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Santa Fe Pacific Corporation
The Santa Fe Pacific Corporation was formed as the Santa Fe Southern Pacific Corporation on by the merger of Santa Fe Industries, which owned the Atchison, Topeka and Santa Fe Railway, with the Southern Pacific Company, which owned the Southern Pacific Railroad. After the Interstate Commerce Commission denied their plan to merge their railroads as the Southern Pacific Santa Fe Railroad, the holding company name was shortened, and the Southern Pacific Railroad sold. The holding company retained all the non-rail interests of both predecessors; these were mainly real estate and natural resources, but Southern Pacific had also formed the telephone company known as Sprint, which was sold shortly before the merger. It was initially headquartered in Chicago and later in Schaumburg, Illinois. Former Southern Pacific executive Robert Krebs succeeded Santa Fe head John J. Schmidt as CEO. Almost immediately after the Southern Pacific was sold, Santa Fe Pacific issued a massive dividend. ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Santa Fe Industries
Santa Fe Industries was the diversified parent company, headquartered in Chicago, of the Atchison, Topeka and Santa Fe Railway. Formed in 1968, its non-railroad operations included construction, real estate, and energy units. In the early 1980s, after longtime head John Shedd Reed had been succeeded by John J. Schmidt, they arranged a merger with the Southern Pacific, where new head Robert Krebs had recently succeeded Benjamin Biaggini. When the Interstate Commerce Commission denied permission to merge the respective companies' railroad subsidiaries as the Southern Pacific Santa Fe Railroad, the merged holding company, which retained both companies' non-rail interests while being forced to sell the Southern Pacific, changed its name to Santa Fe Pacific Corporation The Santa Fe Pacific Corporation was formed as the Santa Fe Southern Pacific Corporation on by the merger of Santa Fe Industries, which owned the Atchison, Topeka and Santa Fe Railway, with the Southern Pacific ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Sprint Corporation
Sprint Corporation was an American telecommunications company. Before it Merger of Sprint Corporation and T-Mobile US, merged with T-Mobile US on April 1, 2020, it was the fourth-largest mobile network operator in the United States, serving 54.3 million customers as of June 30, 2019. The company also offered wireless voice, messaging, and broadband services through its various subsidiaries under the Boost Mobile (United States), Boost Mobile and Open Mobile brands and wholesale access to its wireless networks to mobile virtual network operators. In July 2013, a majority of the company was purchased by the Japanese telecommunications company SoftBank Group. Sprint used CDMA2000, CDMA, Evolution-Data Optimized, EvDO and LTE (telecommunication), 4G LTE networks, and formerly operated iDEN, WiMAX, and 5G NR networks. Sprint was incorporated in Kansas. Sprint traced its origins to the Brown Telephone Company, which was founded in 1899 to bring telephone service to the rural area arou ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
United States Railroad Holding Companies
United may refer to: Places * United, Pennsylvania, an unincorporated community * United, West Virginia, an unincorporated community Arts and entertainment Films * ''United'' (2003 film), a Norwegian film * ''United'' (2011 film), a BBC Two film Literature * ''United!'' (novel), a 1973 children's novel by Michael Hardcastle Music * United (band), Japanese thrash metal band formed in 1981 Albums * ''United'' (Commodores album), 1986 * ''United'' (Dream Evil album), 2006 * ''United'' (Marvin Gaye and Tammi Terrell album), 1967 * ''United'' (Marian Gold album), 1996 * ''United'' (Phoenix album), 2000 * ''United'' (Woody Shaw album), 1981 Songs * "United" (Judas Priest song), 1980 * "United" (Prince Ital Joe and Marky Mark song), 1994 * "United" (Robbie Williams song), 2000 * "United", a song by Danish duo Nik & Jay featuring Lisa Rowe Television * ''United'' (TV series), a 1990 BBC Two documentary series * ''United!'', a soap opera that aired on BBC One from 1965-19 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Santa Fe Pacific Railroad
The Atlantic and Pacific Railroad was a U.S. railroad that owned or operated two disjointed segments, one connecting St. Louis, Missouri with Tulsa, Oklahoma, and the other connecting Albuquerque, New Mexico with Needles in Southern California. It was incorporated by the U.S. Congress in 1866 as a transcontinental railroad connecting Springfield, Missouri and Van Buren, Arkansas with California. The central portion was never constructed, and the two halves later became parts of the St. Louis-San Francisco Railway and Atchison, Topeka and Santa Fe Railway systems, now both merged into the BNSF Railway. History The A&P's earliest predecessor was the Pacific Railroad, incorporated by the Missouri General Assembly in 1849 to connect St. Louis and a point south of Kansas City across the center of the state. In response to an 1852 federal law granting public lands to Missouri to aid in constructing two cross-state railroads, the state approved an amendment to the 1849 Pacific Rail ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
BNSF Railway
BNSF Railway is one of the largest freight railroads in North America. One of seven North American Class I railroads, BNSF has 35,000 employees, of track in 28 states, and nearly 8,000 locomotives. It has three transcontinental routes that provide rail connections between the western and eastern United States. BNSF trains traveled over in 2010, more than any other North American railroad. The BNSF Railway Company is the principal operating subsidiary of parent company Burlington Northern Santa Fe, LLC. Headquartered in Fort Worth, Texas, the railroad's parent company is a wholly owned subsidiary of Berkshire Hathaway, Inc., of Omaha, Nebraska. The current CEO is Kathryn Farmer. According to corporate press releases, the BNSF Railway is among the top transporters of intermodal freight in North America. It also hauls bulk cargo, including enough coal to generate around 25% of the electricity produced in the United States. The creation of BNSF started with the formation of ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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 Sea ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Catellus Development
