Monday, January 19, 2009

THE BIG-4 RAILROAD MONOPOLIES:


compiled by Rex Frankel, 1/19/2009

thanks to wikipedia.org and oligopolywatch.com for helpful data


4 Companies control virtually the entire USA railroad industry. The UP and BNSF control the western US, CSX and Norfolk Southern control the eastern US.


The Union Pacific

-1997, bought Southern Pacific RR

-1982 Missouri Pacific RR

-1982 Western Pacific RR

--1988 Missouri-Kansas-Texas RR

-1988 Denver & Rio Grande RR

-1995-Chicago & Northwestern

-Overnite trucking co.


The Burlington Northern Santa Fe

--1970—merger of Chicago, Burlington & Quincy Railroad; Northern Pacific Railway, Great Northern Railway; and the Spokane, Portland and Seattle Railway Co

--1980 St. Louis-San Francisco RR

-1995 merged with Santa Fe RR


The CSX

--1960 merged with Baltimore& Ohio RR

-1979 merged with Seaboard Coast Line

--1991 bought Richmond Fredericksburg & Potomac RR

-1992-PL & E RR

--1998 bought Conrail from the federal government, splitting its assets with Norfolk Southern.

--SeaLand shipping co.


The Norfolk Southern

--1964 Norfolk Western bought Wabash, Nickel Plate, Pittsburgh & West Virginia RR and the Akron, Canton & Youngstown RR.

--1974 Norfolk Southern RR bought by Southern Railways

--1982-Norfolk & Western merged with Southern Railways

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