Railroad News

BNSF Railway Co. today reported fourth-quarter 2020 revenue decreased 3% to $5.7 billion, but operating income rose 3% to $2.2 billion and net income climbed 5% to $1.5 billion compared with 2019's financial results.

The Class I attributed the lower revenue primarily to a 3% decrease in unit volume and a 6% decrease in average revenue per car, BNSF officials said in a financial performance summary posted on the Class I's website.