Catellus Development Corporation is an Oakland, California based real estate developer founded in 1984 to be the real estate division of Santa Fe Pacific Corporation, as part of the Santa Fe–Southern Pacific merger. It was spun off into its own company in 1989, after the two railroads split. Catellus created contemporary developments throughout California, including the East Bay Bridge shopping center and Bridgecourt apartment complex in Emeryville in the San Francisco Bay Area. Catellus was also a proponent of the Emery Go-Round tram network. History In 1984, the Atchison, Topeka and Santa Fe Railway and the Southern Pacific Lines announced plans to merge all their assets into a single railway. As part of the merger, Santa Fe Pacific Realty, the real estate arm, was incorporated after the announcement. In 1986, the Interstate Commerce Commission denied the merger, as it would have created a monopoly on mainline freight movements in California and its bordering states. As a resu ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Return Of Capital
Return of capital (ROC) refers to principal payments back to "capital owners" (shareholders, partners, unitholders) that exceed the growth (net income/taxable income) of a business or investment. It should not be confused with Rate of Return (ROR), which measures a gain or loss on an investment. It is essentially a return of some or all of the initial investment, which reduces the basis on that investment. ROC effectively shrinks the firm's equity in the same way that all distributions do. It is a transfer of value from the company to the owner. In an efficient market, the stock's price will fall by an amount equal to the distribution. Most public companies pay out only a percentage of their income as dividends. In some industries it is common to pay ROC. *Real Estate Investment Trusts (REITs) commonly make distributions equal to the sum of their income and the depreciation (capital cost allowance) allowed for in the calculation of that income. The business has the cash to make ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Robert Krebs
Robert D. Krebs is an American railroad executive who has headed three major United States railroads in succession, leading the Southern Pacific (SP) when it was acquired by Santa Fe Industries, rising to lead the resulting Santa Fe Pacific Corporation, and finally being chosen to head the new Burlington Northern Santa Fe (BNSF) when Santa Fe Pacific (the holding company for the Santa Fe railroad) merged with Burlington Northern. He started out working for SP subsidiary Cotton Belt in the early 1960s becoming the youngest Superintendent of Cotton Belt's Pine Bluff Division in 1971 at age 29.bKrebs eventually become president of the SP and later CEO of ATSF and BNSF. He retired as CEO of BNSF in 2000 and left the board when he retired as chairman on April 17, 2002. On May 13, 2005, Krebs joined the Board of Directors for Railpower Technologies Railpower Technologies is a subsidiary of R.J. Corman Railroad Group that builds environmentally friendly hybrid Green Goat and Gens ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Southern Pacific Santa Fe Railroad
Southern may refer to: Businesses * China Southern Airlines, airline based in Guangzhou, China * Southern Airways, defunct US airline * Southern Air, air cargo transportation company based in Norwalk, Connecticut, US * Southern Airways Express, Memphis-based passenger air transportation company, serving eight cities in the US * Southern Company, US electricity corporation * Southern Music (now Peermusic), US record label * Southern Railway (other), various railways * Southern Records, independent British record label * Southern Studios, recording studio in London, England * Southern Television, defunct UK television company * Southern (Govia Thameslink Railway), brand used for some train services in Southern England Media * ''Southern Daily'' or ''Nanfang Daily'', the official Communist Party newspaper based in Guangdong, China * ''Southern Weekly'', a newspaper in Guangzhou, China * Heart Sussex, a radio station in Sussex, England, previously known as "Southern FM" * 8 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Southern Pacific Company
Southern may refer to: Businesses * China Southern Airlines, airline based in Guangzhou, China * Southern Airways, defunct US airline * Southern Air, air cargo transportation company based in Norwalk, Connecticut, US * Southern Airways Express, Memphis-based passenger air transportation company, serving eight cities in the US * Southern Company, US electricity corporation * Southern Music (now Peermusic), US record label * Southern Railway (other), various railways * Southern Records, independent British record label * Southern Studios, recording studio in London, England * Southern Television, defunct UK television company * Southern (Govia Thameslink Railway), brand used for some train services in Southern England Media * ''Southern Daily'' or ''Nanfang Daily'', the official Communist Party newspaper based in Guangdong, China * ''Southern Weekly'', a newspaper in Guangzhou, China * Heart Sussex, a radio station in Sussex, England, previously known as "Southern FM" * 88 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Interstate Commerce Commission
The Interstate Commerce Commission (ICC) was a regulatory agency in the United States created by the Interstate Commerce Act of 1887. The agency's original purpose was to regulate railroads (and later trucking) to ensure fair rates, to eliminate rate discrimination, and to regulate other aspects of common carriers, including interstate bus lines and telephone companies. Congress expanded ICC authority to regulate other modes of commerce beginning in 1906. Throughout the 20th century, several of ICC's authorities were transferred to other federal agencies. The ICC was abolished in 1995, and its remaining functions were transferred to the Surface Transportation Board. The Commission's five members were appointed by the President with the consent of the United States Senate. This was the first independent agency (or so-called ''Fourth Branch''). Creation The ICC was established by the Interstate Commerce Act of 1887, which was signed into law by President Grover Cleveland. The cr ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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