60 blocks means that 60 conduits need to store 1k energy each.
It'll take 60,000 MJ's before you'll see power on the other side.
Actually, no.
Only the last conduit stores any energy, and it always tries to pass it off first.
I have successfully hooked up over 100 conduit between 2 redstone cells and the second one immediately started receiving power from the first. This is at 10 MJ/T.
OP: Try using a wrench to align the arrows to make sure you aren't blocking the energy. At the engine, the arrow should point away, and at the end it should point into the forestry machine.
EDIT: Just tested, and worked fine.
High Pressure Steam Boiler ( 3x3x3 ). 1 Industrial steam engine. The conduit was 65 blocks long, ending in a redstone cell.
I flipped the lever, and waited a few seconds for steam to reach the engine. ( I had the engine window open. ) Once the engine began producing 0.1 MJ/T, I ran full speed using quantum armor and reached the cell in around 3 seconds. I opened it, and there was already 16 MJs in the cell.