UP capital expenditures in 2011 to soar 25 percent PDF Print E-mail
Tuesday, November 09, 2010

Union Pacific will increase its capital spending by 25 percent to $3.25 billion in 2011, the Journal of Commerce reports. UP capital expenditures in 2010 totaled $2.6 billion.


UP said it will be purchasing as many as 200 new locomotives in 2011, upgrade numerous corridors to accommodate double-stack container cars and replace a 100-year-old bridge across the Mississippi River at Clinton, Iowa.

 
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