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(Source: Progressive Railroading, January 20, 2023)

BNSF Railway Co. yesterday announced it would spend $3.96 billion this year on capital projects. This year’s capital plan exceeds the $3.55 billion the Class I invested in capital commitments in 2022 and $2.97 billion in 2021. The largest component of the 2023 plan — $2.85 billion — will be spent on maintenance of BNSF’s core network and related assets, company officials said in a press release.

Full story: Progressive Railroading