By Denny Jacob
BNSF Railway Co., a Berkshire Hathaway Inc. subsidiary, on Thursday said its expects to spend $3.96 billion this year on capital investments.
The freight transportation company said the largest component of its plan, $2.85 billion, is allocated to maintaining its core network and related assets. Equipment acquisitions is allocated $402 million, while over $700 million will be for expansion and efficiency projects, BNSF said.
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(END) Dow Jones Newswires