Union Pacific announced that will invest USD 57 million for railway infrastructure in Nebraska. Union Pacific’s investment plan funds involve USD 53 million to maintain rail track and USD 721,000 to maintain bridges in the state. Key projects planned this year include USD 6 million investment in the rail line between Gibbon and Overton to undercut 69 km of track and USD 8 million investment in the rail line between Alexandria and Hastings to replace 51,488 concrete rail ties.
“Union Pacific’s targeted investments fund projects that strengthen our railroad tracks, increase safety and minimize delays as trains travel through communities across Nebraska,” said Donna Kush, Union Pacific vice president.
Union Pacific plans to spend USD 3.1 billion across its network this year. The company has invested USD 51 billion since 2000, contributing to a 40 percent decrease in derailments during the same time frame.
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