Railroad News

Rail News Home Canadian National Railway - CN 6/30/2022 Rail News: Canadian National Railway - CN
CN this week announced plans to spend $230 million on capital expenditure projects in Louisiana, Minnesota, Mississippi and Wisconsin.The Class I has budgeted $85 million in Wisconsin, $65 million in Mississippi, $55 million in Minnesota and $25 million in Louisiana. The investments will go toward technology, capacity, rolling stock and decarbonization initiatives, as well as network improvements. The projects will increase sustainable growth and ensure the safe movement of goods in those states, CN officials said in a press release.Combined, the projects call for replacing 24 miles of rail, installing 265,000 new ties, rebuilding 97 grade crossing surfaces and performing maintenance work on bridges, culverts, signal systems and other track infrastructure."We continue to make significant investments in our network, technology, and capacity. We are building the premier railroad of the 21st century to do even more for our customers, railroaders, shareholders, and the communities in which we operate," said Sean Finn, CN's executive vice president of corporate services and chief legal officer.CN recently announced similar capital expenditure budgets for projects in Illinois and Tennessee, as well as in the provinces of Alberta, British Columbia, Manitoba, Nova Scotia and Quebec.

Rail News Home Canadian National Railway - CN 6/28/2022 Rail News: Canadian National Railway - CN
CN announced yesterday it has budgeted hundreds of millions of dollars for capital projects in the states of Illinois and Tennessee, and the provinces of New Brunswick and Saskatchewan.The Class I will invest CA$185 million in Saskatchewan, $150 million in Illinois, CA$40 million in New Brunswick and $30 million in Tennessee.The funds will pay for projects to advance technology, capacity, rolling stock and decarbonization initiatives, as well as network improvements. The projects will power sustainable growth and ensure the safe movement of goods in their respective areas, CN officials said in a press release.The investments call for replacing rail, installing new ties, rebuilding grade-crossing surfaces and performing maintenance work on bridges, culverts, signal systems and other track infrastructure."We continue to make significant investments in our network, technology and capacity," said Sean Finn, CN's executive vice president of corporate services and chief legal officer.In recent weeks, CN has announced plans for similar projects in the provinces of Alberta, British Columbia, Manitoba, Nova Scotia and Quebec.