Join The Discussion

 

Group buys former Armour meatpacking site in Stockyards

The 16.8-acre site of the historic, former Armour meatpacking plant in Fort Worth’s Stockyards has changed hands, and its new owners aren’t saying anything about their plans. Chesapeake Land Development Co., which bought the site

read more >

Fresh Ebola fears hit airline stocks

DALLAS (AP) — News that a nurse diagnosed with Ebola flew on a plane full of passengers raised fear among airline investors that the scare over the virus could cause travelers to avoid flying.

read more >

Social House Fort Worth plans to open mid-November

Social House has leased 5,045 square feet at 2801-2873 W Seventh St. in Fort Worth, according to Xceligent Inc.

read more >

Ski Grand Prairie? TCU, UTA grad helping bring snow to Metroplex

For Levi Davis last week may have been a career peak, in more ways than one.

read more >

GE rises most in year with equipment order increases, including at Fort Worth locomotive unit

NEW YORK — General Electric Co. beat analysts' profit estimates in the third quarter as Chief Executive Officer Jeffrey Immelt squeezed more costs from the manufacturing units.

read more >

BNSF plans $125M capital program in Washington
 
 
 
 
A. Lee Graham
Reporter
 
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.
 
lgraham@bizpress.net

< back

Email   email
hide
Ebola
How worried are you about Ebola spreading?