Precision Railroading
Precision railroading or precision scheduled railroading (PSR) is a concept in freight railroad operations pioneered by E. Hunter Harrison in 1993, and adopted by nearly every North American Class I railroad. It shifts the focus from older practices, such as unit trains, hub and spoke operations and individual car switching at hump yards, to emphasize point-to-point freight car movements on simplified routing networks. Under PSR, freight trains operate on fixed schedules, much like passenger trains, instead of being dispatched whenever a sufficient number of loaded cars are available. In the past, intermodal trains and general merchandise trains operated separately; under PSR they are combined as needed, typically with distributed power. Inventories of freight cars and locomotives are reduced and fewer workers are employed for a given level of traffic. The result is often substantial improvement in railroad operating ratios, and other financial and operating metrics; at the cost ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Union Pacific Davidson Yard In Fort Worth
Union commonly refers to: * Trade union, an organization of workers * Union (set theory), in mathematics, a fundamental operation on sets Union may also refer to: Arts and entertainment Music * Union (band), an American rock group ** ''Union'' (Union album), 1998 * ''Union'' (Chara album), 2007 * ''Union'' (Toni Childs album), 1988 * ''Union'' (Cuff the Duke album), 2012 * ''Union'' (Paradoxical Frog album), 2011 * ''Union'', a 2001 album by Puya * ''Union'', a 2001 album by Rasa * ''Union'' (The Boxer Rebellion album), 2009 * ''Union'' (Yes album), 1991 * "Union" (Black Eyed Peas song), 2005 Other uses in arts and entertainment * ''Union'' (Star Wars), a Dark Horse comics limited series * Union, in the fictional Alliance–Union universe of C. J. Cherryh * '' Union (Horse with Two Discs)'', a bronze sculpture by Christopher Le Brun, 1999–2000 * The Union (Marvel Team), a Marvel Comics superhero team and comic series Education * Union Academy (other), ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Freight Railroad
Rail freight transport is the use of railroads and trains to transport cargo as opposed to human passengers. A freight train, cargo train, or goods train is a group of freight cars (US) or goods wagons ( International Union of Railways) hauled by one or more locomotives on a railway, transporting cargo all or some of the way between the shipper and the intended destination as part of the logistics chain. Trains may haul bulk material, intermodal containers, general freight or specialized freight in purpose-designed cars. Rail freight practices and economics vary by country and region. When considered in terms of ton-miles or tonne-kilometers hauled per unit of energy consumed, rail transport can be more efficient than other means of transportation. Maximum economies are typically realized with bulk commodities (e.g., coal), especially when hauled over long distances. However, shipment by rail is not as flexible as by the highway, which has resulted in much freight being h ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Class I Railroad
In the United States, railroad carriers are designated as Class I, II, or III, according to annual revenue criteria originally set by the Surface Transportation Board in 1992. With annual adjustments for inflation, the 2019 thresholds were US$504,803,294 for Class I carriers and US$40,384,263 for Class II carriers. (Smaller carriers were Class III by default.) There are seven Class I freight railroad companies in the United States including two Canadian carriers with subsidiary trackage in the United States: BNSF Railway, Canadian National Railway (via its subsidiary Grand Trunk Corporation), Canadian Pacific Railway (via its subsidiary Soo Line Corporation), CSX Transportation, Kansas City Southern Railway, Norfolk Southern Railway, and Union Pacific Railroad. (Mexico's Ferromex and Kansas City Southern de México would qualify as Class I, but do not operate within the United States.) In addition, the national passenger railroad in the United States, Amtrak, would qualif ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Unit Train
A unit train, also called a block train or a trainload service, is a train in which all cars (wagons) carry the same commodity and are shipped from the same origin to the same destination, without being split up or stored en route. They are distinct from wagonload trains, which comprise differing numbers of cars for various customers. Unit trains enable railways to compete more effectively with road and internal waterway transport systems. Time and money is saved by avoiding the complexities and delays that would otherwise be involved with assembling and disassembling trains at rail yards near the origin and destination. Unit trains are particularly efficient and economical for high-volume commodities. Since they often carry only one commodity, cars are of all the same type; often the cars are identical. Use Unit trains are typically used for the transportation of bulk goods. These can be solid substances such as: * Track ballast or gravel * Iron ore from mines to ports or ste ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Hub And Spoke
A hub is the central part of a wheel that connects the axle to the wheel itself. Hub, The Hub, or hubs may refer to: Geography Pakistan * Hub Tehsil, Balochistan, an administrative division ** Hub, Balochistan, capital city of the tehsil * Hub Dam, in Balochistan * Hub River, in Balochistan United States * Hub, California, an unincorporated community * Hub, Mississippi, an unincorporated community Elsewhere * Hub Nunatak, Graham Land, Antarctica Buildings in the United States * HUB Tower, Des Moines, Iowa * Hub (Minneapolis, Minnesota), a residential apartment building in Minneapolis * Hub Building, Burwell, Nebraska, on the National Register of Historic Places Organizations * Harvard University Band * Hogeschool-Universiteit Brussel, Belgium * Hub International, a North American insurer * Hub Power Company, first and largest Pakistani Independent Power Producer Transport * Airline hub * Transport hub Codes * HUB, Guobiao abbreviation of Hubei, a province of China * H ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Hump Yard
