US-based freight transport firm BNSF Railway (BNSF) is planning to invest $106m in the state of Washington during 2012 for railway maintenance, capacity improvements and expansion projects.
Under the project, BNSF will build a new lead to access the Port of Longview in Washington, as well as improve signals for a US government-mandated positive train control (PTC) system.
The investment will be used for a track maintenance programme in Washington that will include 1,020 miles of surfacing and undercutting work, and the replacement of 56 miles of rail and around 178,000 ties.
BNSF chairman and CEO Matthew Rose said: "BNSF’s investments will improve our ability to provide rail freight services to Washington businesses and communities, and will expand opportunities to create more jobs and growth for the Washington economy."
The Washington spending is part of the company’s $3.9bn capital investment programme for 2012, out of which around $2.1bn will be spent on improvements on the railway’s core network and related assets.
The company is also planning to invest $1.1bn on locomotives, freight cars and other equipment acquisitions.
Close to $300m will be invested on the PTC system, while $400m will be spent on terminal, line and intermodal expansion and efficiency projects.
In June 2012, the company announced that it would invest $92m in Oklahoma, $80m in Arizona, $65m in New Mexico, $60m in Wyoming and $80m in Colorado for railway maintenance.
Image: BNSF’s $106m investment in Washington is intended to improve its ability to offer rail freight services. Photo: courtesy of Railfan Jack.