L4 Logistics | Transport Shipping and Logistics News

The 2006 capital program will be concentrated mainly on track infrastructure, locomotive power, information technology, and intermodal terminals and other service facilities.  This includes approximately:$570 million to maintain and upgrade rail, ballast, crossties and automated signal systems, and to extend and build sidings, which are used as passing lanes in single-track areas;$160 million for locomotive maintenance, overhaul and acquisitions, ensuring CPR has the hauling capacity to meet customer demand and service requirements;$50 million for information technology that will support continued improvement in executing scheduled railway operations; and$25 million to expand capacity in intermodal terminals and maintain other service facilities to accommodate growing freight volumes. The remainder of the 2006 capital program will support targeted growth opportunities in higher-yield markets and improved efficiency and productivity.  Source: CPR