BNSF Railway Co, a subsidiary of Burlington Northern Santa Fe Corp. (BNI), announced a planned 2010 capital commitment program of $2.4 billion, which is expected to be approximately $240 million lower than 2009 due to fewer expected 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 approximately 170 locomotives at a cost of about $320 million.
"For 2010, BNSF currently expects to invest approximately $2.4 billion to ensure our infrastructure remains strong and to improve the efficiency of our operations", said Matthew Rose, BNSF Chairman, President and CEO.
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