02 May 2012
The USA's BNSF Railway Company (BNSF) has outlined plans to invest an estimated US$202 million on maintenance and rail capacity improvement and expansion projects in Nebraska this year.
Its capacity enhancement projects in Nebraska include adding a second main line track in the Grand Island area, beginning work to replace BNSF's bridge over the Missouri River between Plattsmouth, Nebraska and Pacific Junction, Iowa.
“BNSF's investments will improve our ability to provide rail freight services to Nebraska businesses and communities, and will expand opportunities to create more jobs and growth for the Nebraska economy,” said chairman and chief executive officer Matthew Rose.
The planned capital investments in Nebraska are part of BNSF's total 2012 capital commitment of US$3.9 billion. The largest component of the capital plan is spending $2.1 billion on BNSF's core network and related assets.