Indianapolis Union Railway
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Indianapolis Union Railway
The Indianapolis Union Railway Company , is a terminal railroad operating in Indianapolis, Indiana. It was organized on May 31, 1850, as the Union Track Railway Company by the presidents of the Madison and Indianapolis Railroad (M&I), the Terre Haute and Richmond Railroad (TH&R), and the Indianapolis and Bellefontaine Railroad (I&B) for the purposes of establishing and operating joint terminal facilities in Indiana's capital city. The name of the company was changed to its present one on August 12, 1853. The next month, on September 20, Indianapolis Union Station opened its doors, becoming the first union railroad station in the world. Since 1999, the company has been owned and operated by CSX. History 1850 to 1900 The Union Track Railway Company was organized on May 31, 1850. Later that year, of main line track were turned over to the company; from the Peru and Indianapolis Railroad (P&I) and that had been jointly constructed by the three founding lines (the M&I, the TH&R ...
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Indiana
Indiana () is a U.S. state in the Midwestern United States. It is the 38th-largest by area and the 17th-most populous of the 50 States. Its capital and largest city is Indianapolis. Indiana was admitted to the United States as the 19th state on December 11, 1816. It is bordered by Lake Michigan to the northwest, Michigan to the north, Ohio to the east, the Ohio River and Kentucky to the south and southeast, and the Wabash River and Illinois to the west. Various indigenous peoples inhabited what would become Indiana for thousands of years, some of whom the U.S. government expelled between 1800 and 1836. Indiana received its name because the state was largely possessed by native tribes even after it was granted statehood. Since then, settlement patterns in Indiana have reflected regional cultural segmentation present in the Eastern United States; the state's northernmost tier was settled primarily by people from New England and New York, Central Indiana by migrants fro ...
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Indiana Railroads
The following railroads operate in the U.S. state of Indiana. Common freight carriers *Canadian National Railway (CN) through 3 subsidiaries: ** Wisconsin Central (WC) **Elgin, Joliet and Eastern Railway - now part of Wisconsin Central(EJE) **Grand Trunk Western Railroad (GTW) **Illinois Central Railroad (IC) *Canadian Pacific Railway (CP) through 1 subsidiary: **Soo Line Railroad (SOO) *Central Indiana and Western Railroad (CEIW) * Central Railroad of Indiana (CIND) * Central Railroad of Indianapolis (CERA) *Chesapeake and Indiana Railroad (CKIN) *Chicago, Fort Wayne and Eastern Railroad (CFE) *Chicago South Shore and South Bend Railroad (CSS) * C&NC Railroad (CNUR) *CSX Corporation (CSX) through 2 subsidiaries: **CSX Transportation (CSXT) **Baltimore and Ohio Chicago Terminal Railroad (BOCT) * Dubois County Railroad (DCRR) *Elkhart and Western Railroad (EWR) * Elkhart and Western Railway (EWRY) **Operates the Fulton County Railroad (FC) *Evansville Western Railway (EVWR) *Gary ...
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Great Depression
The Great Depression (19291939) was an economic shock that impacted most countries across the world. It was a period of economic depression that became evident after a major fall in stock prices in the United States. The economic contagion began around September and led to the Wall Street stock market crash of October 24 (Black Thursday). It was the longest, deepest, and most widespread depression of the 20th century. Between 1929 and 1932, worldwide gross domestic product (GDP) fell by an estimated 15%. By comparison, worldwide GDP fell by less than 1% from 2008 to 2009 during the Great Recession. Some economies started to recover by the mid-1930s. However, in many countries, the negative effects of the Great Depression lasted until the beginning of World War II. Devastating effects were seen in both rich and poor countries with falling personal income, prices, tax revenues, and profits. International trade fell by more than 50%, unemployment in the U.S. rose to 23% and ...
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CSX
CSX Transportation , known colloquially as simply CSX, is a Class I freight railroad operating in the Eastern United States and the Canadian provinces of Ontario and Quebec. The railroad operates approximately 21,000 route miles () of track. The company operates as the leading subsidiary of CSX Corporation, a Fortune 500 company headquartered in Jacksonville, Florida. CSX Corporation (the parent of CSX Transportation) was formed in 1980 from the merger of Chessie System and Seaboard Coast Line Industries, two holding companies which controlled a number of railroads operating in the Eastern United States. Initially only a holding company itself, the subsidiaries that made up CSX Corporation were gradually merged, with this process completed in 1987. CSX Transportation formally came into existence in 1986, as the successor of Seaboard System Railroad. In 1999, CSX Transportation acquired approximately half of Conrail, in a joint purchase with competitor Norfolk Southern Railway ...
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Conrail
Conrail , formally the Consolidated Rail Corporation, was the primary Class I railroad in the Northeastern United States between 1976 and 1999. The trade name Conrail is a portmanteau based on the company's legal name. It continues to do business as an asset management and network services provider in three Shared Assets Areas that were excluded from the division of its operations during its acquisition by CSX Corporation and the Norfolk Southern Railway. The federal government created Conrail to take over the potentially-profitable lines of multiple bankrupt carriers, including the Penn Central Transportation Company and Erie Lackawanna Railway. After railroad regulations were lifted by the 4R Act and the Staggers Act, Conrail began to turn a profit in the 1980s and was privatized in 1987. The two remaining Class I railroads in the East, CSX Transportation and the Norfolk Southern Railway (NS), agreed in 1997 to acquire the system and split it into two roughly-equal parts (a ...
