BNSF plans estimated $140 million capital program in Missouri for 2016

Date
Feb 25, 2016

FORT WORTH, TEXAS – BNSF Railway Company (BNSF) today announced that its 2016 capital expenditure program in Missouri will be an estimated $140 million. This year’s plan in Missouri is focused on maintenance projects that help ensure BNSF continues to operate a safe and reliable network and reflects the success BNSF has had in adding capacity in prior years to support customer demand. The 2016 program will also bring capital investments more in line with forecasted customer freight service demand. The largest component of this year’s capital plan in the state will be for replacing and upgrading rail, rail ties and ballast, which are the main components for the tracks on which BNSF trains operate. Regular maintenance of the railroad allows BNSF to keep its network infrastructure in optimal condition and reduces the need for unscheduled service work that can slow down the BNSF rail network and reduce capacity.

“A safe and reliable network is critical to connecting products with key consumer markets whether they are in Missouri, across the nation or around the world,” said Leif Smith, BNSF general manager of operations, Springfield Division. “Missouri is an important part of our network and ensuring that it remains strong is critical to meeting customer demands as well as the needs of communities near BNSF rail lines in the state.”

BNSF’s maintenance program in Missouri includes approximately 1,190 miles of track surfacing and/or undercutting work, the replacement of about 65 miles of rail and more than 215,000 ties, as well as signal upgrades for federally mandated positive train control (PTC). This year’s program follows more than $600 million invested by BNSF in its network in Missouri over the past three years.

The 2016 planned capital investments in the state are part of BNSF’s $4.3 billion network-wide capital expenditure program announced last month. These investments include $2.8 billion to replace and maintain core network and related assets, approximately $500 million on expansion and efficiency projects, $300 million for continued implementation of PTC and more than $600 million for locomotives, freight cars and other equipment acquisitions.

About BNSF
BNSF Railway is one of North America’s leading freight transportation companies operating on 32,500 route miles of track in 28 states, and also operates in three Canadian provinces. BNSF is one of the top transporters of consumer goods, grain and agricultural products, low-sulfur coal, and industrial goods such as petroleum, chemicals, housing materials, food and beverages. BNSF’s shipments help feed, clothe, supply, and power American homes and businesses every day. BNSF and its employees have developed one of the most technologically advanced, and efficient railroads in the industry. We work continuously to improve the value of the safety, service, energy, and environmental benefits we provide to our customers and the communities we serve. You can learn more about BNSF at www.BNSF.com.