US-based railroad operator Union Pacific is planning to invest $72m to improve transportation infrastructure in Louisiana.

The company’s investment will improve employee, community and customer safety, as well as increase rail operating efficiency.

Private investments in Union Pacific sustain jobs and ensure the company meets growing demand for products used in the resurgent American economy.

"Continuing to aggressively invest in our infrastructure is an important element in Union Pacific’s unwavering safety commitment."

The planned investment covers a range of initiatives, including $67m to maintain railroad track, $1m to improve signal systems and $2m to maintain or replace bridges.

Other major projects include investing $11m in the rail line between Columbia and Pollock to replace 22 miles of rail and repair the surfaces at 21 road crossings, $8m in the rail line between Fordoche and Morrow to replace 22 miles of rail and repair the surfaces at 12 road crossings.

The company invested more than $568m between 2010 and 2014 in order to strengthen Louisiana’s transportation infrastructure.

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.

Union Pacific Southern Region Public Affairs vice-president Brenda Mainwaring said: "We constantly evaluate our customers’ needs to make targeted investments that enhance our efficiency and deliver the goods American businesses and families use daily.

"Continuing to aggressively invest in our infrastructure is an important element in Union Pacific’s unwavering safety commitment."

The company intends to invest $4.2bn across its network this year, following investments totalling more than $31bn from between 2005 and 2014.