Genesee & Wyoming Inc. (G&W) will target a $225 million capital program in 2016, which is down approximately 28 percent when compared to its 2015 spend of $315 million.
Norfolk Southern has a planned capital improvement budget of $2.1 billion in 2016, which is $300 million less than its record $2.4 billion capital plan in 2015.
BNSF Railway released plans for a $4.3 billion 2016 capital expenditure program focuses on helping to ensure the company continues to operate a safe and reliable network this year and beyond.
Kansas City Southern estimates its 2016 capital program will be between $580-590 million, which represents an approximate 10 percent decline from its $649 million program in 2015.
Union Pacific is planning for a $3.75 billion capital program in 2016, pending approval from its board the railroad said in an earning release.
The National Transportation Safety Board (NTSB) released its 2016 Most Wanted List of transportation safety improvements on January 13 at the 95th Annual Meeting of the Transportation Research Board.
CSX is aiming for a $2.4 billion capital expenditure program in 2016, which reflects a $100 million reduction over 2015 numbers.
The largest container ship ever to call at a North American port, CMA CGM Benjamin Franklin, arrived at the Port of Los Angeles on Saturday, December 26.