BNSF News

BNSF Announces $2.4 Billion Capital Commitment Program

2010-01-25

BNSF has announced a planned 2010 capital commitment program of $2.4 billion.

The figure is expected to be about $240 million lower than 2009 since the company expects to make fewer locomotive acquisitions in 2010. BNSF currently expects to spend about $2.1 billion for track, signal systems, structures and freight cars, and to upgrade technologies, including the unfunded mandate for positive train control. The company also anticipates acquiring about 170 locomotives at an estimated cost of $320 million.

"For 2010, BNSF currently expects to invest about $2.4 billion to ensure our infrastructure remains strong and to improve the efficiency of our operations," said Matthew K. Rose, BNSF chairman, president and chief executive officer. "Similar to 2009, we remain committed to making the necessary investments to protect and grow the value of our franchise despite an uncertain economic environment."

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For more information on the company and its transportation solutions, visit the BNSF Web site at www.bnsf.com