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CN 2016 capital plan shows slight increase over 2015
Canadian National's 2016 capital plan includes an investment of approximately CA$2.9 billion (US$2.07 billion) in rail infrastructure and equipment to raise network efficiency, support long-term growth and further strengthen safety.…
UP Board approves $3.75 billion 2016 capital plan
The Union Pacific Board of Directors approved the company's 2016 capital plan of approximately $3.75 billion, down about $550 million versus 2015. The plan includes $375 million to further implement…
Connecticut bond commission approves funds for Metro-North yard
Connecticut has allocated $17.5 million in state funding for the design, engineering and construction of a new rail yard on the Metro-North Railroad Danbury Branch Line in Norwalk. The funding…
Norfolk Southern 2016 capex reflects strategic focus toward streamlined railroad
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 plans $4.3 billion 2016 capital plan
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…
KCS 2016 capital program reflects 10 percent reduction over 2015
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 estimates $3.75B capital program in 2016
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.
CSX targets $2.4 billion capex in 2016
CSX is aiming for a $2.4 billion capital expenditure program in 2016, which reflects a $100 million reduction over 2015 numbers.
Morsches named CEO of TranSystems
Richard Morsches, PE, has been promoted to chief executive officer of TranSystems Corp. He brings to this role more than 30 years of experience and progressive leadership from serving clients…
KCS plans rail, bridge projects in Louisiana
Kansas City Southern (KCS) will invest approximately $15 million in 2016 on rail and bridge improvement projects on its Beaumont Subdivision between DeQuincy and DeRidder, La. These projects will help…
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