Abandoning rail lines could hit Illinois economy hard
Rail abandonment requests surge as 842.72 miles of Illinois track seek approval from the ICC. Officials cite a new policy shift after Penn Central collapse and Conrail reform, with state planners weighing subsidies, bridge fixes, and land sales to keep marginal lines viable.
MENTIONED IN THIS ARTICLE
Federal Interstate Commerce Commission
Illinois
Ilinois Central Gulf
Burlington Northern
B&o
Norfolk and Western
C&ei
Congress
ICC
Penn Central
Frank Malone
ICG
Daniel Walker
Illinois Department of Transportation
William C. Harsh
DOT
Dwight
Interstate Commerce Commission
Rail Services Planning Office
James Thompson
Harsh
Kevin McCarthy
IDOT
Benk
Conrail
Northeastern
Auasi-Government Corporation
St. Louis
Terre Haute
Ind
Federal Rail
Decatur
Paris
Lawrenceville
Amtrak
Solvent Roads
Federal Department of Transportation
The
Wall Street Journal
Chicago
Illinois Largest Railroads and Their Corporate Parents
The piece lists Illinois railroads by mileage and notes parent companies: Illinois Central Gulf under IC Industries and its Abex unit. Burlington Northern with land and offshore holdings. Penn Central assets moved to Conrail amid bankruptcy. Norfolk and Western and Pocahontas Land Corp.. Chicago and North Western. Missouri Pacific under Missouri Pacific Corporation. Milwaukee Road under Chicago Milwaukee Corp. Chessie System owning C and O, B and O, Western Maryland. Louisville and Nashville under Seaboard Coast Line. Atchison Topeka and Santa Fe under Santa Fe Industries with Kirby Lumber holdings.
MENTIONED IN THIS ARTICLE
Tion
Milwaukee Road
Illinois Central Gulf
Chicago and North Western
Ilinois
Illinois Commerce Commission
Illinois
Standard and Poor
Illinois Central Gulf Railroad Co
IC Industries, Inc
IC Industries
Abex Corporation
Pepsi-Cola General Bottlers, Inc
Dad’s Rest Beer Co
Bubble Up Company
New Orleans
Memphis
Fort Lauderdale
Lincoln’ Liberty Life Insurance Co
Benjamin Franklin Savings Association
Consolidated Rail Corporation
Conrail
Penn Central
Commodore
Manhattan
Norfolk and Western Railway Co
Ohio River
Elizabeth River
Portsmouth
Pocahontas Land Cerp
Virginia
West Virginia
Kentucky
Chicago and North Western Transportation Co
Missouri Pacific Railroad Co
Missouri Pacific Corporation
Mississippi River Corporation
Chicago and Eastern Ilinois
Texas and Pacific Railway Co
Missouri Pacific Truck Lines, Inc
Missouri Improvement Co
Chicago
Milwaukee St. Paul and Pacific Railroad Co
Chicago Milwaukee Crp
Milwaukee Land Co
Idaho
Washington
Montana
Chessie System
Chesapeake and Ohio Railway Co
Baltimore and Ohio Railway Co
Western Maryland Railway Co
Western Pocahontas Corp
Chessie Resources, Inc
Louisville and Nashville Railroad Co
Seaboard Coast Line Railroad Co
Chicago - Indianapolis Coal Co
Monon Coal Co
L&n. Investment Corp
Monon Realty Co
Atchison, Topeka and Santa Fe Railway Co
Santa Fe Industries, Inc
California
Colorado
Kansas
New Mexico
Kirby Lumber Corp
Texas
Louisiana
Illinois Central Gulf a rail giant shaped by history
The Illinois Central Gulf grew from 19th century plans to a vast, diversified empire. IC Industries now hints at merger or sale as rail profits lag and maintenance costs rise, while subsidies and legal changes reshape its path.
MENTIONED IN THIS ARTICLE
Joliet
Alton
Gulf, Mobile and Ohio
Illinois Central
IC Industries
William B. Johnson
Also Mentioned on This Page
Bud Farrar
Lindsay-Schaub Newspapers
Rock Island
Midwest
State Transporta
United States Railway Association
Arthur Lewis
West
3FDOT
McCarthy
Burlington Northern Inc
Yi i
Iidaho
Hinois
Minnesota
North Dakota
Oregon
Wisconsin
Wyoming
Canada
Penn Cremerad Transportation Co
ICG Railroad
Galena
Alexander Jenkins
Murphysboro
Illinois House
Vandalia
Illinois Central Gulf Railroad
U. S
Stephen Douglas
Abraham Lincoln
Carbondale
Daniel Brush
Millard Filmore
Minis Snedy
Gerald Ford
Ford
Chicago-area Regional Transit Authority
Tliakis Central
TCG
Tilinois Central
Malone
govern+ment
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