Invests to expand capacity and maintain its vast network
BNSF Railway Company (BNSF) recently provided more details about its 2015 $6 Billion Capital Plan and the major capital projects it plans to complete in 2015 to maintain and grow its rail network.
In BNSF’s North Region, the company will invest approximately $1.5 billion across eight states for engineering maintenance and line expansion projects, of which approximately $700 million* is planned for projects to expand the rail lines and Positive Train Control (PTC) in that region. BNSF’s North Region has experienced the most rapid growth in recent years. It is the corridor used to move agriculture and coal to export facilities in the Pacific Northwest, petroleum products produced in the region that are destined for refinery facilities, and for consumer products shipped to and from marine ports in the Pacific Northwest. The North Region is also a destination point for materials that support the production of crude oil in the Bakken shale formation.
In BNSF’s South Region, the railroad plans to spend approximately $800 million in nine states for engineering maintenance and line expansion projects, of which $175 million is planned for line expansion initiatives and continued implementation of PTC. The South Region includes BNSF’s high-speed transcontinental route with more than 2,000 miles of double track that allows customers to move freight from West Coast marine ports to interchange facilities in Chicago as well as major rail terminals in Kansas City, Fort Worth, Denver and St. Louis.
In the Central Region, primarily used for the movement of coal, BNSF will invest approximately $650 million across six states for engineering maintenance and line expansion projects, of which almost $260 million is planned for line expansion projects and continued implementation of PTC.
“Building on the 2014 capacity increases, we will continue investing in our railroad to make us ever more capable of getting agriculture, energy supplies and a wide range of consumer and industrial products where they want to go,” said Carl Ice, BNSF president and chief executive officer. “At BNSF, we believe strongly in working with our customers to help them supply the world with food, energy and products that grow and build our economy. These unprecedented capital investments demonstrate to our customers how deeply committed we are to building a prosperous future for all of us.”
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