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Trainnews - volume 8 - issue 145
Posted by: Espee99 ()
Date: July 24, 2015 05:39PM

Trainnews - volume 8 - issue 145 - 07/24/15


This day in Railroad History

July 24, 1986
The Southern Pacific - Santa Fe merger. was denied in a 4–1 vote by the Interstate Commerce Commission (ICC), who ruled that such a merger included too many duplicate routes and was therefore monopolistic. The Commission later also denied SFSP's appeal. The SFSP holding company, ordered to operate the Southern Pacific at arm's length until it sold it, disposed of it on October 13, 1988 to Rio Grande Industries for $1.02 billion and the assumption of SP's debt, which consolidated the SP with its Denver and Rio Grande Western railroad under the Southern Pacific name. The SFSP holding company retained all the non-rail interests of both predecessors and shortened its name to Santa Fe Pacific Corporation, with all of the California real estate holdings transferred to Catellus Development Corporation, becoming the California's largest private land owner.
[en.wikipedia.org]


Tonight's Photo - Please send photos to photos@trainnews.org

The steam special crosses the Staunton River at Altavista, VA on the former Southern Railway main on its 207 mile trip to Roanoke.

Alex Mayes Photo




Notices

North American News

Latest tank car, rail inspections in New York turn up 62 defects
[progressiverailroading.com]

Metropolitan Council seeks public approval on Green Line extension cuts
[progressiverailroading.com]

Canadian grain working group issues transportation-improvement recommendations
[progressiverailroading.com]

VIA Rail inaugurates rehabbed Brockville station
[progressiverailroading.com]

RTA report: May crosstie purchases, production fall from April levels
[progressiverailroading.com]

Late CTA executive Hill inducted into APTA Hall of Fame
[progressiverailroading.com]

Vegetation-control pact forged in Vermont; crossing upgrades approved in Ohio
[progressiverailroading.com]

Rail supplier updates from RailPros, MERMEC, Trinity, Harsco and Hanson
[progressiverailroading.com]

UPDATE: Train Leak Unfounded: All Clear Given in Ravenswood
[www.wsaz.com]

The century-old tech that ensures train safety
[fortune.com]

How All Aboard Florida Train Project Will Shift Traffic
[www.metrojacksonville.com]

Train geeks can tour RTD rail facility
[www.denverpost.com]

Bomb threat reported at Boston train station Thursday evening, service resumed
[www.masslive.com]

NJ Transit train service disruption
[www.my9nj.com]

Railroad Tracks to be Rebuilt
[www.krgv.com]

Amtrak Derailment Victims Face a Liability Limit
[www.nytimes.com]

Amtrak boss say he feels NJ Transit riders frustrations over delays but needs funds
[www.nj.com]

Bnsf railway provides major gift to S.D. State Fair Foundation
[www.tsln.com]

Dozens of Minnesota Rail Bridges Found to Be Structurally Deficient
[www.insurancejournal.com]

Maryland Proposes MagLev Marriage Between D.C., Baltimore
[wamu.org]

Nashua Valley Railroad Association elects new officers
[www.leominsterchamp.com]

Back on the rail: Speed limit situation stabilized
[www.devilslakejournal.com]

Union Pacific (UNP) Announces Earnings Results
[sleekmoney.com]
and
Future Business Cycle Uncertain For Union Pacific
[seekingalpha.com]

All Aboard Florida could get bond decision at Aug. 5 meeting
[www.tcpalm.com]

Trinity Industries (TRN) Stock Spikes on Earnings Beat, Higher Guidance
[www.thestreet.com]
and
Trinity Industries sees surging demand for rail cars
[www.star-telegram.com]

Government of Canada Reaffirms Commitment to Repairs of the Vancouver Island Railway
[www.marketwired.com]

Canada's top court finally ends decades-old contamination case
[news.yahoo.com]

Kendall leaders gather to talk about Metra service
[www.chicagotribune.com]

Norfolk Southern Declares Quarterly Dividend
[www.thestreet.com]



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