The infrastructure and rolling stock maintenance component of this year’s plan totals $2·47bn. This includes the replacement of 850 km of rail and nearly 2·3 million sleepers.
Approximately $760m has been allocated for expansion and efficiency projects. The majority of the planned works are on the northern and southern trans-continental routes connecting southern California with Chicago and the Pacific Northwest to the Upper Midwest. Locomotive and wagon acquisitions are expected to total $340m.
‘Our rail network is in excellent shape and its condition is a direct result of our continued capital investments’, said President & CEO Carl Ice on February 13. ‘We work tirelessly to provide the level of service our customers expect and to position ourselves well for future growth opportunities.’
From www.railwaygazette.com
2019 China (Hunan) International Rail Transit Industry Expo