This article has been reprinted from the Feb. 28 USDA Grain Transportation Report.
On February 13, BNSF Railway (BNSF) announced its plans to spend $3.57 billion in capital expenditures in 2019, up 5 percent from last year.
About $2.47 billion will be spent on replacing and maintaining the core network, including replacing/upgrading rail and track infrastructure and maintaining rolling stock.
In addition, approximately $0.76 billion has been allocated for expansion and efficiency projects, with most expansion projects planned for its Northern and Southern cross-country routes that connect the Pacific Northwest to Upper Midwest and Southern California to Chicago.
Finally, about $0.34 billion is for freight cars, locomotives, and other equipment acquisitions. BNSF has invested nearly $65 billion in its network since 2000.