BNSF’s 2016 capital expenditure plan is expected to be USD 4.3 billion, of which USD 2.8 billion will be invested to replace and maintain its core network and related assets to keep its railway infrastructure in top condition. These projects will go toward replacing and upgrading rail, rail ties and ballast, which are the main components for the tracks on which BNSF trains operate.
“Our railroad is in the best shape it has ever been. Each year, our capital plan works to balance our near term need to regularly maintain a vast network that is always in motion with the longer term demand outlook of our customers. While our customers’ demand outlook has softened in a number of sectors, regular maintenance of our network continues to drive the majority of our annual investments and helps ensure we continuously operate a safe and reliable network,” Carl Ice, BNSF president and chief executive officer said.
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