US-based railroad operator Union Pacific is planning to invest $13.5m to improve transportation infrastructure in Wyoming.

The investment will be used to replace 74,000 railroad ties, install 23,000t of rock ballast and replace five miles of rail in various curves on the rail line between Laramie and near Hanna.

Go deeper with GlobalData

Premium Insights

The gold standard of business intelligence.

Find out more

Related Company Profiles

View all

Funded entirely by the company without taxpayer dollars, the project is scheduled to be completed in mid-September.

Additionally, crews will be responsible to repair the surfaces at 21 road crossings in the region.

"Union Pacific helps businesses connect with consumers, suppliers and markets across the nation and around the world."

The project is part of the company’s aim to help improve train operating efficiency, reduce motorist wait times at crossings and enhance safety across its 32,000-mile network this year.

See Also:

Union Pacific northern region public affairs vice-president Donna Kush said: "Union Pacific helps businesses connect with consumers, suppliers and markets across the nation and around the world.

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.

"In addition to helping move our customers’ goods safely and efficiently, our investments support communities by reducing traffic congestion, facilitating industrial development and promoting economic expansion."

This year, the company plans to invest more than $51.5m to improve transportation infrastructure in Wyoming.

The company’s planned investment in the state covers a range of initiatives, including $48m to maintain railroad track, $3m to improve signal systems and nearly $700,000 to maintain or replace bridges.

This year, the company will invest $4.2bn across its network, following investments totalling more than $31bn between 2005 and 2014.