• Earnings increase for rail giants

    Burlington Northern Santa Fe Corp. (BNSF) and Canadian National (CN) saw its revenues rise because of intermodal business. Ft. Worth-based BNSF said that its consumer products revenues increased $3 million to $848 million due largely to increased intermodal volumes from both international and truckload business. However, that gain was partially offset by decreased automotive shipments and lower levels
    July 23, 2002

    Burlington Northern Santa Fe Corp. (BNSF) and Canadian National (CN) saw its revenues rise because of intermodal business. Ft. Worth-based BNSF said that its consumer products revenues increased $3 million to $848 million due largely to increased intermodal volumes from both international and truckload business. However, that gain was partially offset by decreased automotive shipments and lower levels of traffic in other intermodal sectors. CN president & CEO Paul M. Tellier said its 3% improvement in intermodal revenues reflected stronger Canadian retail sales, higher volumes on expedited trains in the Canadian domestic segment and increased overseas traffic in spite of the loss of some overseas moves.

    About the Author

    Sean Kilcarr

    Editor in Chief

    Sean Kilcarr is a former longtime FleetOwner senior editor who wrote for the publication from 2000 to 2018. He served as editor-in-chief from 2017 to 2018.

     

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