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Timeline Of Class I Railroads (1930–1976)
The following is a brief history of the North American rail system, mainly through major changes to Class I railroads, the largest class by operating revenue. ;1930 *The Gulf, Mobile and Northern Railroad acquires control of the New Orleans Great Northern Railroad. *January 1: The Illinois Terminal Company leases the Alton and Eastern Railroad (not Class I), a short piece of the former Chicago, Peoria and St. Louis Railroad. *January 10: The Duluth, Missabe and Northern Railway leases the Duluth and Iron Range Railroad. *January 31: Canadian National Railway subsidiary Central Vermont Railway is reorganized without change of name after a receivership beginning December 12, 1927. *February 1: The New York Central Railroad leases subsidiaries Cincinnati Northern Railroad (1894-1938), Cincinnati Northern Railroad, Cleveland, Cincinnati, Chicago and St. Louis Railway, Evansville, Indianapolis and Terre Haute Railway, and Michigan Central Railroad.Moody's (1976), p. 274 *April 1: The ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Class I Railroad
Railroad classes are the system by which Rail freight transport, freight railroads are designated in the United States. Railroads are assigned to 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 six Class I freight railroad companies in the United States: BNSF Railway, CSX Transportation, Canadian National Railway, CPKC, Norfolk Southern Railway, and Union Pacific Railroad. Canadian National also operates in Canada and CPKC operates in Canada and Mexico. In addition, the national passenger railroad in the United States, Amtrak, would qualify as Class I if it were a freight carrier, as would Canada's Via Rail passenger service. Mexico's Ferromex freight railroad would also qualify as Class I, but it does not operate with ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
