BNSF plans estimated $140 million capital program in Missouri for 2016
A media release from AIM Circle of Elite Organizations member BNSF Railway Company
FORT WORTH, TEXAS, February 25, 2016 – BNSF Railway Company (BNSF) today
The 2016 program will also bring capital investments more in line with forecasted customer freight service demand. The largest component of this year’s capital plan in the state will be for replacing and upgrading rail, rail ties and ballast, which are the main components for the tracks on which BNSF trains operate. Regular maintenance of the railroad allows BNSF to keep its network infrastructure in optimal condition and reduces the need for unscheduled service work that can slow down the BNSF rail network and reduce capacity.
“A safe and reliable network is critical to connecting products with key consumer markets whether they are in Missouri, across the nation or around the world,” said Leif Smith, BNSF general manager of operations, Springfield Division. “Missouri is an important part of our network and ensuring that it remains strong is critical to meeting customer demands as well as the needs of communities near BNSF rail lines in the state.”
BNSF’s maintenance program in Missouri includes approximately 1,190 miles of track surfacing and/or undercutting work, the replacement of about 65 miles of rail and more than 215,000 ties, as well as signal upgrades for federally mandated positive train control (PTC). This year’s program follows more than $600 million invested by BNSF in its network in Missouri over the past three years.
The 2016 planned capital investments in the state are part of BNSF’s $4.3 billion network-wide capital expenditure program announced last month. These investments include $2.8 billion to replace and maintain core network and related assets, approximately $500 million on expansion and efficiency projects, $300 million for continued implementation of PTC and more than $600 million for locomotives, freight cars and other equipment acquisitions.