BNSF 's planned capital expenditures for 2015 will be $6 billion, which will go toward maintenance and expansion of the railroad in order to meet the expected demand for freight rail service.
Association of American Railroads (AAR) President and Chief Executive Officer, Edward Hamberger recently said that a strong and robust freight rail network is needed to meet the country's transforming business challenges head on.
Central Maine & Quebec Railway appointed Harold Tynes as chief financial officer, effective November 10, succeeding Sachi Mishra.
Union Pacific will strengthen Illinois' transportation infrastructure by investing $12 million in the rail line between West Chicago and Franklin Grove. The project began October 1 and is scheduled to be completed by mid-December.