Capital Projects Csx Capital Projects: Csx Railroad Essay

Open, View, and/or
Download this Document

Total Length: 580 words ( 2 double-spaced pages)

Total Sources: 3

Page 1 of 2

Capital Projects CSX

Capital Projects: CSX Railroad

CSX Railroad, the nation's third largest rail carrier by revenue (nine billion in 2009) according to Fortune 500 (CNN Money 2010), spends a considerable amount of its revenue (15%) on capital projects to update existing infrastructure, purchase new rail cars, expand intermodal and line access, and meet regulatory standards imposed by the Surface Transportation Board and the Federal Railroad Administration. (Mancini, L.N.D.). In 2009 the company spent 1.4 billion dollars on capital projects designed to "create competitive advantages for customers, grow the business, create jobs and deliver shareholder value" (Progressive Railroading. October 13, 2010). Of particular importance to CSX is the recent announcement of the National Gateway, "a multi-million dollar public-private infrastructure initiative, which will significantly improve the efficiency of the freight network between the Mid-Atlantic ports and the Midwest" (CSX Annual Report 2009).

Stuck Writing Your "Capital Projects Csx Capital Projects: Csx Railroad" Essay?

View All Our Example Capital Projects Csx Capital Projects: Csx Railroad Essay

Have A Custom Example Essay Written



The development of National Gateway is estimated to cost 842 million dollars over a nine-year period (2007-2015), with costs trifurcated between federal monies of 258 million, state funds of 191 million, and CSX contribution of 393 million (CSX National Gateway. June 2010.). The initiative involves CSX along with six states and the District of Columbia, and is designed to "provide higher clearances under bridges and through tunnels for trains to move double-stack containers" In addition CSX would build or expand several high-capacity, job-producing intermodal terminals where product shipments are exchanged between trucks and trains" (CSX. May 1, 2008). The anticipated gains from expanding rail lines to haul double stack containers include "reduced truck traffic and increase intermodal capacity on key corridors without increasing the number of trains"

With any capital expenditure an analysis of its return on.....

Show More ⇣

     Open the full completed essay and source list


OR

     Order a one-of-a-kind custom essay on this topic


sample essay writing service

Cite This Resource:

Latest APA Format (6th edition)

Copy Reference
"Capital Projects Csx Capital Projects Csx Railroad" (2011, January 01) Retrieved June 8, 2025, from
https://www.aceyourpaper.com/essays/capital-projects-csx-capital-projects-csx-49384
   

Open, View, and/or
Download this Document
order custom essay example