Rail mergers and formation of the Burlington Northern Holding Company hearing before the Committee on the Judiciary, United States Senate, Ninety-seventh Congress, second session, on rail mergers and formation of the Burlington Northern Holding Company, March 26, 1982. by

Cover of: Rail mergers and formation of the Burlington Northern Holding Company |

Published by U.S. G.P.O. in Washington .

Written in English

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Subjects:

  • Burlington Northern Inc.,
  • Railroads -- United States -- Mergers.

Book details

The Physical Object
Paginationv, 889 p. :
Number of Pages889
ID Numbers
Open LibraryOL15302867M

Download Rail mergers and formation of the Burlington Northern Holding Company

The creation of BNSF started with the formation of a holding company, the Burlington Northern Santa Fe Corporation on 22 September This new holding company then purchased the Atchison, Topeka and Santa Fe Railway (often called the "Santa Fe") and Burlington Northern Railroad, and formally merged the railways into the Burlington Northern.

The Birth of the Burlington Northern Railroad With three of four predecessor railroad locomotives in tow, GE U33C # departs Livingston, MT in August Perhaps one of Mr. Macfarlane's greatest achievements was the decades-long work he did in negotiating the merger between the Northern Pacific, Great Northern and Chicago, Burlington and Quincy : Alena Wolotira.

Rail mergers and formation of the Burlington Northern holding company: hearing before the Committee on the Judiciary, United States Senate, Ninety-seventh Congress, second session. Transformation of a Railroad Company Burlington Northern, – and a merger with Frisco Railroad—boosted Burlington Northern’s railway earnings and radically transformed the work of departments and specialties.

This, the second book in a two-volume series, evaluates the initiatives and strategies the company employed to. Location of Repository Rail mergers and formation of the Burlington Northern Holding Company: hearing before the Committee on the Judiciary, United States Senate, Ninety-seventh Congress, second session, on rail mergers and formation of the Burlington Northern Holding Company, Ma By United States.

According to the book "The Great Northern Railway, A History" by authors Ralph W. Hidy, Muriel E. Hidy, Roy V. Scott, and Don L. Hofsommer, he tried to reacquire his stock following the Supreme Court order but was denied in After the Hill's death in another merger was attempted during the 's but was, again, blocked by the ICC.

With little hope of seeing the union occur at that. off(s)” and spin-off company contact information. Burlington Northern Inc. 03/02/70 BNI was created with the merger of Chicago, Burlington & Quincy Railroad Company, the Northern Pacific Railway Company and the Great Northern Railway Company.

CB&Q 3 1/4 shares of BN Common for 1 share CB&Q NP 1 share BN Common for 1 share NP Common. – The Chicago, Burlington and Quincy Railroad, the Denver and Rio Grande Western Railroad, and the Western Pacific Railroad launch the California Zephyr from Chicago, Illinois, to San Francisco, California; it is the first passenger train to regularly offer the Vista Dome Cars.

BNSF Railway Company Burlington Northern Santa Fe Corp. created on Septemwhen BN bought AT&SF's corporate Parent. Atchison, Topeka & Santa Fe Railway merged into Burlington Northern Railroad on Decemand BN renamed Burlington Northern & Santa Fe Railway. Name shortened to BNSF Railway Company in Rail mergers and formation of the Burlington Northern holding company: hearing before the Committee on the Judiciary, United States Senate, Ninety-seventh Congress.

Rail mergers and formation of the Burlington Northern Holding Company: hearing before the Committee on the Judiciary, United States Senate, Ninety-seventh Congress, second session, on rail mergers and formation of the Burlington Northern Holding Company, Ma The creation of BNSF started with the formation of a holding company on Septem This new holding company purchased the Atchison, Topeka and Santa Fe Railway (often called the "Santa Fe") and Burlington Northern Railroad, and formally merged the railways into the Burlington Northern and Santa Fe Railway on Decem Headquarters: Fort Worth, Texas.

NEW YORK (CNNfn) - Canadian National Railway Co. and Burlington Northern Santa Fe Corp. disclosed plans Monday for the largest railroad merger in history, sparking concerns among weary rail customers, speculation on what merger could shake the industry next as a result and a plunge in the price of BN stock.

Interestingly, the Milwaukee's transcontinental mainline, which every year since the early 60's had seen increasing traffic, really taking off after the BN merger inand added importance to the well being of the Road, was paralleled by only one other railroad.

The proposed merger partner, Burlington Northern. Railroad public timetables. BURLINGTON NORTHERN SANTA FE BNSF GENEALOGY FROM The Burlington Northern Santa Fe (BNSF) is primarily a consolidation of the old Hill lines, the Chicago Burlington & Quincy, Great Northern, Northern Pacific and the Spokane Portland and Seattle which formed the Burlington Northern and then merged with the Santa Fe to become the BNSF.

Headquartered in Fort Worth, Texas, the railroad is a wholly owned subsidiary of Berkshire Hathaway Inc.[3] The creation of BNSF started with the formation of a holding company, the Burlington Northern Santa Fe Corporation on Septem The BNSF Railway is a wholly-owned subsidiary of the Burlington Northern Santa Fe Corporation, the holding company formed by the Septem merger of Burlington Northern, Incorporated and the Santa Fe Pacific Corporation.

The company is one of the largest railroad operators in the United States. BNSF Railway’s roots trace back to the founding of the Aurora Branch Railroad in Illinois. The Aurora Branch Railroad later became the Chicago, Burlington and Quincy Railroad (CB&Q), which was the predecessor of Burlington Northern (BN)/5(35).

