Union Pacific announced that it will invest USD 79 million for railway infrastructure across its network in Louisiana.
USD 58 million will be invested to maintain the rail infrastructure and USD 18 million to maintain bridges in the state. Key projects planned this year USD 19 million in the rail line between Alexandria and Shreveport to replace 149,125 rail ties and install 76,150 tons of rock ballast and USD 11 million in the rail line between Alexandria and Iowa to replace 90,659 rail ties and install 35,093 tons of rock ballast.
“Union Pacific’s targeted investments fund projects that strengthen our railroad tracks, increase safety and minimize delays as trains travel through communities across Louisiana. Maintaining a healthy railroad is the foundation of our ability to serve customers and communities across the state,” Brenda Mainwaring, Union Pacific vice president – Public Affairs, Southern Region said.
This year’s planned USD 79 million capital expenditure in Louisiana is part of an ongoing investment strategy. From 2012 to 2016, Union Pacific invested more than USD 392 million strengthening Louisiana’s transport infrastructure.
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