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Union Pacific board approves $3.1 billion 2017 capital program
The Board of Directors of Union Pacific approved its $3.1 billion capital program for 2017.
AAR estimates freight railroads will spend $22 billion on capital programs in 2017
The Association of American Railroads (AAR) estimates U.S. freight railroads will spend an estimated $22 billion in 2017 on capital programs.
Legislation to make 45G tax credit permanent re-enters House
A bill that would make the shortline maintenance tax credit permanent was introduced to the House of Representatives during the evening of Jan. 30.
Mining firm does away with rail spur as part of Nebraska project
NioCorp Developments Ltd. is removing plans for a 4.3-mile rail spur and supporting infrastructure that would have been constructed as part of its planned Elk Creek Superalloy Project.
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.
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.
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.
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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