USA

BNSF presents €3.65 billion capital plan for 2023

US Class I railway company BNSF has presented a capital investment plan for 2023 worth €3.65 billion (US$3.96 billion). Of this, €2.62 billion will be used for maintaining its core network and related assets. This concerns maintenance projects comprising replacing and upgrading rail and track infrastructure, such as ballast and sleepers, and maintaining rolling stock. This will cover 22,531 km of track maintenance work and the replacement of 556.8 km of rails and approx. 2.8 million sleepers. Moreover, €370 million is for equipment acquisitions and more than €645 million has been allocated for expansion and efficiency projects. The plan, which continues projects that add several sections of new track in eastern Kansas and southern California, also includes the launch of a multi-year terminal and fuelling project near Belen, New Mexico. In addition, BNSF will complete a second main track expansion in Fort Worth, Texas. And in the Pacific Northwest, BNSF will begin a multi-year double-tracking project near Spokane, Washington, including a crossing of the Spokane River and by constructing a siding near Pasco.