Union Pacific (UP) Board of Directors approved the 2017 capital plan of approximately USD 3.1 billion, down about USD 400 million compared to 2016. The plan includes USD 300 million to further implement Positive Train Control.
Under the PTC implementation project, UP has equipped more than 3,200 locomotives, installed 4,600 computers and invested more than USD 2.1 billion through September 2016.
The company’s estimate for PTC’s total cost is about USD 2.9 billion. In October, UP installed 88 percent (or 24,721 km) of its total railway network with PTC signal hardware. The company partially installed PTC hardware on about 83 percent of its 5,656 locomotives earmarked for the technology.
Through 2015, UP invested USD 2 billion in the ongoing development of PTC.
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