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CSX plans $2.2 billion capital program for 2017
CSX revealed a preliminary 2017 capital investment of $2.2 billion during its Fourth Quarter earnings call on Jan. 18.
Kansas City Southern 2017 capital program to be in $550-$560M range
Kansas City Southern will spend between $550-$560 million on it's capital program in 2017, which is a four to five percent reduction from its 2016 capital program of $584 million.
Union Pacific targets $3.1 billion capital program in 2017
Union Pacific aims to spend approximately $3.1 billion on its 2017 capital program, pending approval by the Class 1's Board of Directors.
CTC allocates more than $25 million to California freight, rail transit projects
The California Transportation Commission (CTC) has allocated more than $127 million to 49 projects to maintain the state's infrastructure systems.
Met Council’s Blue Line extension gets green light
The Metropolitan Council (Met Council), which serves the Twin Cities, received approval from the Federal Transit Administration (FTA) to begin engineering on the Blue Line extension.
Henderson named president of R.J. Corman Railroad Services; Rush to serve as SVP Commercial Development R.J. Corman Railroad Group
R. J. Corman Railroad Group, LLC, named Nathan Henderson as president of R. J. Corman Railroad Services, LLC, and of Noel Rush to serve as senior vice president Commercial Development,…
Sen. Menendez talks infrastructure priorities with USDOT Secretary-designate Chao
U.S. Sen. Bob Menendez (D-N.J.) met with U.S. Department of Transportation (USDOT) Secretary-designate Elaine Chao on Jan. 18 to discuss infrastructure priorities, specifically, the Gateway Program.
USDOT report confirms significant backlog in infrastructure investment
A Congressionally-mandated report has found that U.S. infrastructure requires more investment to maintain existing systems, as well as tackle a significant backlog of repair work.
Testing on Port Defiance Bypass to begin next week
Testing will begin along a portion of the Port Defiance Bypass project in Washington state in mid January.
PANYNJ releases $32 billion 10-year capital plan
The Port Authority of New York and New Jersey (PANYNJ) released its draft 10-year capital plan, which addresses $32 billion worth of projects in New York and New Jersey.
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