Burlington Northern Santa Fe Corporation
Stock Symbol: BNI
2650 Lou Menk Drive
Burlington Northern Santa Fe Corporation Industry:
Burlington Northern Santa Fe Corporation Description:
Through its subsidiary, The Burlington Northern and Santa Fe Railway Company, BNSF operates one of the largest railroad networks in North America, with 32,500 route miles covering 28 states and two Canadian provinces. BNSF is an industry leader in Web-enabling a variety of customer transactions at http://www.bnsf.com . The railway is among the world's top transporters of intermodal traffic, moves more grain than any other American railroad, transports the components of many of the products we depend on daily, and hauls enough coal to generate about 10 percent of the electricity produced in the United States.
Burlington Northern Santa Fe Corporation Financial Summary:
BNI is engaged in the rail transportation business through Burlington Northern Railroad Co. For the 6 months ended 6/30/05, revenues rose 18% to $6.12B. Net income rose 55% to $687M. Revenues reflect revenue growth at the Consumer Products' freight business driven by increased volumes in the international and truckload sectors, price increases, and increased fuel surcharges. Net income also reflects an increased absorption of operating expenses.
Burlington Northern Santa Fe Corporation Business Summary:
Burlington Northern Santa Fe Corporation (BNSF) engaged in the rail transportation business primarily in North America through its subsidiaries. The Company's principal operating subsidiary is BNSF Railway. As of December 31, 2004, BNSF Railway operates over a railroad system consisting of approximately 32,000 route miles of track (excluding second, third and fourth main tracks, yard tracks and sidings), approximately 24,000 miles of which are owned route miles, including easements, in 28 states and two Canadian provinces. BNSF Railway also operates various facilities and equipment to support its transportation system, including its infrastructure and locomotives and freight cars. It also owns or leases other equipment to support rail operations, including highway trailers, containers and vehicles.