BNSF Plans USD 118 Million Capital Program in Oklahoma
OREANDA-NEWS. BNSF Railway Company (BNSF) announced that its 2015 capital program for its operations in Oklahoma will be an estimated USD 118 million for rail maintenance and capacity improvement projects. Unlike other modes of freight transportation, U.S. railroads own and maintain their own networks. To ensure BNSF's network operates at optimal efficiency, each year the company allocates capital for infrastructure and expansion projects that will enable it to serve the growing needs of customers from a broad cross section of the economy.
"This year's substantial investments in Oklahoma are a clear reflection of how important our operations in the state are to our overall network and our unwavering commitment to always operating safely - for our people and the communities in which we operate," said Leif Smith, BNSF general manager operations Springfield Division. "We know our customers are competing in a fast-paced, global economy where a smooth, efficient supply chain can be the difference between winning and losing in the marketplace. This year's planned expansion and maintenance projects will help give BNSF the capacity flexibility it needs to support our customers' growing demands and connect Oklahoma products to key markets."
Continuous maintenance of BNSF's infrastructure ensures an optimized, safe and reliable network. Maintaining the railroad is important for keeping it in optimal condition and helps limit the need for unscheduled service outages that can slow down the rail network and reduce capacity. BNSF's maintenance program in Oklahoma will include 1,118 miles of track surfacing and undercutting work, the replacement of 38 miles of rail and about 40,000 ties.
BNSF's 2015 capital projects in Oklahoma include improvements in the Cherokee Yard and constructing two double track segments on the Panhandle subdivision between Noel and Avard and Loder and milepost 323 totaling 18 miles resulting in the more efficient movement of trains.
The planned capital investments in Oklahoma are part of BNSF's record 2015 capital commitment of USD 6 billion, which was announced last November and is the company's largest planned capital expenditure in its history. These investments include USD 2.9 billion to replace and maintain core network and related assets, nearly USD 1.5 billion on expansion and efficiency projects, USD 200 million for continued implementation of PTC and USD 1.4 billion for locomotives, freight cars and other equipment acquisitions.
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