BNSF plans $110 million capital program in Nebraska for 2018
LINCOLN, Neb., February 27, 2018 – BNSF Railway Company (BNSF) today announced that its 2018 capital expenditure program in Nebraska will be approximately $110 million. This year’s plan in Nebraska remains focused on maintenance projects to ensure BNSF continues to operate a safe and reliable rail network. The largest component of this year’s capital plan in the state will be for replacing and upgrading the main components for the tracks on which BNSF trains operate including rail, rail ties and ballast.
BNSF moves nearly 2 million carloads of freight in Nebraska each year and has invested approximately $900 million to expand and maintain its network in the state over the past five years. The 2018 maintenance program in Nebraska includes more than 1,000 miles of track surfacing and/or undercutting work 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 state’s 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 program announced last month. 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.
BNSF Railway is one of North America’s leading freight transportation companies. BNSF operates approximately 32,500 route miles of track in 28 states and also operates in three Canadian provinces. BNSF is one of the top transporters of consumer goods, grain and agricultural products, low-sulfur coal, and industrial goods such as petroleum, chemicals, housing materials, food and beverages. BNSF’s shipments help feed, clothe, supply, and power American homes and businesses every day. BNSF and its employees have developed one of the most technologically advanced, and efficient railroads in the industry. We work continuously to improve the value of the safety, service, energy, and environmental benefits we provide to our customers and the communities we serve.