CSX and UP chiefs offer a positive outlook for 2010

05/7/2010 | ProgressiveRailroading.com · Omaha World-Herald (Neb.)

Class I CEOs have offered a look at expectations for the year. CSX CEO Michael Ward said the railroad plans to focus on safety, service and productivity. Meanwhile, Union Pacific CEO Jim Young said that "with business volumes continuing to grow, we feel very positive about the long-term fundamentals of our business." CSX plans to invest $1.7 billion in capital improvements this year, while UP has earmarked $2.6 billion for upgrades.

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ProgressiveRailroading.com · Omaha World-Herald (Neb.)

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