BNSF Railway: Plan to Invest $3.9 Billion in Its 2012 Capital Program
02/03/2012
The biggest pieces of the plan call for BNSF to spend $2.1 billion on its core network and "related assets" and about $1.1 billion on locomotive, freight car and other equipment acquisitions. The program also includes about $300 million for federally mandated positive train control (PTC), and $400 million for terminal, line and intermodal expansion and efficiency projects.
The expansion and efficiency projects primarily will be focused on coal routes to improve velocity and throughput capacity and the new Kansas City intermodal facility.
Chairman and CEO Matthew Rose said this investment in rail freight infrastructure "is an investment in American jobs and competitiveness. It will ensure our infrastructure remains strong and improve the efficiency of our operations,"
Based in Fort Worth, Texas, BNSF Railway is one of North America's leading freight transportation companies operating on 32,000 route miles of track in 28 states and two Canadian provinces. The company is recognized as one of the top transporters of consumer goods, grain, industrial goods and low-sulfur coal.
Project Announcements
AESC Expands Florence, South Carolina, Operations
03/28/2024
Alticor Expands Ada Township, Michigan, Operations
03/27/2024
Eastman Plans Longview, Texas, Production Operations
03/27/2024
DHL Supply Chain-Vantage Data Centers NV11 Plan Nevada Operations
03/26/2024
Big Jet Expands Pittsburgh, Pennsylvania, Operations
03/26/2024
Landmark Ceramics UST Expands Mt. Pleasant, Tennessee, Operations
03/25/2024
Most Read
-
2023's Leading Metro Locations: Hotspots of Economic Growth
Q4 2023
-
2023 Top States for Doing Business Meet the Needs of Site Selectors
Q3 2023
-
The Logistics Analysis That Drives Industrial Site Selection
Q4 2023
-
Manufacturing Momentum Is Building
Q1 2024
-
Technology’s Influence on Workforce Development
Workforce Q4 2023
-
38th Annual Corporate Survey: Are Unrealized Predictions of an Economic Slump Leading Small to Mid-Size Companies to Put Off Expansion Plans?
Q1 2024
-
37th Annual Corporate Survey: Economic Pressures Exerting Greatest Effect on Decision-Makers
Q1 2023