BNSF Railway Outlines $3.96B in 2023 Capital Investments

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.

Write to Denny Jacob at denny.jacob@wsj.com

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