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
Norfolk Southern is the latest Class 1 railroad to say its 2019 capital spending will be on par with 2018 levels — about $1.8 billion. Jon Zillioux, NS assistant vice president –
The Union Pacific railroad committed to $3.2 billion in 2019 capital spending, the same amount it says it invested 2018. The capex figures were released as UP reported record 2018 fourth quarter
The Canadian Pacific Railway will hold its 2019 capital spending to the same US$1.6 billion seen last year, according to fourth-quarter and full-year earnings statements released after the market closed today. That