Rail company and freight carrier BNSF Railway has announced that it is to invest billions of dollars into its infrastructure announcing an intent to lease additional locomotives and pour a significant amount of the company’s capital into track and facilities.

The announcement from BNSF comes in the wake of much questioning of the capacity of America’s rail networks to cope with the future needs of the nations rail freight.(*)

Indeed BNSF, heeding the warnings about the need for better infrastructure to address coal transport issues intends to continue its installation of double-track in  the coal-producing regions of Nebraska and Wyoming.  Also in line for improvements are Intermodal facilities in Kansas City, Los Angeles, and Memphis as well as investment in additional sidings infrastructure between Houston and Fort Worth.

BNSF Chairman, President and Chief Executive Officer Matthew Rose said on the release of BNSF’s 2007 fourth quarter results that in 2008 the company “expects to spend more than $1.8 billion to keep our infrastructure strong by refreshing track, signal systems, structures, freight cars, and upgrading technologies.”

BNSF Railway Company operates one of the largest railroad networks in North America in 28 states and two Canadian provinces.

Source: BNSF Railway

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