Norfolk Southern Corp., Norfolk, Va., announced plans to spend $2 billion in 2013 for capital improvements to its rail transportation network.
“Our capital plan will maintain the safety and quality of our existing franchise, improve service quality and performance, achieve operational efficiencies and productivity improvements, and support business growth,” says Wick Moorman, chief executive officer. “We continue to invest in the infrastructure, equipment and technology necessary to provide the best possible service to our customers.”