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Alleghany Corporation
Alleghany Corporation is an American investment holding company originally created by the railroad entrepreneurs Oris and Mantis Van Sweringen as a holding company for their railroad interests. It was incorporated in 1929 and reincorporated in Delaware in 1984. On March 21, 2022, Berkshire Hathaway made an $11.6 billion offer to acquire the company, which completed in October 2022. After the company's bankruptcy in the Great Depression, control of the company fell into the hands of Robert Ralph Young and Allan Price Kirby. Young used the company as a vehicle for his vendetta against the J.P. Morgan banking interests, who had financed the Van Sweringens and managed to defeat them and the Vanderbilt interests in a 1954 proxy fight for the New York Central Railroad. The failing New York Central was in worse shape than Young had bargained for and he committed suicide shortly after being forced to suspend the dividend in January 1958. After Young's death, his role in NYC manage ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Robert Ralph Young
Robert Ralph Young (February 14, 1897 – January 25, 1958) was an American financier and industrialist. He is best known for leading the Chesapeake and Ohio Railway and the New York Central Railroad during and after World War II. He was a brother-in-law of the famous western painter, Georgia O'Keeffe. Because of his initials, R.R. Young was often labeled "Railroad" Young. He was otherwise known as the "Populist of Wall Street", or, as his press agent encouraged journalists to call him, "The Daring Young Man of Wall Street". He regarded himself as a crusader against the mismanagement of railroads by banking interests. Young's most famous advertising slogan was "A hog can cross the country without changing trains – but you can't." Despite his vocal criticisms, at the railroads he led, Young inaugurated many forward-looking advances in technology that have ramifications to the present. He was one of the first railroad executives to introduce high-speed diesel powered passeng ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
New Haven Railroad
The New York, New Haven and Hartford Railroad , commonly known as The Consolidated, or simply as the New Haven, was a railroad that operated principally in the New England region of the United States from 1872 to 1968. Founded by the merger of the New York and New Haven and Hartford and New Haven railroads, the company had near-total dominance of railroad traffic in Southern New England for the first half of the 20th century. Beginning in the 1890s and accelerating in 1903, New York banker J. P. Morgan sought to monopolize New England transportation by arranging the NH's acquisition of 50 companies, including other railroads and steamship lines, and building a network of electrified trolley lines that provided interurban transportation for all of southern New England. By 1912, the New Haven operated more than of track, with 120,000 employees, and practically monopolized traffic in a wide swath from Boston to New York City. This quest for monopoly angered Progressive Era refo ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Interstate Commerce Commission
The Interstate Commerce Commission (ICC) was a regulatory agency in the United States created by the Interstate Commerce Act of 1887. The agency's original purpose was to regulate railroads (and later Trucking industry in the United States, trucking) to ensure fair rates, to eliminate rate discrimination, and to regulate other aspects of common carriers, including Intercity bus service, interstate bus lines and telephone companies. United States Congress, Congress expanded ICC authority to regulate other modes of commerce beginning in 1906. Throughout the 20th century, several of ICC's authorities were transferred to other federal agencies. The ICC was abolished in 1995, and its remaining functions were transferred to the Surface Transportation Board. The Commission's five members were appointed by the President of the United States, President with the consent of the United States Senate. This was the first Independent agencies of the United States government, independent agency ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Penn Central Transportation Company
