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Posts published in “Day: February 2, 2018”

BNSF budgets $3.3 billion for 2018 capex plan

BNSF Railway Co. will spend $3.3 billion on capital expenses this year, the Class I announced yesterday.The investment is the same amount as last year's capital budget, according to a BNSF press release.This year's capital plan reflects BNSF's continued focus on maintaining its network as well as expansion projects aimed at meeting customer demands, BNSF…

ARCI: Mixed results for Q4 car orders, deliveries

Rail-car orders in fourth-quarter 2017 totaled 8,501 units compared with 8,671 units in the third quarter and 4,866 units in fourth-quarter 2016, according to quarterly statistics released this week by the Railway Supply Institute's American Railway Car Institute Committee (ARCI).Car deliveries in Q4 2017 rose to 13,404 units from 11,015 units in Q3. Deliveries for…