CN to invest hundreds of million in railway network improvements
CANADIAN National Railway (CN) plans to invest US$505 million in capital projects this year across Illinois, Louisiana, Tennessee and Wisconsin
CANADIAN National Railway (CN) plans to invest US$505 million in capital projects this year across Illinois, Louisiana, Tennessee and Wisconsin.
Illinois' projects are budgeted to receive the most money among the four states - $190 million - which includes investments to add capacity to the Joliet Intermodal Terminal. CN also will replace 11 miles of the 1,254 miles of railroad it operates in the state, install 88,000 new railroad ties, and rebuild 53 road-crossing surfaces, reported American Shipper.
The railroad operator also intends to invest $120 million in Wisconsin, including the construction of eight miles of double track near Hawthorne, the replacement of 35 miles of the 1,429 miles of railroad route miles operated, the rebuild of 80 road-crossing surfaces, and the installation of 90,000 new railroad ties.
CN's capital investment in Tennessee calls for $100 million for the replacement of 15 miles of rail, the installation of 95,000 new railroad ties and the rebuild of 17 road-crossing surfaces. The company operates 173 miles of railroad in the state.
Furthermore, $95 million will be spent on projects in Louisiana, including a multi-year project to rebuild the two-mile-long bridge over the spillway near the southwest shore of Lake Pontchartrain. The company also plans to replace 15 miles of the 240 miles of railroad it operates, install 55,000 new railroad ties, and rebuild 18 road-crossing surfaces.