(Source: Freight Waves, February 4, 2020)
CHATTANOOGA, Tenn. — BNSF lowered its overall budget for capital expenditures in 2020 from 2019 levels, although more funding will be allocated toward replacing and upgrading network assets. The carrier expects capital investments to total $3.4 billion, according to a Jan. 31 note to customers. In contrast, BNSF planned a capital investment budget of $3.57 billion in 2019.
Full story: Freight Waves