HOMEWOOD, Ill. — Canadian National will spend $485 million on capital projects in eight states as the U.S. portion of its capital plan for 2022, the railroad has announced.
Overall, the company will spend more than C$2.6 billion on its capital program. It had previously announced almost C$2 billion in Canadian projects [see “CN announces plans …,” Trains News Wire, June 27, 2022].
State-by-state plans include:
— Illinois: $150 million for replacing 10 miles of rail, installing approximately 133,000 new ties, and rebuilding surfaces at 35 grade crossings.
— Wisconsin: $85 million for 10 miles of rail; 10,000 new ties; and 53 grade crossings.
— Mississippi: $65 million for replacing 5 miles of rail, 130,000 ties, and rebuilding of 14 grade crossings.
— Michigan: $55 million for 4 miles of rail, 50,000 new ties, and rebuilding of 19 grade crossings.
— Minnesota: $55 million for 5 miles of rail; 105,000 new ties; and 15 grade crossings.
— Tennessee: $30 million for 38,000 new ties and 16 grade crossings.
— Louisiana: $25 million for 4 miles of rail; 20,000 new ties, and 16 grade crossings.
— Iowa: $20 million, for more than 14 miles of rail; 9,000 new ties, and rebuilding of 14 grade crossings.
A summary of plans for the U.S. and Canada is available here.
Headquartered in Montreal-Quebec, as Canada’s largest railway, in terms of both revenue and the physical size of its rail network, the Canadian National Railway Company (reporting mark CN) plans to invest in 2022 to power sustainable growth and build the premier railway of the 21st century.
These investments are part of CN’s capital program which will amount to approximately 17% of annual revenues.
They include key track expansion projects that will boost capacity allowing CN to better service its growing customers.
Essential to the North American economy, the CN team of approximately 24000 railroaders transports more than C$250 billion worth of goods annually for a wide range of business sectors, ranging from resource products to manufactured products to consumer goods, across a rail network of approximately 20000 route-miles (32180 km) spanning Canada and the Midwestern and Southern United States.
Dr. Güntürk Üstün
Operating a Railroad Requires Routine Maintenance of Rails Ties and Crossing Upgrades to Keep the Freight On Track and Keeping the Goods The Country Needs to Survive