TITLE

RAIL OPERATORS EARMARK $9BN FOR EXPANSION

AUTHOR(S)
Kamalick, Joe
PUB. DATE
April 2007
SOURCE
ICIS Chemical Business;4/23/2007, Vol. 2 Issue 63, p15
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article reports that the Association of American Railroads said its member companies would spend $9.4bn in 2007 to lay additional track, buy new locomotives and other rolling stock, and refurbish infrastructure to improve capacity and service. The rail operators disclosed plans for capital spending as U.S. chemical producers and other manufacturers pressed legislation in Congress for relief from exorbitant rail freight rates.
ACCESSION #
24983103

 

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