AAR estimates Class I railroads will spend around $22 billion on U.S. capex and maintenance in 2017
February 2, 2017
While heading down in recent years, the capital expenditures outlay made by United States freight railroads, specifically Class Is, still remains very impressive. That was made clear in data issued by the Association of American Railroads (AAR) this week, which put the estimated tally for U.S. railroads investment on maintaining and upgrading “the nation’s private rail network” at $22 billion.