Record-setting floods have caused extensive damage to railroad infrastructure across large sections of the Midwest, prompting a surge in construction and repair work.
Work will soon be underway at the site of CSX’s proposed intermodal rail facility across from North Carolina Wesleyan College, a liberal arts college based in Rocky Mount, N.C.
Canadian National plans to spend more than $184 million (C$245 million) on construction projects this year in the province of Saskatchewan, as the Class 1 railroad looks to improve efficiency on the
CSX and the state of Maryland are asking for federal money to expand the Howard Street Tunnel in Baltimore to fit double-stack trains.
BNSF details 2019 capex plans; $405 million for Texas, $245 million for California; $80 million for New Mexico
BNSF Railway Company will spend $650 million of its planned $3.57 billion capex for 2019 in Texas and California, as the Class 1 looks to boost capacity and efficiency in key routes.
A Pittsburg politician has suggested that Norfolk Southern fails to follow up when its own inspections show damage to tracks or bridges.
BNSF Railway will invest $3.57 billion in capital in 2019—a 5% increase from 2018—toward “maintaining and expanding its network with an unwavering focus on operating a safe railroad that meets customers’ demands.”
Norfolk Southern plans to hold its capital expenditures between 16 percent and 18 percent of revenues through 2021, as the railroad targets an operating ratio of 60 percent by that year.
CSX has filed its annual report with securities regulators, and the document contains some items of interest to railroad contractors and vendors.
CN will invest approximately a record $2.94 billion (C$3.9 billion) in its capital spending program. But only $1.2 billion (C$1.6 billion) is targeted toward track and railway infrastructure maintenance — the same