Berkshire Hathaway subsidiary and rail operator BNSF Railway Company has unveiled plans to spend $3.5bn this year to improve the efficiency of its operations, with $2bn allocated for its core network and related assets.
BNSF also plans to spend about $450m to acquire 227 locomotives and about $350m for freight car and other equipment acquisitions.
The programme also includes about $300m for federally mandated positive train control and $300m for terminal, line and intermodal expansion and efficiency projects.
BNSF has revealed that its key expansion and efficiency projects will be primarily focused on the mid-continent and coal routes to improve velocity and throughput capacity.
