• ITVI.USA
    15,948.420
    108.680
    0.7%
  • OTLT.USA
    2.798
    -0.001
    0%
  • OTRI.USA
    22.010
    -0.060
    -0.3%
  • OTVI.USA
    15,936.600
    100.010
    0.6%
  • TSTOPVRPM.ATLPHL
    2.950
    -0.570
    -16.2%
  • TSTOPVRPM.CHIATL
    3.610
    0.650
    22%
  • TSTOPVRPM.DALLAX
    1.370
    -0.240
    -14.9%
  • TSTOPVRPM.LAXDAL
    3.550
    0.210
    6.3%
  • TSTOPVRPM.PHLCHI
    2.320
    0.220
    10.5%
  • TSTOPVRPM.LAXSEA
    4.110
    0.250
    6.5%
  • WAIT.USA
    126.000
    0.000
    0%
  • ITVI.USA
    15,948.420
    108.680
    0.7%
  • OTLT.USA
    2.798
    -0.001
    0%
  • OTRI.USA
    22.010
    -0.060
    -0.3%
  • OTVI.USA
    15,936.600
    100.010
    0.6%
  • TSTOPVRPM.ATLPHL
    2.950
    -0.570
    -16.2%
  • TSTOPVRPM.CHIATL
    3.610
    0.650
    22%
  • TSTOPVRPM.DALLAX
    1.370
    -0.240
    -14.9%
  • TSTOPVRPM.LAXDAL
    3.550
    0.210
    6.3%
  • TSTOPVRPM.PHLCHI
    2.320
    0.220
    10.5%
  • TSTOPVRPM.LAXSEA
    4.110
    0.250
    6.5%
  • WAIT.USA
    126.000
    0.000
    0%
American ShipperIntermodal

BNSF THIRD-QUARTER EARNINGS OFF

BNSF THIRD-QUARTER EARNINGS OFF

   Burlington Northern Santa Fe Corp. said Tuesday its third-quarter net income was off 14.7 percent, to $192 million, while net income for the first nine months of 2002 were up slightly.

   Third-quarter operating income fell 16.1 percent to $421 million, on revenue of $2.31 billion, down 1.5 percent. Operating ratio increased to 81.6 percent, compared to 78.3 percent in the third quarter of 2001.

   Consumer products adjusted revenues increased 3 percent to $881 million, due to increased intermodal volumes in international and truckload business, despite the work stoppage late in the third quarter at U.S. West Coast ports. Industrial products revenues were off 2 percent to $524 million, and agricultural products revenues declined 9 percent to $342 million. Coal revenues increased 3 percent to $535 million.

   For the nine-month period, net income was $558 million, compared to $554 million in the first nine months of 2001. Operating income was $1.19 billion, down 11.5 percent, while revenues were off 3.3 percent, to $6.68 billion.

We are glad you’re enjoying the content

Sign up for a free FreightWaves account today for unlimited access to all of our latest content

By signing in for the first time, I give consent for FreightWaves to send me event updates and news. I can unsubscribe from these emails at any time. For more information please see our Privacy Policy.