March 17 - BNSF Railway Company (BNSF) has revealed a USD5 billion capital commitment plan for 2014, up USD1 billion over its 2013 capital spend.
BNSF will spend USD2.3 billion on its core network and related assets; USD1.6 billion will be invested on locomotives, freight cars and other equipment acquisitions. In addition USD900 million as been earmarked for terminal, line and intermodal expansion and efficiency projects.
According to BNSF, its expansion will focus on line capacity improvements to accommodate growth in agricultural products, intermodal, automotive, and industrial products volumes.
www.bnsf.com