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Penn Central Railroad
The Penn Central Transportation Company, commonly abbreviated to Penn Central, was an American Railroad classes, class I railroad that operated from 1968 to 1976. Penn Central combined three traditional corporate rivals (the Pennsylvania Railroad, Pennsylvania, New York Central Railroad, New York Central and the New York, New Haven and Hartford Railroad, New York, New Haven and Hartford railroads), all united by heavy service into the New York metropolitan area and (to a lesser extent) New England and Chicago. The new company failed barely two years after formation, the largest bankruptcy in U.S. history at the time. The Penn Central's railroad assets were nationalized into Conrail along with the other bankrupt northeastern roads; its real estate and insurance holdings successfully Reorganization, reorganized into American Premier Underwriters. History Pre-merger The Penn Central railroad system developed in response to challenges facing Northeast United States, northeaste ...
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New York Central
The New York Central Railroad was a railroad primarily operating in the Great Lakes and Mid-Atlantic regions of the United States. The railroad primarily connected greater New York and Boston in the east with Chicago and St. Louis in the Midwest, along with the intermediate cities of Albany, Buffalo, Cleveland, Cincinnati, Detroit, Rochester and Syracuse. New York Central was headquartered in New York City's New York Central Building, adjacent to its largest station, Grand Central Terminal. The railroad was established in 1853, consolidating several existing railroad companies. In 1968, the NYC merged with its former rival, the Pennsylvania Railroad, to form Penn Central. Penn Central went bankrupt in 1970 and merged into Conrail in 1976. Conrail was broken-up in 1999, and portions of its system were transferred to CSX and Norfolk Southern Railway, with CSX acquiring most of the old New York Central trackage. Extensive trackage existed in the states of New York, Pennsylv ...
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Illinois Central Railroad
The Illinois Central Railroad , sometimes called the Main Line of Mid-America, was a railroad in the Central United States, with its primary routes connecting Chicago, Illinois, with New Orleans, Louisiana, and Mobile, Alabama. A line also connected Chicago with Sioux City, Iowa (1870). There was a significant branch to Omaha, Nebraska (1899), west of Fort Dodge, Iowa, and another branch reaching Sioux Falls, South Dakota (1877), starting from Cherokee, Iowa. The Sioux Falls branch has been abandoned in its entirety. The Canadian National Railway acquired control of the IC in 1998, and merged its operations in 1999. Illinois Central continues to exist as a paper railroad. History The IC was one of the oldest Class I railroads in the United States. The company was incorporated by the Illinois General Assembly on January 16, 1836. Within a few months Rep. Zadok Casey (D-Illinois) introduced a bill in the U.S. House of Representatives authorizing a land grant to the company to ...
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Nickel Plate Road
The New York, Chicago and St. Louis Railroad , abbreviated NYC&St.L, was a railroad that operated in the mid-central United States. Commonly referred to as the "Nickel Plate Road", the railroad served parts of the states of New York (state), New York, Pennsylvania, Ohio, Indiana, Illinois, and Missouri. Its primary connections occurred in Buffalo, New York, Buffalo, Chicago, Cincinnati, Cleveland, Indianapolis, St. Louis, Missouri, St. Louis, and Toledo, Ohio, Toledo. The Nickel Plate Road was constructed in 1881 along the South Shore of the Great Lakes to connect Buffalo, New York, Buffalo and Chicago, in competition with the Lake Shore and Michigan Southern Railway. At the end of 1960, NKP operated of road on of track, not including the of Lorain & West Virginia. That year it reported 9.758 billion net ton-miles of revenue freight and 41 million passenger-miles. In 1964, the Nickel Plate Road and several other midwestern carriers were merged into the larger Norfolk and Wes ...
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Monon Railroad
The Monon Railroad , also known as the Chicago, Indianapolis, and Louisville Railway from 1897 to 1971, was an American railroad that operated almost entirely within the state of Indiana. The Monon was merged into the Louisville and Nashville Railroad in 1971, and much of the former Monon right of way is owned today by CSX Transportation.Historic Marker in Monon, erected by the Monon Historical Society, 1982 In 1970, it operated of road on of track; that year it reported 1320 million ton-miles of revenue freight and zero passenger-miles. (It also showed zero miles of double track, the longest such Class I railroad in the country.) Timeline *1847: The New Albany and Salem Railroad (NA&S) is organized with James Brooks as president. *1854: The NA&S trackage stretches from the Ohio River (at New Albany) to Lake Michigan (at Michigan City). *1859: The overextended and struggling NA&S is renamed the Louisville, New Albany and Chicago Railroad (LNA&C). *April 30, 1865: The LNA& ...
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Cincinnati, Indianapolis And Western Railroad
The Cincinnati, Indianapolis and Western Railroad was established in 1915 as a reorganization of the Cincinnati, Indianapolis and Western Railway, which in turn had been created in 1902 as a merger of the Indiana, Decatur and Western Railway (ID&W) and the Cincinnati, Hamilton and Indianapolis Railroad (CH&I). Predecessors of the ID&W include the Indianapolis, Decatur and Western Railway (1888–1894), the Indianapolis & Wabash Railway (1887–1888), the Indianapolis, Decatur and Springfield Railway (1875–1887), and the Indiana and Illinois Central Railway (1853–1875). Predecessors of the CH&I include the Junction Railroad (1848), the Cincinnati, Hamilton & Indianapolis, and the Cincinnati, Indianapolis & Western. The CIWN's owned mainline was three segments connected and extended by trackage rights. The line was located in the states of Illinois, Indiana, and Ohio. The first segment extended from its trackage rights over the Chicago and Alton Railway in Springfield to B ...
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