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Union Pacific
The Union Pacific Railroad is a Class I freight-hauling railroad that operates 8,300 locomotives over routes in 23 U.S. states west of Chicago and New Orleans. Union Pacific is the second largest railroad in the United States after BNSF, with which it shares a duopoly on transcontinental freight rail lines in the Western, Midwestern and West South Central United States. Founded in 1862, the original Union Pacific Rail Road was part of the first transcontinental railroad project, later known as the Overland Route. Over the next century, UP absorbed the Missouri Pacific Railroad, the Western Pacific Railroad, the Missouri–Kansas–Texas Railroad and the Chicago, Rock Island and Pacific Railroad. In 1995, the Union Pacific merged with Chicago and North Western Transportation Company, completing its reach into the Upper Midwest. In 1996, the company merged with Southern Pacific Transportation Company, itself a giant system that was absorbed by the Denver and Rio Gr ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Omaha, Nebraska
Omaha ( ) is the List of cities in Nebraska, most populous city in the U.S. state of Nebraska. It is located in the Midwestern United States along the Missouri River, about north of the mouth of the Platte River. The nation's List of United States cities by population, 41st-most-populous city, Omaha had a population of 486,051 at the 2020 United States census, 2020 census. The eight-county Omaha–Council Bluffs metropolitan area, which extends into Iowa, has approximately 1 million residents and is the Metropolitan statistical area#United States, 55th-largest metro area in the United States. Omaha is the county seat of Douglas County, Nebraska, Douglas County. Omaha's pioneer period began in 1854, when the city was founded by speculators from neighboring Council Bluffs, Iowa. The city was founded along the Missouri River, and a crossing called Lone Tree Ferry earned the city its nickname, the "Gateway to the West". Omaha introduced this new West to the world in 1898, when it ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Trackage Rights
Railway companies can interact with and control others in many ways. These relationships can be complicated by bankruptcies. Operating Often, when a railroad first opens, it is only a short spur of a main line. The owner of the spur line may contract with the owner of the main line for operation of the contractee's trains, either as a separate line or as a branch with through service. This agreement may continue as the former railroad expands, or it may be temporary until the line is completed. If the operating company goes bankrupt, the contract ends, and the operated company must operate itself. Leasing A major railroad may lease a connecting line from another company, usually the latter company's full system. A typical lease results in the former railroad (the lessee) paying the latter company (the lessor) a certain yearly rate, based on maintenance, profit, or overhead, in order to have full control of the lessor's lines, including operation. If the lessee goes bankrupt, ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Duopoly
A duopoly (from Greek , ; and , ) is a type of oligopoly where two firms have dominant or exclusive control over a market, and most (if not all) of the competition within that market occurs directly between them. Duopoly is the most commonly studied form of oligopoly due to its simplicity. Duopolies sell to consumers in a competitive market where the choice of an individual consumer choice cannot affect the firm in a duopoly market, as the defining characteristic of duopolies is that decisions made by each seller are dependent on what the other competitor does. Duopolies can exist in various forms, such as Cournot, Bertrand, or Stackelberg competition. These models demonstrate how firms in a duopoly can compete on output or price, depending on the assumptions made about firm behavior and market conditions. Similar features are discernible in national political systems of party duopoly. Duopoly models in economics and game theory Cournot duopoly Cournot model in game theor ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
American Civil War
The American Civil War (April 12, 1861May 26, 1865; also known by Names of the American Civil War, other names) was a civil war in the United States between the Union (American Civil War), Union ("the North") and the Confederate States of America, Confederacy ("the South"), which was formed in 1861 by U.S. state, states that had Secession in the United States, seceded from the Union. The Origins of the American Civil War, central conflict leading to war was a dispute over whether Slavery in the United States, slavery should be permitted to expand into the western territories, leading to more slave states, or be prohibited from doing so, which many believed would place slavery on a course of ultimate extinction. Timeline of events leading to the American Civil War, Decades of controversy over slavery came to a head when Abraham Lincoln, who opposed slavery's expansion, won the 1860 presidential election. Seven Southern slave states responded to Lincoln's victory by seceding f ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Missouri River
The Missouri River is a river in the Central United States, Central and Mountain states, Mountain West regions of the United States. The nation's longest, it rises in the eastern Centennial Mountains of the Bitterroot Range of the Rocky Mountains of southwestern Montana, then flows east and south for before entering the Mississippi River north of St. Louis, Missouri. The river drains Semi-arid climate, semi-arid Drainage basin, watershed of more than 500,000 square miles (1,300,000 km2), which includes parts of ten U.S. states and two Canadian provinces. Although a tributary of the Mississippi, the Missouri River is slightly longer and carries a comparable volume of water, though a fellow tributary (Ohio River) carries more water. When combined with the lower Mississippi River, it forms the List of rivers by length, world's fourth-longest river system. For over 12,000 years, people have depended on the Missouri River and its Tributary, tributaries as a source of sustena ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Abraham Lincoln
Abraham Lincoln (February 12, 1809 – April 15, 1865) was the 16th president of the United States, serving from 1861 until Assassination of Abraham Lincoln, his assassination in 1865. He led the United States through the American Civil War, defeating the Confederate States of America and playing a major role in the End of slavery in the United States, abolition of slavery. Lincoln was born into poverty in Kentucky and raised on the American frontier, frontier. He was self-educated and became a lawyer, Illinois state Illinois House of Representatives, legislator, and U.S. representative. Angered by the Kansas–Nebraska Act of 1854, which opened the territories to slavery, he became a leader of the new History of the Republican Party (United States), Republican Party. He reached a national audience in the Lincoln–Douglas debates, 1858 Senate campaign debates against Stephen A. Douglas. Lincoln won the 1860 United States presidential election, 1860 presidential election, wh ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Pacific Railway Acts
