Freight railroad operator, BNSF has released a 3.96 billion USD capital investment plan for 2023.
This investment will help BNSF to continue operating a safe and reliable network.
“Our capital plan reflects our growth mindset and commitment to having the capacity and equipment we need to support our customers. Continued investment in our network through our capital plans helps ensure we run a safe, efficient and growing railroad that provides customers with the service they expect from BNSF.”
As the largest component of this year’s capital plan, 2.85 billion USD will be used to maintain BNSF’s core network. By investing in existing infrastructure, BNSF will ensure the railroad is in good condition to avoid unscheduled service outages.
These maintenance projects include replacing and upgrading rail and track infrastructure such as ballast and rail ties, as well as maintaining BNSF’s rolling stock.
This work will consist of nearly 14,000 miles of track surfacing and undercutting work and the replacement of 346 miles of rail.
Meanwhile, 402 million USD of the capital plan will go towards equipment acquisitions, and over 700 million USD will be used on expansion and efficiency projects.
On its Southern Transcon route between the West Coast and Midwest, BNSF will support traffic growth by constructing a second bridge over the Missouri River, providing a double track for one of the last remaining segments of single track along the route.
Several segments of new track will also be added in Eastern Kansas and Southern California.
In addition, BNSF will commence a multi-year terminal and fuelling project near Belen, New Mexico and will complete a second main track expansion in Fort Worth.
In the Pacific Northwest, the operator will begin a multi-year project to add double track near Spokane, Washington.
Furthermore, it will continue its track efficiency improvement projects in San Bernardino, along with property acquisitions in the Barstow area, enabling future rail facility and infrastructure development for the Barstow International Gateway Project.
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