Canadian National has lowered its operating ratio, or expenses as a proportion of revenue, to 82.9 percent in the first half of 1997 from 86 percent a year ago by selling unprofitable rail lines.
42.
CSX said the operating ratio at its railroad unit, or cost of goods sold as a percentage of operating income, declined almost three percentage points to a record low of 77 . 4 percent.
43.
The automaker expects to sell at least 5, 000 Familia wagons and 3, 000 Capella wagons a month, both manufactured at its Hofu plant, raising the plant's operating ratio to 63 percent from 50 percent.
44.
The operating ratio is driven essentially by two factors : the evolution of operational costs and collection rates, which are controlled by the private operator, and the evolution of the average tariff, which is exogenous.
45.
A key reason for optimism about Canadian National's outlook was its ability to narrow its operating ratio, expenses versus revenue, in the first half of 1997 to 82.9 percent from 86 percent a year ago.
46.
Canadian National has lowered its operating ratio, or expenses as a proportion of revenue, to 82 . 9 percent in the first half of 1997 from 86 percent a year ago by selling unprofitable rail lines.
47.
In a sample of 11 utilities, the operating ratio averaged 0.89 . In principle, this indicates that on average operating costs were covered, but because of unreliable data it is not sure if this is actually true.
48.
A key reason for optimism about Canadian National's outlook was its ability to narrow its operating ratio, expenses versus revenue, in the first half of 1997 to 82 . 9 percent from 86 percent a year ago.
49.
Total revenues were the equivalent of about US $ 70 million per annum in 2010 and, according to DWASA management, cover about 25 % more than the operating costs of the utility ( operating ratio of 0.79 ).
50.
The reductions in employment and related costs helped Burlington Northern Santa Fe drop its operating ratio _ the money it spends to earn one dollar _ from 83 cents in the second quarter last year to 79 cents in 1996.
