CN targets $2.2B in 2015 capex

Canadian National plans to invest CA$2.7 billion (US$2.2 billion) in rail infrastructure maintenance and improvements, as well as in new capacity, equipment and technology in 2015 to raise network safety and efficiency, improve service and support future growth

Tutor Perini gets Amtrak concrete casing contract

Tutor Perini Corporation has been awarded a contract by Amtrak to construct the 11th Avenue extension to the concrete casing recently completed by Tutor Perini beneath the Eastern Rail Yard of the Hudson Yards site in New York City. The contract value is approximately $56.3 million and the project has been funded through a U.S. Department of Transportation Sandy Resiliency grant under the 2013 Disaster Relief Act.

UP plans $109 million in Iowa trackwork

Union Pacific plans to invest more than $109 million in 2015 to improve Iowa’s transportation infrastructure. The company’s multi-million dollar private investment will enhance employee, community and customer safety and increase rail operating efficiency.

State auditor validates BART’s projections and reinvestment needs

A rigorous state audit validated Bay Area Rapid Transit’s (BART) financial projection process and reaffirmed that BART is facing $9.6 billion in capital needs, potentially affecting the reliability of rail service if additional revenue isn’t secured. The audit reports BART has taken recent steps to improve its process for planning capital improvements and has already begun work to secure funding and identify potential future funds.

UP marks grade-crossing safety milestone

Union Pacific credits a focus on community safety outreach, operating processes and employee training resulting in a record first-quarter grade-crossing safety performance, demonstrating ongoing progress toward the company’s ultimate goal of zero incidents.