U.S. Freight Rail Project Kickoffs Total $691 Million in Fourth-Quarter 2015

SUGAR LAND--September 24, 2015--Researched by Industrial Info Resources (Sugar Land, Texas)--In March, the American Association of Railroads announced the industry was likely to spend a record amount this year on infrastructure and equipment as freight rail traffic approached pre-recession levels. Since then, at least two major U.S. railways indicated they would either trim or take a serious look at their planned capital expenditures (capex) in light of lower-than-expected revenues. For fourth-quarter 2015, Industrial Info is tracking 10 kickoffs for U.S. freight rail-related projects with a combined worth of $691 million.

Within this article: Details on the highest-value kickoffs for U.S. freight rail projects in fourth-quarter 2015, including those from companies such as Berkshire Hathaway (NYSE:BRK.A), Norfolk Southern Corporation (NYSE:NSC), CSX Corporation (NYSE:CSX) and Union Pacific Corporation (NYSE:UNP).