Additional CN capex announcements: C$460 million in British Columbia and C$120 million in Saskatchewan
CN continued announcements this week with capex plans for its lines in British Columbia (C$460 million) and Saskatchewan (C$120 million).
capex
Canadian National continues capex announcements with work in Quebec and Nova Scotia
Canadian National continues to provide detail on capex spending.
Canadian National announces capex plans for lines in Ontario and Manitoba
Canadian National announced capital investments of C$350 million in Ontario and C$95 million in Manitoba.
February Cover Story: 2020 CapEx forecast
The Pacific Ocean comes with a high tide and a low tide. The cycle happened like clock work every day during the NRC annual meeting in San Diego, Calif., in early January,
Amtrak state of good repair backlog tops $33.3 billion
There’s a lot of work to be done on Amtrak. The railroad said its state of good repair backlog (SOGR) has passed $33.3 billion, with $28.1 billion of that on the Northeast
NJT packs ’em in with $800MM in contracting plans
For New Jersey Transit, the days of subsisting on a starvation capital diet imposed by former Gov. Chris Christie appear over. On March 26, the agency hosted an open house for prime
CN targets more than $184 million in capex for Saskatchewan
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
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.
BNSF 2019 capex: Up 5% to $3.57 billion
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 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.
Genesee & Wyoming to increase capex slightly
Genesee & Wyoming Railroad Services Inc. is expected to increase its capital spending slightly this year after earnings beat analyst estimates. That’s the takeaway from G&W’s earnings report, released today, and a
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
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
BNSF completes double-track project in Washington to finish 2018 capex spend
BNSF Railway’s Engineering department said it placed nearly five miles of new double-track in to service between Washougal and Mt. Pleasant, Washington on the Fallbridge Subdivision last week. That work marks the conclusion