Capital expenditure programme in Nebraska will be $110 million
Posted: 1 March 2018 | Global Railway Review | No comments yet
BNSF has a network-wide capital expenditure programme, focused on improving the rail sector, maintaining necessary infrastructure and securing a reliable railway…
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BNSF Railway Company (BNSF) has announced that its 2018 capital expenditure programme in Nebraska will be approximately $110 million.
2018’s plan for Nebraska is focused on maintenance projects, ensuring BNSF can continue to operate a safe and reliable rail network. The largest component of the capital plan will be to replace and upgrade the main components of the tracks on which BNSF trains operate, including rail, rail ties and ballast.
BNSF transports nearly 2 million carloads of freight in Nebraska each year and over the last five years they have invested approximately $900 million to expand and maintain the network in the state. The 2018 maintenance programme in Nebraska includes track surfacing and undercutting work along 1,000 miles of track, as well as the replacement of about 60 miles of rail and close to 90,000 ties.
“BNSF helps Nebraska farmers reach new markets by providing a vital transportation link for the state’s corn, wheat and other agricultural products as well as the emerging ethanol industry,” said Zak Andersen, Vice President, Corporate Relations.
The 2018 planned capital investments in the state are part of BNSF’s $3.3 billion network-wide capital expenditure programme announced in January 2018. These investments include $2.4 billion to replace and maintain core network and related assets, approximately $500 million for expansion and efficiency projects and $100 million for continued implementation of Positive Train Control (PTC). Another element of its capital plan will be $300 million for freight cars and other equipment acquisitions.