BNSF Railway Company (BNSF) plans to invest an estimated $115 million on
maintenance and rail capacity expansion projects in Montana this year.
BNSF will expand capacity in Montana by constructing three new unit train
staging tracks about three miles east of Glasgow and will enhance safety by
adding machine vision technology at Miles City to help detect damaged
equipment.
BNSF will also continue its robust track maintenance program in Montana, which
will include more than 2,300 miles of track surfacing and undercutting work,
the replacement of nearly 100 miles of rail and about 310,000 ties, as well as
significant signal upgrades for federally mandated positive train control
(PTC).
“BNSF's capital investments in Montana will help ensure our network is
prepared for growing demand for freight rail,” said Matthew K. Rose, chairman
and chief executive officer. “We are focused on investing to meet our
customers' expectations and on expanding capacity where growth is occurring.
Given the importance of a low cost supply chain to the U.S. economy, our
privately funded rail infrastructure is well positioned to help all Montana
industries compete in global markets.”
The planned capital investments in Montana are part of BNSF's record 2013
capital commitment of $4.3 billion. The largest component of the capital plan
is spending $2.3 billion on BNSF's core network and related assets. BNSF also
plans to spend approximately $1 billion on locomotive, freight car and other
equipment acquisitions, many of which will serve Montana. The program also
includes about $200 million for positive train control and $800 million for
terminal, line and intermodal expansion and efficiency projects.
Unlike other modes of transportation, U.S. freight railroads use their own
private dollars, not tax dollars, to build and maintain their freight rail
networks. Since the year 2000, BNSF has invested more than $42 billion to
improve and expand its freight rail network.
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