BNSF Railway Co. (BNSF) has announced a planned 2011 capital commitment program of $3.5 billion. The largest component of the capital plan is spending $2 billion on its core network and related assets. BNSF also plans to spend about $450 million to acquire 227 locomotives and approximately $350 million on freight car and other equipment acquisitions.
The program also includes about $300 million for federally mandated positive train control and $300 million for terminal, line and intermodal expansion and efficiency projects. BNSF’s expansion and efficiency projects will be primarily focused on the mid-continent and coal routes to improve velocity and throughput capacity.
“BNSF expects to invest approximately $3.5 billion in 2011 to ensure our infrastructure remains strong and to improve the efficiency of our operations," says Matthew Rose, BNSF’s chairman and CEO.
BNSF operates on 32,000 route miles of track in 28 states and two Canadian provinces. BNSF specializes in the transport of consumer goods, grain, industrial goods and low-sulfur coal.