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
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
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 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.
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 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 –