November 13, 2017 12:30 PM, EST

BNSF Keeps Steaming Along With Stronger Results in 2017

BNSF Train Jannifer Lamb/Flickr

BNSF Railway reported profits rose 2% in the third quarter to $1 billion with strong results in all segments, except for agricultural products.

Revenue at the Class I railroad, owned by Berkshire Hathaway, increased 3% to $5.3 billion.

Revenue for consumer products, which usually go on intermodal rail, grew 8% to $1.8 billion. Carloads increased 7% to 1.4 million.

Coal revenue improved 6% to $1 billion and volumes went up 2% to 526,000.

Industrial product revenue rose 4% to $1.3 billion and carloads improved 2% to 459,000.

Agricultural revenue slipped 9% to $992 million and carloads declined 12% to 257,000.

The operating ratio improved 500 basis points to 62.2%.

BNSF ranks No. 8 on the Transport Topics Top 50 list of the largest global freight carriers.