Freight

CSX sets 2015 capital expenditures at $2.5 billion

CSX Corporation had a lot of good news for investors during this mornings Quarter 4 2014 earnings conference call including record fourth-quarter 2014 net earnings. The railroad also unveiled that it will target a $2.5-billion capital expenditure program in the upcoming year. In 2014, the railroad targeted a $2.3-billion capital spend program.

BNSF adds director of tribal relations

BNSF‘s new director of tribal relations, Chris Howell, will focus on strengthening and reinforcing BNSF relationships with Native American tribes. That focus will include a lot of “windshield” time as Howell travels the system making connections with the 86 tribes that BNSF touches every day – and more than 150 within close driving range of the BNSF rail network.