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Great railroad mergers reshape the nation’s lines
Washington AP reports the 1960s may become the era of massive railroad consolidations. ICC support for mergers grows as six major applications move through the system, with plans to form large regional systems in East, South, and West. Major deals involve Chesapeake & Ohio, B and O, Norfolk & Western, Virginian, and others as boards pursue cost savings and stronger financial bases.
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Washington
Interstate Commerce Commission
ICC
Congress
Symes
Pennsylvania Railroad
Une
Louisville & Nashville
Nashville, Chattanooga & St. Louis
South Shore & Atlantic
Line
Wisconsin Central
Erie
Great Northern
Lackawanna
Northern Pacific
Burling
Spokane
Portland
Seattle
Commission
Chesapeake & Ohio
Baltimore & Ohio
New York Central
Chicago & Eastern Illinois
Chicago and North Western
Minneapolis & St. Louis
Atlantic Coast Line
Seaboard Air Line
ACL
Ilinois Central
Southern Pacific
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Canadian Pacific
Milwaukee Road
Rock Island
Southern Railway
Central of Georgia Railway
Frisco Railroad
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Frisco
Missouri Pacific
Illinois Central
Gulf, Mobile & Ohio
Santon Fe