FOR IMMEDIATE RELEASE
Privately Owned U.S. Freight Rail Industry to Spend More Than
$22 Billion on Network in 2017
AAR President and CEO Touts Figures Against Backdrop of Congressional Infrastructure Hearing, Continued Discussions Within Trump Administration on Rebuilding American Transportation Systems
Washington, D.C., Feb. 1, 2017 — U.S. freight railroads are projected to spend an estimated $22 billion to maintain and upgrade the nation's private rail network in 2017, sizeable investments the industry says will strengthen an essential transportation system.