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BNSF plans $125M capital program in Washington August 19, 2013
A. Lee Graham
BNSF Railway Co. of Fort Worth plans to invest about $125 million on maintenance and rail capacity improvement and expansion projects in Washington state this year.
The company’s 2013 capacity enhancement projects in Washington include building two receiving and departure tracks nearly 7,000 feet long at its Delta yard in Everett and expanding BNSF’s automotive distribution facility at Orillia to support growth in new automobile traffic.
Meanwhile, the company is continuing a track maintenance program in Washington, which will include nearly 2,800 miles of track surfacing and undercutting work, as well as replacement of about 175 miles of rail and 110,000 railroad ties.
“BNSF’s capital investments in Washington will help ensure our network is prepared for growing demand for freight rail,” said chairman and CEO Matthew K. Rose, commenting in a news release.
“Given the importance of a low cost supply chain to the U.S. economy, our privately funded rail infrastructure is well positioned to help Washington compete in global markets,” Rose said.
The planned capital investments are part of BNSF’s record 2013 capital commitment of $4.3 billion. Comprising the largest component of that capital plan is $2.3 billion on BNSF's core network and related assets. The company also plans to spend about $1 billion on locomotive, freight car and other equipment acquisitions, many of which will serve Washington.
BNSF Railway operates on 32,500 route miles of track in 28 states and two Canadian provinces. More information is available at www.bnsf.com.