February 14, 2019 - ProgressiveRailroading.com -
BNSF Railway Co. will spend $3.57 billion on capital expenditures this year, up from $3.4 billion in 2018, the Class I announced yesterday.
This year's plan will continue to emphasize maintenance and expansion of the network "with an unwavering focus on operating a safe railroad that meets customers' demands," BNSF officials said in a press release.
Maintenance projects budgeted at about $2.47 billion will largely include replacing and upgrading rail infrastructure and maintaining rolling stock. Work will involve about 12,000 miles of track surfacing and/or undercutting work, as well as the replacement of 535 miles of rail and nearly 2.3 million ties.
Read more: https://www.progressiverailroading.com/bnsf_railway/news/BNSF-budgets-nearly-36-billion-for-capex-in-2019--56768?
BNSF Railway Co. will spend $3.57 billion on capital expenditures this year, up from $3.4 billion in 2018, the Class I announced yesterday.
This year's plan will continue to emphasize maintenance and expansion of the network "with an unwavering focus on operating a safe railroad that meets customers' demands," BNSF officials said in a press release.
Maintenance projects budgeted at about $2.47 billion will largely include replacing and upgrading rail infrastructure and maintaining rolling stock. Work will involve about 12,000 miles of track surfacing and/or undercutting work, as well as the replacement of 535 miles of rail and nearly 2.3 million ties.
Read more: https://www.progressiverailroading.com/bnsf_railway/news/BNSF-budgets-nearly-36-billion-for-capex-in-2019--56768?