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The Battle of the Rails

• RAILROAD SHOWDOWN MAKING THE BIG FOUR A series of mergers over the past 50 years has led to the creation of four freight rail behe- moths that now control 90% of all business. Below, some of the notable deals along the way. NORFOLK Norfolk Southern Railroad SOUTHERN Norfolk Southern Railway Southern Central of Georgia Wabash Nickel Plate Pittsburgh & W.Va. Norfolk & Western Atlantic & Danville Akron Canton & Youngstown Illinois Terminal Penn Central Pennsylvania New York Central CONRAIL Chicago South Shore & South Bend Chesapeake & Ohio Baltimore & Ohio Western Maryland CsX Chessie System Atlantic Coast Line Seaboard Coast Line Seaboard Air Line Louisville & Nashville Minneapolis & St. Louis Chicago & North Western Chicago Great Western Missouri-Kansas-Texas UNION PACIFIC Union Pacific Western Pacific Missouri Pacific Chicago & Eastern Illinois Texas & New Orleans Southern Pacific Pacific Electric Denver & Rio Grande Western Atchison Topeka & Santa Fe Chicago Burlington & Quincy Great Northern Northern Pacific BNSF Burlington Northern Spokane Portland & Seattle St. Louis-San Francisco SOURCES: COMPANY WEBSITES, TRAINSMAGAZINE 1960 1970 1980 1990 2000 "The board works actively to help try to solve problems.") The rate relief process is expensive and notoriously complex. Some companies, such as those shipping iron, lumber, or cheese, aren't even allowed to appeal. The STB has excluded customers in those industries from the relief But the STB is essentially the only option for shippers, since other government agencies are mostly shut out. The Federal Trade Commission has no ability to intervene; neither does the Justice Department, which can only offer advice on mergers. The DoJ issued a stern warning against

The Battle of the Rails

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A series of mergers in the rail shipping industry over the past 50 years has led to the creation of four freight rail giants that now control 90% of all business.

Publisher

Nicolas Rapp

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Transportation
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