Union Pacific Railroad invests $6.5m in Western Nebraska Line

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Union Pacific Railroad will continue improving Nebraska’s transportation infrastructure with nearly $6.5 million in investment to enhance the rail line that runs from Broadwater to near Northport, Nebraska.

The more than 14-mile project includes removing and installing rail and renewing the surfaces at 14 road crossings.

Union Pacific plans to invest approximately $3.3 billion in capital during 2011, which supports America’s current and future freight transportation needs and enhances the safety and efficiency of the railroad’s 32,000-mile network.

Improvement projects such as this are examples of Union Pacific continuing efforts to support its customers’ business through strategic investments.

According to the Association of American Railroads, America’s largest railroads keep pace with the top nine states in terms of highway spending, and they do it with private, not taxpayer, money.

In 2010, capital spending by Class I railroads totaled $9.8 billion, and the industry plans to make $12 billion in capital spending during 2011.

Freight rail companies have invested $480 billion to maintain and modernise the national rail network since 1980.

 

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