Union Pacific Railroad invests $31M in Wyoming

By Freddie Pierce
In line with its aggressive plans for growth to help stave off a double-dip recession, Union Pacific Railroad announced that it will invest over $30 mi...

In line with its aggressive plans for growth to help stave off a double-dip recession, Union Pacific Railroad announced that it will invest over $30 million in a Wyoming freight rail line.

Union Pacific says that it is investing about $31 million in a rail line that runs between Lusk and Shawnee in the Cowboy State.

The 37-mile stretch of rail line will be renovated with the funds, which will go toward installing more than 28 miles of fresh rail and almost 75,000 concrete ties. The millions Union Pacific is planning to invest will also go toward renewing the surfaces at seven road crossings. Crews will also replace three rail switches.

Most of the projects began earlier this month, and are scheduled to be completed in the middle of November.

SEE OTHER TOP FREIGHT RAIL STORIES IN THE SUPPLY CHAIN DIGITAL CONTENT NETWORK

Union Pacific CEO doesn’t expect double-dip recession

U.S. freight rail figures point toward continued economic growth

Check out September’s issue of Supply Chain Digital!

Union Pacific, the United States’ largest railroad network with 32,000 miles of track, plans to invest $3.3 billion in capital this year in an effort to improve the nation’s freight rail network. Since 1980, U.S. railroads have invested approximately $480 billion to maintain and modernize the freight rail system, including an estimated $12 billion in 2011, according to the Wyoming Business Report.

An improved freight rail system could do wonders for U.S. trade efficiency and sustainability, as freight trains are about four times more fuel efficient than trucks.

Union Pacific Railroad’s freight routes cover most of the Western United States, which includes privately owned track in 23 U.S. states.

Click here to download Supply Chain Digital’s iPad app!

Share

Featured Articles

How tech can help SMBs build a resilient supply chain

Investing in tech acros the supply chain - from raw materials to end-consumers - is the best way to resilience, says Pushkar Mukewar CEO of Drip Capital

Supply Chain Digital Show: Procurement burnout in spotlight

Supply Chain Digital Show features Katie McEwan, a Community Advocate for supplier data firm TealBook. She discusses how to remedy burnout in procurement

China policy sees Apple CEO Tim Cook go from hero to zero

With his eggs-in-in-one-basket China policy, Apple CEO Tim Cook is under intense pressure to loosen ties with China and diversify its manufacturing base

How will supply chain get tanks to front line in Ukraine?

Logistics

Logistics round-up: Amazon axes jobs; DHL lauded as employer

Logistics

Data-driven omnichannel 'is future for retail supply chains'

Digital Supply Chain