By | June 7, 2023 Overall capital spending for 2023 to exceed C$2.6 billion
HOMEWOOD, Ill. — Canadian National will spend $485 million on capital projects in eight states as the U.S. portion of its capital plan for 2023, 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, 2023].
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.
