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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.
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.
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.
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.
MTA awards L.K. Comstock Queens Boulevard Line signaling contract
Metropolitan Transit Authority (MTA) awarded a $223.3-million contract to L.K. Comstock & Company Inc. to upgrade the Queens Boulevard Line signaling system and install communications-based train control (CBTC).
Reading & Northern increases track speed between Reading and Port Clinton, Penn.
Reading & Northern Railroad has increased the track speed of its Main Line between Reading, Penn., and Port Clinton to 40 mph.
Illinois law doubles fines for grade-crossing warning scofflaws
Illinois will have the strictest penalties in the nation beginning Jan. 1, 2017 for vehicular offenses associated with attempting to cross railroad tracks after grade-crossing systems have activated.
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