Inthe Santa Fe railroad merged with the Burlington Northern Railroad to form the Burlington Northern and Santa Fe Railway (BNSF), and the SP was bought out by.

This new holding company then purchased the Atchison, Topeka and Santa Fe Railway (often called the "Santa Fe") and Burlington Northern Railroad, and formally merged the railways into the Burlington Northern and Santa Fe Railway on 31 December On 24 Januarythe railroad's name was officially changed to "BNSF Railway," using the Location: Lou Menk Dr, Fort Worth,TX.

Together, the two railroads have a duopoly on all transcontinental freight rail lines in the U.S and share trackage rights over thousands of miles of track. The BNSF is a wholly owned subsidiary of Berkshire Hathaway, Inc. The creation of BNSF started with the formation of a holding company, the Burlington Northern Santa Fe Corporation, in Seller Rating: % positive.

Mergers have affected railroads in ways few other industries have experienced, and in the last 50 years they have steered the business direction of American railroads. Leaders Count brings readers the dramatic story of how the Aurora Branch Railroad, which spanned from Aurora, Illinois, to Chicago, grew and developed into the modern-day BNSF Railway.

The creation of BNSF started with the formation of a holding company, the Burlington Northern Santa Fe Corporation on Septem This new holding company then purchased the Atchison, Topeka and Santa Fe Railway (often called the "Santa Fe") and Burlington Northern Railroad, and formally merged the railways into the Burlington Northern.

The outcry over the Burlington Northern-CN alliance has reached the Surface Transportation Board, the United States regulatory agency with the power to review, and possibly block, rail mergers.

Between andthe nation's railroads engaged in corporate mergers in an effort to stem the decline of the industry's market base, increase low return on investments, and counter the deterioration of trackage and equipment. The 73 Class I carriers in existence in have been consolidated into only 10 today.

The recent battle over Conrail is only the most recent and highly publicized. That view led to some huge rail mergers in the early 's, such as the Norfolk Southern and CSX in the East and the Union Pacific and Burlington Northern in the West.

The Burlington Northern Railroad announced yesterday that it had terminated merger discussions with the Chicago, Milwaukee, St. Paul & Pacific Railroad that.

The article explores the formation of the Burlington Northern (BN) rail line on March 2,which was the result of the merger between the Chicago, Burlington & Quincy, the Great Northern and Northern Pacific. BN quickly plunged into its planned renumbering, and did so neatly, but was slower Abandonments, mergers, deregulation.

by a holding company, (2) despite staff reductions, monitoring of railroad companies, of the burlington northern railroad ability to review merger applications and (3) preparation and use of post- ~ merger studies to assess proposed merger applications.

~ ,__ icc has limited jurisdiction over acquisition. History. The Burlington Northern Santa Fe Corporation was incorporated in to facilitate the merger of Burlington Northern, Incorporated, parent of the Burlington Northern Railroad, and Santa Fe Pacific Corporation, which owned the Atchison, Topeka and Santa Fe Railway (Santa Fe).

The corporate merger was consummated on Septemat which point shareholders of the Headquarters: Fort Worth, Texas, United States. OMAHA, Neb. Warren Buffett's company recently discovered it owns two short-line railroads that it must sell because of its acquisition of the Burlington Northern Santa Fe railroad.

The merger resulted in the formation of Burlington Northern. In Burlington Northern segregated itself into a railroad and a holding company for the railroad grant lands.

In this separation became formal and the company divided into a railroad (Burlington Northern) and a collection of land-grant-based companies (Burlington Resources.

On Januthe railroad's name was officially changed to BNSF Railway.[2] The BNSF Railway is a wholly owned subsidiary of the Burlington Northern Santa Fe Corporation, the holding company formed by the Septemmerger of Burlington Northern, Incorporated, and the Santa Fe Pacific Corporation.

According to corporate press. The titans then settle there dispute with a three way merger bringing the railroads under the roof of a newly formed holding company, Northern Securities controlled by Hill and Harriman's Union by: 1.

The history of the railroad dates as far back asbut the modern company that we know now was formed in with the merger of the Burlington Northern and Santa Fe railways.

In the name was officially changed to BNSF, reflecting a combining of the names of. The Chicago, Milwaukee, St. Paul and Pacific Railroad, often referred to as the "Milwaukee Road" (reporting mark MILW), was a Class I railroad that operated in the Midwest and Northwest of the United States from until The company experienced financial difficulty through the s and s, including bankruptcy in Init abandoned its Pacific Extension, which included Locale: Midwestern and western United States.

This is a petition for review of a decision of the Interstate Commerce Commission. On Apseveral labor unions representing Burlington Northern employees filed a petition with the Interstate Commerce Commission requesting that Burlington Northern Inc.

(BN), then a common carrier, be prevented from transforming itself into a holding company. It would be the second-biggest takeover in the rail industry, behind only Berkshire Hathaway’s acquisition of Burlington Northern inaccording to. Burlington Northern Santa Fe and Canadian National Railway agreed to combine their rail systems, creating North America's largest railroad.

Robert Downing, the former president of the Burlington Northern Railroad (BN) and driving force behind a merger that forged the Class I, died Aug. He was. Nice BANSF Railway coffee mug, in excellent condition, No chips, carcks or stains!

Mug stands 4 & 1/2 tall. Chcke out the buy with confidence! All mugs are shipped priority mail, with.

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