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BNSF Railway. Freight Rail Overview for Iowa Transportation Commission April 10, 2012. U.S. Freight Transportation. Pipe 17%. Air 1%. Rail 42%. Truck 28%. Water 12%. Intercity Ton-Miles, by Mode. Source: Eno Transportation Foundation. U.S. Freight Railroad Performance.
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BNSF Railway Freight Rail OverviewforIowa Transportation Commission April 10, 2012
U.S. Freight Transportation Pipe 17% Air 1% Rail 42% Truck 28% Water 12% Intercity Ton-Miles, by Mode Source: Eno Transportation Foundation
U.S. Freight Railroad Performance (Index 1981 = 100) Productivity Volume Revenue Price Source: AAR
Railroading is America’s Most Capital-Intensive Industry 3% 4% 4% 5% 6% Capital Expenditures as a % of Revenue* 18% *U.S. Bureau of the Census
Rail Industry Investments Buildings, InformationSystems, etc. 5% Freight Cars 9% Locomotives 11% Right of way 75% Source: Transmatch Consulting
Public Policies Should Encourage Use of Freight Rail Advantages of Rail: A Ratio of 5 to 1 Air Pollution NoiseCongestionSafety In Mil Societal Cost per Billon Ton Miles
BNSF Profile Balanced revenue base Superior intermodal franchise Strong bulk franchise BNSF Volumes Agricultural Products 12% Intermodal 47% Coal 26% Industrial Products 15% 2011 Revenues: $19.5 billion Units: 9.5 million
BNSF in Iowa • Key Customers: Cargill, Bunge, Heartland, Bartlett, Iowa State Utilities • 1,015 Employees • 2.6 Million carloads handled 8
BNSF in Iowa • 2012 Capital Investments: $57 million • Major Projects: • Completion of bridge over Mississippi River at Burlington ($153 million) • Completion of four “crossovers” funded by stimulus bill • 52 road crossing upgrades • Burlington “blitz” weekend March 23: bridge / ties / seven road crossings • Extensive general maintenance (Ex: $35 million Burlington – Council Bluffs line) • Council Bluffs: Rationalization of rail lines in conjunction with I-80/29 rebuilding 9
BNSF in Iowa 10
BNSF in Iowa • 2012 Capital Investments: $57 million • Major Projects: • Completion of bridge over Mississippi River at Burlington ($153 million) • Completion of four “crossovers” funded by stimulus bill • 52 road crossing upgrades • Burlington “blitz” weekend March 23: bridge / ties / seven road crossings • Extensive general maintenance (Ex: $35 million Burlington – Council Bluffs line) • Council Bluffs: Rationalization of rail lines in conjunction with I-80/29 rebuilding 11