02.03.2016, 00:20
BNSF Plans Nearly USD 100 Million Capital Program in Colorado
OREANDA-NEWS. BNSF Railway Company (BNSF) today announced that its 2016 capital expenditure program in Colorado will be nearly USD 100 million. This year's plan in Colorado 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.
"BNSF is committed to maintaining and improving our rail network in Colorado," said Mike Sickler, BNSF general manager of operations, Powder River Division. "These capital investments will benefit our customers, as well as the communities near BNSF rail lines, ensuring a safe and reliable network in Colorado."
BNSF's maintenance program in Colorado includes approximately 860 miles of track surfacing and/or undercutting work, the replacement of about 15 miles of rail and more than 115,000 ties, as well as signal upgrades for federally mandated positive train control (PTC). This year's program follows more than USD 250 million invested by BNSF in its network in Colorado 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.
"BNSF is committed to maintaining and improving our rail network in Colorado," said Mike Sickler, BNSF general manager of operations, Powder River Division. "These capital investments will benefit our customers, as well as the communities near BNSF rail lines, ensuring a safe and reliable network in Colorado."
BNSF's maintenance program in Colorado includes approximately 860 miles of track surfacing and/or undercutting work, the replacement of about 15 miles of rail and more than 115,000 ties, as well as signal upgrades for federally mandated positive train control (PTC). This year's program follows more than USD 250 million invested by BNSF in its network in Colorado 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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