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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.
House T&I Committee to tackle what is needed from infrastructure at first hearing
The House Transportation and Infrastructure Committee will hold its first hearing of the 115th Congress next week and will explore how and what to build in order to meet the…
L.K. Comstock awarded $98 million MTA contract to upgrade Kings Highway Interlocking signal system
The Metropolitan Transportation Authority (MTA) has awarded a $98 million contract to L.K. Comstock & Company Inc., an electrical contractor and RailWorks Corporation subsidiary, to upgrade the Brooklyn, N.Y., Kings…
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.
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.
PATH provides PTC, sleep apnea monitoring update
Port Authority Trans Hudson (PATH) updated its progress toward the installation of Positive Train Control (PTC), as well as its efforts monitor sleep apnea in employees in an effort to…
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