BNSF Railway plans to make a capital investment plan of $3.57 billion in 2019, the railroad announced earlier this year.
The emphasis of this year’s capital plan continues to be on maintaining and expanding its network with an unwavering focus on operating a safe railroad that meets customers’ demands, the company said.
“Our rail network is in excellent shape and its condition is a direct result of our continued capital investments,” Carl Ice, president and CEO of BNSF, said in a news release. “We work tirelessly to provide the level of service our customers expect and to position ourselves well for future growth opportunities.”
BNSF has invested nearly $65 billion in its network since 2000, according to the company. The largest component of this year’s capital plan will be to replace and maintain BNSF’s core network and related assets, much like last year’s $3.4 billion capital program.
The projects included in this part of the plan largely consist of replacing and upgrading rail as well as track infrastructure, including ballast and rail ties, and maintaining its rolling stock. It will include approximately 12,000 miles of track surfacing or undercutting work and the replacement of 535 miles of rail and nearly 2.3 million rail ties.