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BNSF unveils 2018 capital investment plan

The Class I railway said the largest component of its 2018 capital investment plan will be to replace and maintain its core network and related assets.

   BNSF Railway Co. plans to invest $3.3 billion in capital expenditures throughout 2018, the company said.
   Like last year’s $3.3 billion capital program, the largest component of the Class I railway’s plan for 2018 will be to replace and maintain its core network and related assets.
   This year’s maintenance component is projected to total $2.4 billion, while $500 million is for expansion and efficiency projects, $300 million is for freight cars and other equipment acquisitions, and $100 million is for positive train control (PTC).
   “BNSF is the only Class I freight railroad to have completed the installation of PTC on all its federally mandated subdivisions and is currently running hundreds of trains daily with PTC as it tests revenue service across its mandated territory,” the company said.