercer Football Schedule 2020, Servicenow Incident Management Process Guide, Yash Age And Radhika Age, North Shore Fire Rescue Twitter, Nelson & Eddy Angelil, Alma's Not Normal, Elements Of Frustration, 50 Things To Do In Valais, Kiss Daniel Latest Album 2020, John Walsh Espn, City Of Tallahassee Tax Collector, West Des Moines Funeral Homes, Alliant Health Bill Pay, Emhyr Var Emreis Netflix Actor, Miami Football Schedule 2019, Xcel Energy Center Suites, Essential Woodworking Power Tools, Texas A&m News Today, Australian Facebook Users, Sortilegio Capítulo 12, Bordello Bar Limassol Opening Hours, Bulleh Shah Sher, Horseshoe Crab Meal, Are There Freshwater Slugs, Keith Cooke Studio, Video Of North West Dancing, Suzlon Q1 Results 2021, Sea Swallow Ffxiv, Ashtabula, Ohio News Today, Ok Koi Baat Nahi Meaning In English, Atmos Energy Bill, Is Vilanculos Safe, Cameron King Instagram, Long Island Puffer Fish, Jeff Hafley High School, Younger Now Album, When Did Smoked Lodge Die, Michigan Football 2012, Geoduck Eating Raw, Paul Evans Shoes Clearance, Kijiji Nanaimo > Cars,