BNSF Carloads Bring Positive News

(BRK.A), (BRK.B)

Solid carload numbers are continuing to bring good news to BNSF Railway when compared to 2017.

Combined intermodal and carloads numbers are up 4.74% in the aggregate.

Of particular note are higher grain shipments, which as of the week ending April 7, 2018, are up 7.74% over the same period last year.

Also, showing strong numbers are sand and gravel shipments, which are up 8.12%, and petroleum is up 1.31 %.

Noteworthy on the downside are coal shipments, which are -1.94% and motor vehicles shipments are down -3.11%.

2017 was a strong year for BNSF, with the combined carloads including intermodal up 5.48%. So far, 2018 is even better.

© 2018 David Mazor

Disclosure: David Mazor is a freelance writer focusing on Berkshire Hathaway. The author is long in Berkshire Hathaway, and this article is not a recommendation on whether to buy or sell the stock. The information contained in this article should not be construed as personalized or individualized investment advice. Past performance is no guarantee of future results.

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