Burlington Northern
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Burlington Northern
The Burlington Northern Railroad was a United States-based railroad company formed from a merger of four major U.S. railroads. Burlington Northern operated between 1970 and 1996. Its historical lineage begins in the earliest days of railroading with the chartering in 1848 of the Chicago and Aurora Railroad, a direct ancestor line of the Chicago, Burlington and Quincy Railroad, which lends Burlington to the names of various merger-produced successors. Burlington Northern acquired the Atchison, Topeka and Santa Fe Railway on December 31, 1996, to form the Burlington Northern and Santa Fe Railway (later renamed BNSF Railway), which was owned by the Burlington Northern Santa Fe Corporation. That corporation was purchased by Berkshire Hathaway in 2009 which is controlled by investor Warren Buffett. History The Burlington Northern Railroad was the product of the merger of four major railroads: the Great Northern Railway, the Northern Pacific Railway, the Spokane, Portland and Seat ...
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GE U33C
The GE U33C is a 6-axle diesel-electric locomotive built by GE Transportation Systems between January 1968 and January 1975. 375 examples of this locomotive were built for 11 North American railroads and one construction contractor. Original owners References * External links * Thompson, J. David. GE U33C Original Owners
'. General Electric locomotives, U33C C-C locomotives Diesel-electric locomotives of the United States Railway locomotives introduced in 1968 Freight locomotives Standard gauge locomotives of the United States Southern Pacific Railroad locomotives Atchison, Topeka and Santa Fe Railway locomotives Milwaukee Road locomotives Great Northern Railway (United States) locomotives Northern Pacific Railway locomotives Locomotives of Southern Railway (U.S.) {{diesel-loco-stub ...
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Chicago And Aurora Railroad
The Chicago and Aurora Railroad was an early predecessor of the Chicago, Burlington and Quincy Railroad that built a line from West Chicago to Mendota via Aurora, Illinois. History The Illinois General Assembly chartered the Aurora Branch Railroad on February 12, 1849, to build a branch of the Galena and Chicago Union Railroad to Aurora, which it opened on September 2, 1850. The company was renamed Chicago and Aurora Railroad on June 22, 1852, and given expanded powers to extend from Aurora to a point north of LaSalle; this extension, to Mendota, was completed on October 20, 1853. Another amendment, passed February 28, 1854, authorized the company to build east from Aurora to Chicago via Naperville, and changed its name to Chicago and Southwestern Railroad. The latter provision was never acted upon, and was repealed by an act of February 14, 1855, which instead changed the name to Chicago, Burlington and Quincy Railroad (CB&Q). The Aurora-Chicago line was opened on May 20, 1 ...
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California Zephyr
The ''California Zephyr'' is a passenger train operated by Amtrak between Chicago and the San Francisco Bay Area (at Emeryville), via Omaha, Denver, Salt Lake City, and Reno. At , it is Amtrak's longest daily route, and second-longest overall after the ''Texas Eagle's'' triweekly continuation from San Antonio to Los Angeles, with travel time between the termini taking approximately 51 hours. Amtrak claims the route as one of its most scenic, with views of the upper Colorado River valley in the Rocky Mountains, and the Sierra Nevada. The modern train is the second iteration of a train named ''California Zephyr''; the original train was privately operated and ran on a different route through Nevada and California. During fiscal year 2019, the ''California Zephyr'' carried 410,844 passengers, a decrease of 1.8% over FY2018. The train had a total revenue of $51,950,998 in FY2016, an increase of 6.5% over FY2015. History Previous service Prior to the 1971 creation of Amtrak, ...
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Powder River Basin
The Powder River Basin is a geologic structural basin in southeast Montana and northeast Wyoming, about east to west and north to south, known for its extensive coal reserves. The former hunting grounds of the Oglala Lakota, the area is very sparsely populated and is known for its rolling grasslands and semiarid climate. The basin is both a topographic drainage and geologic structural basin, drained by the Powder River, Cheyenne River, Tongue River, Bighorn River, Little Missouri River, Platte River, and their tributaries. The major cities in the area include Gillette and Sheridan, Wyoming and Miles City, Montana. In 2007, the region produced 436 million short tons (396 million tonnes) of coal, more than twice the production of second-place West Virginia, and more than the entire Appalachian region. The Powder River Basin is the largest coal-producing region in the United States. The region includes the Black Thunder Coal Mine, the most productive in the United States, ...
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Holding Company
A holding company is a company whose primary business is holding a controlling interest in the securities of other companies. A holding company usually does not produce goods or services itself. Its purpose is to own shares of other companies to form a corporate group. In some jurisdictions around the world, holding companies are called parent companies, which, besides holding stock in other companies, can conduct trade and other business activities themselves. Holding companies reduce risk for the shareholders, and can permit the ownership and control of a number of different companies. ''The New York Times'' also refers to the term as ''parent holding company.'' Holding companies are also created to hold assets such as intellectual property or trade secrets, that are protected from the operating company. That creates a smaller risk when it comes to Lawsuit, litigation. In the United States, 80% of stock, in voting and value, must be owned before tax consolidation benefits s ...
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