The Pacific Railroad Acts of 1862 were a series of acts of Congress that promoted the construction of a "transcontinental railroad" (the Pacific Railroad) in the United States through authorizing the issuance of government bonds and the grants of land to railroad companies. In 1853, the War Department under then Secretary of War Jefferson Davis was authorized by the Congress to conduct surveys of five different potential transcontinental routes from the Mississippi ranging from north to south. It submitted a massive twelve volume report to Congress with the results in early 1855. However, no route or bill could be agreed upon and passed authorizing the Government's financial support and land grants until the secession of the southern states in 1861 removed their opposition to a central route. The Pacific Railroad Act of 1862 () was the original act. Some of its provisions were subsequently modified, expanded, or repealed by four additional amending Acts: The Pacific Railroad ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Denver And Rio Grande Western Railroad
The Denver and Rio Grande Western Railroad , often shortened to ''Rio Grande'', D&RG or D&RGW, formerly the Denver & Rio Grande Railroad, was an American Class I railroad company. The railroad started as a narrow-gauge line running south from Denver, Colorado, in 1870. It served mainly as a transcontinental bridge line between Denver and Ogden, Utah. The Rio Grande was also a major origin of coal and mineral traffic. The Rio Grande was a strong example of mountain railroading, with a motto of ''Through the Rockies, not around them'' and later ''Main line through the Rockies'', both referring to the Rocky Mountains. The D&RGW operated the highest mainline rail line in the United States, over the Tennessee Pass in Colorado, and the famed routes through the Moffat Tunnel and the Royal Gorge. At its height, in 1889, the D&RGW had the largest narrow-gauge railroad network in North America with of track interconnecting the states of Colorado, New Mexico, and Utah. Known ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Upper Midwest
The Upper Midwest is a northern subregion of the U.S. Census Bureau's Midwestern United States. Although the exact boundaries are not uniformly agreed upon, the region is usually defined to include the states of Iowa, Michigan, Minnesota and Wisconsin; some definitions include North Dakota, South Dakota, and parts of Nebraska and Illinois. Definitions The National Centers for Environmental Information considers the Upper Midwest climate region to include Iowa, Michigan, Minnesota, and Wisconsin. The United States Geological Survey uses two different Upper Midwest regions: *The USGS Upper Midwest Environmental Sciences Center considers it to be the six states of Illinois, Indiana, Iowa, Michigan, Minnesota and Wisconsin, which comprise the watersheds of the Upper Mississippi River and upper Great Lakes. *The USGS Mineral Resources Program considers the area to contain Illinois, Indiana, Michigan, Minnesota and Wisconsin. The Association for Institutional Research in the Uppe ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Chicago And North Western Transportation Company
The Chicago and North Western was a Class I railroad in the Midwestern United States. It was also known as the "North Western". The railroad operated more than of track at the turn of the 20th century, and over of track in seven states before retrenchment in the late 1970s. Until 1972, when the employees purchased the company, it was named the Chicago and North Western Railway (or Chicago and North Western Railway Company). The C&NW became one of the longest railroads in the United States as a result of mergers with other railroads, such as the Chicago Great Western Railway, Minneapolis and St. Louis Railway and others. By 1995, track sales and abandonment had reduced the total mileage to about 5,000. The majority of the abandoned and sold lines were lightly trafficked branches in Iowa, Illinois, Minnesota, South Dakota and Wisconsin. Large line sales, such as those that resulted in the Dakota, Minnesota and Eastern Railroad, further helped reduce the railroad to a mainlin ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Chicago, Rock Island And Pacific Railroad
The original Chicago, Rock Island and Pacific Railroad (CRI&P RW, sometimes called ''Chicago, Rock Island and Pacific Railway'') was an American Class I railroad. It was also known as the Rock Island Line, or, in its final years, The Rock. At the end of 1970, it operated 7,183 miles of road on 10,669 miles of track; that year it reported 20,557 million ton-miles of revenue freight and 118 million passenger miles. (Those totals may or may not include the former Burlington-Rock Island Railroad.) The song "Rock Island Line", a spiritual from the late 1920s first recorded in 1934, was inspired by the railway. History Incorporation Its predecessor, the Rock Island and La Salle Railroad Company, was incorporated in Illinois on February 27, 1847, and an amended charter was approved on February 7, 1851, as the Chicago and Rock Island Railroad. Construction began in Chicago on October 1, 1851, and the first train was operated on October 10, 1852, between Chicago and Joliet, Illinoi ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Missouri–Kansas–Texas Railroad
The Missouri–Kansas–Texas Railroad was a Class I railroad company in the United States, with its last headquarters in Dallas, Texas. Established in 1865 under the name Union Pacific Railroad (UP), Southern Branch, it came to serve an extensive rail network in Texas, Oklahoma, Kansas, and Missouri. In 1988, it merged with the Missouri Pacific Railroad; today, it is part of UP. In the 1890s, the MKT was commonly referred to as "the K-T", because for a time it was the Kansas–Texas division of the Missouri Pacific Railroad and "KT" was its abbreviation in timetables as well as its stock exchange symbol. This soon evolved into the nickname "the Katy". The Katy was the first railroad to enter Texas from the north. Eventually, the Katy's core system linked Parsons, Emporia, Fort Scott, Junction City, Olathe, and Kansas City, Kansas; Kansas City, Joplin, Columbia, McKittrick, Jefferson City, and St. Louis, Missouri; Tulsa, Wagoner; and Oklahoma City, Oklahoma; Dalla ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
