Norfolk Southern

Norfolk Southern operating ratio targeted at 60 percent; Job cuts planned

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 annual report yields new details on capital spending

CSX has filed its annual report with securities regulators, and the document contains some items of interest to railroad contractors and vendors.

CN double track

CN capital spending on maintenance holds steady

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 capital spending

Norfolk Southern capital spending to hold steady

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 –

UP capital spending

UP capital spending to hold at $3.2 billion

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

CP Kamloops

Canadian Pacific capital spending forecast flat for 2019

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

KCS capital spending to rise in 2019; maintenance and track stay flat

Kansas City Southern (KCS) plans to increase capital spending to between $640 million and $660 million this year, up substantially from the $530 million in capital expenditures in 2018. But those capex

CP Railway

CP plans overhaul of Rogers Pass tunnel

The Canadian Pacific Railway is planning extensive work in its famed Mount MacDonald Tunnel, the longest railway tunnel in the western hemisphere. It’s our current most important asset,” John Leonardo, general manager

CSX capital spending to hold steady between $1.6-$1.7 billion

CSX capital spending will be roughly unchanged in 2019, coming in somewhere between $1.6 billion and $1.7 billion.

Railroad turntable from Atlanta draws attention in Tennessee

City officials in Watertown, Tenn., are predicting what they expect to be a dramatic boost to the city’s tourism with the addition of a new attraction. A railroad turntable arrived during the