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Home » BNSF chief: More targeted infrastructure spending needed
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BNSF chief: More targeted infrastructure spending needed

November 15, 2010
Mark B. Solomon
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The CEO of BNSF Railway said today that Congress and the Obama administration should focus a multi-year transportation reauthorization program to address congestion in and around the nation's commerce centers and avoid distributing funds in areas where the impact will be limited.

Matthew K. Rose, chairman, president, and CEO of BNSF, said reauthorization funds should "not be spread like peanut butter" across the country. Instead, they should be focused on improving infrastructure and relieving congestion within the 30 U.S. cities that handle the equivalent of 70 percent of the nation's gross domestic product, he said.

Rose, whose company is owned by billionaire investor Warren E. Buffett's Berkshire Hathaway Inc., appeared on a panel of CEOs at the National Industrial Transportation League's annual meeting in Fort Lauderdale, Fla.

The most recent multi-year surface transport reauthorization bill expired on Sept. 30, 2009. The program has been surviving on a series of short-term funding extensions since then.

Transportation Rail
KEYWORDS Burlington Northern Santa Fe
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Marksolomon
Mark Solomon joined DC VELOCITY as senior editor in August 2008, and was promoted to his current position on January 1, 2015. He has spent more than 30 years in the transportation, logistics and supply chain management fields as a journalist and public relations professional. From 1989 to 1994, he worked in Washington as a reporter for the Journal of Commerce, covering the aviation and trucking industries, the Department of Transportation, Congress and the U.S. Supreme Court. Prior to that, he worked for Traffic World for seven years in a similar role. From 1994 to 2008, Mr. Solomon ran Media-Based Solutions, a public relations firm based in Atlanta. He graduated in 1978 with a B.A. in journalism from The American University in Washington, D.C.

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