Fort Worth-based BNSF Railway Co. will spend $405 million this year to upgrade its rail system running throughout Texas.
The planned investment is part of BNSF’s $3.57 billion capital spending program for 2019. Most of that will go to replace and maintain the railroad’s core assets.
In Texas, the railroad will undertake expansion projects that include a new double-track project between the Alliance Intermodal Facility in Fort Worth and Cleburne, and two siding projects north of Dallas. The railroad also is adding staging tracks at Eagle Pass Border Gateway to handle growth into Mexico.
“We operate on nearly 5,000 miles of track in Texas,” Janssen Thompson, general manager of operations for BNSF’s Red River Division, said in a statement. “Our continued capital investments in this state reflect our continued commitment to enhancing the safety, capacity and fluidity of our railroad and enable us to meet our customers’ freight transportation needs.”
BNSF will invest $405 million in Texas this year to expand and maintain its rail network, for enhanced capacity and continued safe and reliable operations. More details at https://t.co/sX28uQiNhy.— BNSF Railway (@BNSFRailway) February 20, 2019
#freight #rail #infrastructure #Texas #capex pic.twitter.com/cvlWCZKdxy
In all, BNSF will perform maintenance on 680 miles of track in Texas and replace nearly 30 additional miles of rail and 210,000 ties.
In the past five years, BNSF said it has invested more than $1.8 billion to expand and maintain its network in Texas.
BNSF, owned by Warren Buffett’s Omaha, Neb.-based Berkshire Hathaway, operates 32,500 miles of track in 28 states and three Canadian provinces. It’s one of the top transporters of consumer goods, grain and agricultural products, low-sulfur coal, petroleum, chemicals and housing materials.