In 2020, BNSF Railway was the leading North American railroad company, with a total operating revenue of over 20.87 billion U.S. dollars. BNSF Railway is a North American Class I freight railroad, playing a major role in the development of the freight railroad industry in the United States. With a rail network of 32,500 route miles, it connects businesses to each other in 28 states in U.S. and three Canadian provinces and directly employs over 34,000 workers.
BNSF’s revenue slump
With over 20 billion U.S. dollars in operating revenue generated by BNSF Railway every year and more than 88 billion in total assets, the company hauls a range of products from consumer to coal, agricultural or industrial commodities. Its major share of freight revenue comes from the consumer products sector such as automotive, which make up almost 35 percent of its total earnings. In 2020, the railroad hauled 1.6 million carloads of industrial products and 1.4 million carloads of coal products. 2020 financial results have overall dipped compared to the previous fiscal year, with a loss of 11 percent of its operational income. This drop is attributed to the lower demand for consumer products, especially in the automotive sector, and increase in prices for natural gas brought on by the Covid-19 pandemic.
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In the following 4 chapters, you will quickly find the 23 most important statistics relating to "BNSF Railway".