Union Pacific to Invest $79 Million in its Louisiana Rail Infrastructure
Union Pacific is boosting safety and efficiency with an approximately $79 million infrastructure investment in Louisiana this year.
Projects funded by Union Pacific benefit Louisiana’s overall transportation infrastructure without taxpayer funds.
Louisiana Rail Infrastructure
Union Pacific’s investment plan funds a range of initiatives: $58 million to maintain railroad track and $18 million to maintain bridges in the state. Key projects planned this year include:
- $19 million investment in the rail line between Alexandria and Shreveport to replace 149,125 railroad ties and install 76,150 tons of rock ballast.
- $11 million investment in the rail line between Alexandria and Iowa to replace 90,659 railroad ties and install 35,093 tons of rock ballast.
Brenda Mainwaring, Union Pacific vice president – Public Affairs, Southern Region, said:
“Union Pacific’s targeted investments fund projects that strengthen our railroad tracks, increase safety and minimise 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.”
Union Pacific’s Investment Strategy
This year’s planned $79 million capital expenditure in Louisiana is part of an ongoing investment strategy. From 2012 to 2016, Union Pacific invested more than $392 million strengthening Louisiana’s transportation infrastructure.
Union Pacific plans to spend $3.1 billion across its network this year. The company has invested $51 billion since 2000, contributing to a 40 percent decrease in derailments during the same time frame.
Original article © Union Pacific.
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