54.2 F
Fort Worth
Tuesday, April 13, 2021

BNSF to invest $3.3 billion in rail maintenance, upgrades

OMAHA, Neb. (AP) — BNSF railroad is planning to invest $3.3 billion in its railroad again this year.

The Fort Worth-based railroad said Wednesday it plans to match last year’s spending on maintenance projects and upgrades to its rail network.

BNSF plans to spend $2.4 billion to maintain and repair its rail network and locomotives. That will include rehabilitating 13,000 miles of track.

The railroad’s plans also include investing about $500 million to expand capacity.

BNSF says it is nearly done with the installation of the automatic braking system federal officials required. So the railroad plans to spend only about $100 million on that system this year.

BNSF is owned by Warren Buffett’s Omaha, Nebraska-based Berkshire Hathaway conglomerate. BNSF operates 32,500 miles of track in 28 western states and three Canadian provinces.

Get our email updates

Related Articles

Our Digital Sponsors

Stay Connected


Join Our Newsletter

Latest Articles