The freight statistics for Burlington Northern Santa Fe Corp.'s rail operations for three years are provided from public disclosures as follows:

a. Revenue ton miles is also sometimes termed gross ton miles. What is a revenue ton mile?
b. How would you interpret the trend in freight revenue per thousand revenue ton miles over the three years indicated?
c. Estimate the number of tons moved in 2004.
d. Estimate Burlington Northern's total revenue for2004.

Transcribed Image Text:

Year Ended December 31, 2003 508,200 $18.27 1,014 2004 570,688 Freight revenue per thousand revenue ton miles 18.82 1,045 2002 490,234 $18.10 Revenue ton miles (millions) Average haul per ton (miles) 992