02.03.2016, 00:20
BNSF Plans More Than USD 110 Million Capital Program in Nebraska
OREANDA-NEWS. BNSF Railway Company (BNSF) today announced that its 2016 capital expenditure program in Nebraska will be more than USD 110 million. This year's plan in Nebraska is focused on maintenance projects that help ensure BNSF continues to operate a safe and reliable network and reflects the success BNSF has had in adding capacity in prior years to support customer demand. The 2016 program will also bring capital investments more in line with forecasted customer freight service demand. The largest component of this year's capital plan in the state will be for replacing and upgrading rail, rail ties and ballast, which are the main components for the tracks on which BNSF trains operate.
Regular maintenance of the railroad allows BNSF to keep its network infrastructure in optimal condition and reduces the need for unscheduled service work that can slow down the BNSF rail network and reduce capacity.
"Nebraska plays an important part in the success of our overall network and the broader economy," said Janssen Thompson, BNSF general manager of operations, Nebraska Division. "At BNSF we will always remain focused on operating a safe and reliable network while helping connect products with key consumer markets across our nation and the world."
BNSF's maintenance program in Nebraska includes approximately 1,760 miles of track surfacing and/or undercutting work, the replacement of about 40 miles of rail and more than 160,000 ties, as well as signal upgrades for federally mandated positive train control (PTC). This year's capital projects in the state also include continuing the construction of nearly six miles of double track on the Ravenna subdivision between Pleasant Dale and Milford and follow more than USD 575 million invested by BNSF in its network in Nebraska over the past three years.
The 2016 planned capital investments in the state are part of BNSF's USD 4.3 billion network-wide capital expenditure program announced last month. These investments include USD 2.8 billion to replace and maintain core network and related assets, approximately USD 500 million on expansion and efficiency projects, USD 300 million for continued implementation of PTC and more than USD 600 million for locomotives, freight cars and other equipment acquisitions.
Regular maintenance of the railroad allows BNSF to keep its network infrastructure in optimal condition and reduces the need for unscheduled service work that can slow down the BNSF rail network and reduce capacity.
"Nebraska plays an important part in the success of our overall network and the broader economy," said Janssen Thompson, BNSF general manager of operations, Nebraska Division. "At BNSF we will always remain focused on operating a safe and reliable network while helping connect products with key consumer markets across our nation and the world."
BNSF's maintenance program in Nebraska includes approximately 1,760 miles of track surfacing and/or undercutting work, the replacement of about 40 miles of rail and more than 160,000 ties, as well as signal upgrades for federally mandated positive train control (PTC). This year's capital projects in the state also include continuing the construction of nearly six miles of double track on the Ravenna subdivision between Pleasant Dale and Milford and follow more than USD 575 million invested by BNSF in its network in Nebraska over the past three years.
The 2016 planned capital investments in the state are part of BNSF's USD 4.3 billion network-wide capital expenditure program announced last month. These investments include USD 2.8 billion to replace and maintain core network and related assets, approximately USD 500 million on expansion and efficiency projects, USD 300 million for continued implementation of PTC and more than USD 600 million for locomotives, freight cars and other equipment acquisitions.
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