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Western Railroad Discussion > BNSF Third Quarter Operating ResultsDate: 11/11/16 18:30 BNSF Third Quarter Operating Results Author: mearsksealand Revenue $5.17 Billion down 7.7 percent for same period 2015
Net Income $1.02 Billion down 11.8 percent Total Volume of business down 5 percent Coal volumes down 13 percent Industrial Products down 8 percent Consumer Products down 4 percent---intermodal is in this group Agriculture Products increased 13 percent Cap Ex for 2016 $4.05 Billion $2.7 Billion invest in maintenance of existing network assets and infrastucture including rail,ties and ballast. $200 million on positive train control $600 million aquiring locomotives and new freight cars and $500 million on capacity expansion Info from American Shipper Nov 11 2015 Dale Smith Date: 11/11/16 18:46 Re: BNSF Third Quarter Operating Results Author: Pacific5th At least in the NW and Montana Divisions crew cost have to be through the roof. BNSF has changed or canceled numerous agreements over the past few years and the results have not been good for anyone. Maybe BNSF will finally see what they have done, probably not. It's a joke out here.
Edited 1 time(s). Last edit at 11/11/16 20:07 by Pacific5th. Date: 11/11/16 19:44 Re: BNSF Third Quarter Operating Results Author: mearsksealand I am always interested on hearing what the folks on the ground have to say about the operation of BNSF but will you be a little more specific in your points--sometimes operational changes are painful for the employees effected but if the company makes changes according to labor agreements and the results show a positive result for the companies financials the officers keep their job if not officers are brought in to make it profitable and the BNSF had operated profitably for quite a while now
Dale Smith Posted from iPhone Date: 11/12/16 12:52 Re: BNSF Third Quarter Operating Results Author: StStephen Any updates on the expansion projects for the year (status) and projected expansion capex for 2017?
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