A classification yard (American and Canadian English (Canadian National Railway use)), marshalling yard (British, Hong Kong, Indian, Australian, and Canadian English (Canadian Pacific Railway use)) or shunting yard (Central Europe) is a railway yard found at some freight train stations, used to separate railway cars onto one of several tracks. First the cars are taken to a track, sometimes called a ''lead'' or a ''drill''. From there the cars are sent through a series of switches called a ''ladder'' onto the classification tracks. Larger yards tend to put the lead on an artificially built hill called a ''hump'' to use the force of gravity to propel the cars through the ladder. Freight trains that consist of isolated cars must be made into trains and divided according to their destinations. Thus the cars must be shunted several times along their route in contrast to a unit train, which carries, for example, cars from the plant to a port, or coal from a mine to the power plant. T ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Distributed Power
In rail transport, distributed power (DP) is a generic term referring to the physical distribution—at intermediate points throughout the length of a train—of separate motive power groups. Such "groups" may be single units or multiple consists, and are remotely controlled from the leading locomotive. The practice allows locomotives to be placed anywhere within the length of a train when standard multiple-unit (MU) operation is impossible or impractical. DP can be achieved by wireless (RF connectivity) or wired (trainlined) means. Wired systems now provided by various suppliers use the cabling already extant throughout a train equipped with electronically controlled pneumatic brakes (ECP). History Since the 1960s, railroad distributed power technology has been dominated by one company, Harris Controls (originally Harris Corporation — Controls & Composition Division, later purchased by General Electric—the division now known as GE Transportation) who have manufactured and m ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Operating Ratio
In finance, the operating ratio is a company's operating expenses as a percentage of revenue. This financial ratio is most commonly used for industries which require a large percentage of revenues to maintain operations, such as railroads. In railroading, an operating ratio of 80 or lower is considered desirable. The operating ratio can be used to determine the efficiency of a company's management by comparing operating expenses to net sales. It is calculated by dividing the operating expenses by the net sales. The smaller the ratio, the greater the organization's ability to generate profit. The ratio does not factor in expansion or debt repayment. Alternatively, it may be expressed as a ratio of sales to cost. In such case, a higher ratio indicates a better ability to generate revenue. InvestorWords. See also |
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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 ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Canadian National
The Canadian National Railway Company (french: Compagnie des chemins de fer nationaux du Canada) is a Canadian Class I railroad, Class I freight railway headquartered in Montreal, Quebec, which serves Canada and the Midwestern United States, Midwestern and Southern United States. CN is Canada's largest railway, in terms of both revenue and the physical size of its rail network, spanning Canada from the Atlantic coast in Nova Scotia to the Pacific coast in British Columbia across approximately of track. In the late 20th century, CN gained extensive capacity in the United States by taking over such railroads as the Illinois Central. CN is a public company with 22,600 employees, and it has a market cap of approximately CA$90 billion. CN was government-owned, having been a Crown corporations of Canada, Canadian Crown corporation from its founding in 1919 until being privatized in 1995. , Bill Gates is the largest single shareholder of CN stock, owning a 14.2% interest throu ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Canadian Pacific
The Canadian Pacific Railway (french: Chemin de fer Canadien Pacifique) , also known simply as CPR or Canadian Pacific and formerly as CP Rail (1968–1996), is a Canadian Class I railway incorporated in 1881. The railway is owned by Canadian Pacific Railway Limited, which began operations as legal owner in a corporate restructuring in 2001. Headquartered in Calgary, Alberta, the railway owns approximately of track in seven provinces of Canada and into the United States, stretching from Montreal to Vancouver, and as far north as Edmonton. Its rail network also serves Minneapolis–St. Paul, Milwaukee, Detroit, Chicago, and Albany, New York, in the United States. The railway was first built between eastern Canada and British Columbia between 1881 and 1885 (connecting with Ottawa Valley and Georgian Bay area lines built earlier), fulfilling a commitment extended to British Columbia when it entered Confederation in 1871; the CPR was Canada's first transcontinental railway. ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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CSX Transportation
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 Rai ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |