SPRING, Texas, March 12, 2018 /PRNewswire/
-- Kansas's
transportation infrastructure will receive a $113 million boost from Union Pacific Railroad in
2018. The company's planned private investment will enhance safety,
operating efficiency and support customer service.
Union Pacific builds and maintains its track without taxpayer
funds and its trains reduce traffic on Kansas's congested highways. A single Union
Pacific train can carry as much freight as 300 trucks and move one
ton of freight 452 miles on a single gallon of diesel, generating a
carbon footprint that is 75 percent less than trucks.
Union Pacific's private investments sustain jobs and ensure the
company meets growing demand for products used in the American
economy. The company's planned investment covers a range of
initiatives, including $80 million to maintain railroad track
and $8.6 million to maintain
bridges in the state. Key projects planned this year include:
- $20 million investment in the
rail line between Paola and Parsons to replace 42 miles of
rail.
- $12 million investment in the
rail line between Minneola and
Liberal to replace 26 miles of
rail.
This year's planned $113 million capital expenditure in
Kansas is part of the company's
ongoing investment strategy. In the last five years, 2013-2017,
Union Pacific invested more than $421 million strengthening
Kansas's transportation
infrastructure.
"Our targeted investments support customers and enhance our
efficiency to deliver the goods American businesses and families
use daily," said Liisa Lawson Stark,
Union Pacific assistant vice president - Public Affairs, Northern
Region.
Union Pacific plans to spend $3.3
billion across its network this year, following investments
totaling approximately $34 billion
from 2008-2017.
ABOUT UNION PACIFIC
Union Pacific Railroad is the principal operating company of
Union Pacific Corporation (NYSE: UNP). One of America's most
recognized companies, Union Pacific Railroad connects 23 states in
the western two-thirds of the country by rail, providing a critical
link in the global supply chain. In the last 10 years, 2008-2017,
Union Pacific invested approximately $34
billion in its network and operations to support America's
transportation infrastructure. The railroad's diversified business
mix is classified into its Agricultural Products, Energy, and
Industrial and Premium business groups. Union Pacific serves many
of the fastest-growing U.S. population centers, operates from all
major West Coast and Gulf Coast ports to eastern gateways, connects
with Canada's rail systems and is
the only railroad serving all six major Mexico gateways. Union Pacific provides value
to its roughly 10,000 customers by delivering products in a safe,
reliable, fuel-efficient and environmentally responsible
manner.
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SOURCE Union Pacific