Norfolk Southern plans $2B in rail improvements

Norfolk Southern plans $2B in rail improvements

Credit: AP

Norfolk Southern plans $2B in rail improvements

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Associated Press

Posted on February 5, 2013 at 8:21 AM

NORFOLK (AP) -- Railroad operator Norfolk Southern Corp. says it plans to spend $2 billion in 2013 for capital improvements to its rail transportation network.

The Norfolk-based company says the investments will work to improve rail service, safety and sustainability.

Norfolk Southern says the expenditures include roadway improvements, new locomotives and freight cars, as well as new and upgraded systems and computers.

The company also plans various investments at facilities and terminals in its network.

Norfolk Southern's railway subsidiary operates about 20,000 route miles in 22 states and Washington D.C., and serves every major container port in the eastern U.S.

AP-WF-02-05-13 0810GMT

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