The Penn Central Transportation Company, commonly abbreviated to Penn Central, was an American Railroad classes, class I railroad that operated from 1968 to 1976. Penn Central combined three traditional corporate rivals, the Pennsylvania Railroad, Pennsylvania, New York Central Railroad, New York Central and the New York, New Haven and Hartford Railroad, New York, New Haven and Hartford railroad, each of which were united by large-scale service into the New York metropolitan area and to a lesser extent New England and Chicago. The new company failed barely two years after formation, the largest bankruptcy in U.S. history at the time. Penn Central's railroad assets were nationalized into Conrail along with those of other bankrupt northeastern railroads; its real estate and insurance holdings successfully Reorganization, reorganized into American Premier Underwriters. History Pre-merger The Penn Central railroad system developed in response to challenges facing Northeast United ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Wabash Railway
The Wabash Railroad was a Class I railroad that operated in the mid-central United States. It served a large area, including track in the states of Ohio, Indiana, Illinois, Iowa, Michigan, and Missouri and the province of Ontario. Its primary connections included Chicago, Illinois; Kansas City, Missouri; Detroit, Michigan; Buffalo, New York; St. Louis, Missouri; and Toledo, Ohio. The Wabash's major freight traffic advantage was the direct line from Kansas City to Detroit, without going through St. Louis or Chicago. Despite being merged into the Norfolk and Western Railway (N&W) in 1964, the Wabash company continued to exist on paper until the N&W merged into the Norfolk Southern Railway (NS) in 1982. At the end of 1960 Wabash operated 2,423 miles of road on 4,311 miles of track, not including the Ann Arbor Railroad and the New Jersey, Indiana and Illinois Railroad; that year it reported 6,407 million net ton-miles of revenue freight and 164 million passenger-miles. ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Nickel Plate Road
The New York, Chicago and St. Louis Railroad , abbreviated NYC&St.L, was a railroad that operated in the mid-central United States from 1881 to 1964. Commonly referred to as the "Nickel Plate Road", the railroad served parts of the states of New York, Pennsylvania, Ohio, Indiana, Illinois, and Missouri. Its primary connections occurred in Buffalo, Chicago, Cincinnati, Cleveland, Indianapolis, St. Louis, and Toledo. The Nickel Plate Road was constructed in 1881 along the South Shore of the Great Lakes to connect Buffalo and Chicago, in competition with the Lake Shore and Michigan Southern Railway. At the end of 1960, NKP operated of road on of track, not including the of Lorain & West Virginia. That year it reported 9.758 billion net ton-miles of revenue freight and 41 million passenger-miles. In 1964, the Nickel Plate Road and several other midwestern carriers were merged into the larger Norfolk and Western Railway (N&W). The goal of the N&W expansion was to form a ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Virginian Railway
The Virginian Railway was a Class I railroad located in Virginia and West Virginia in the United States. The VGN was created to transport high quality "smokeless" bituminous coal from southern West Virginia to port at Hampton Roads. History Early in the 20th century, William N. Page, William Nelson Page, a civil engineer and coal mining manager, joined forces with a Partnership#Silent partners, silent partner, industrialist financier Henry H. Rogers, Henry Huttleston Rogers (a principal of Standard Oil and one of the wealthiest men in the world), to develop the Deepwater Railway, a modest 85-mile long short line railroad to access untapped bituminous coal reserves in some of the most rugged sections of southern West Virginia. When Page was blocked by collusion of the bigger railroads, who refused to grant reasonable rates to interchange the coal traffic, he did not quit. As he continued building the original project, to provide their own link, using Rogers' resources and atto ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Norfolk And Western Railway
The Norfolk and Western Railway , commonly called the N&W, was a US class I railroad, formed by more than 200 railroad mergers between 1838 and 1982. It was headquartered in Roanoke, Virginia, for most of its existence. Its motto was "Precision Transportation"; it had a variety of nicknames, including "King Coal" and "British Railway of America". In 1986, N&W merged with Southern Railway to form today's Norfolk Southern Railway. The N&W was famous for manufacturing its own steam locomotives, which were built at the Roanoke Shops, as well as its own hopper cars. After 1960, N&W was the last major Class I railroad using steam locomotives; the last remaining Y class 2-8-8-2s would eventually be retired in 1961. In December 1959, the N&W merged with the Virginian Railway (reporting mark VGN), a longtime rival in the Pocahontas coal region. By 1970, other mergers with the Nickel Plate Road and Wabash formed a system that operated of road on of track from North Carolina to Ne ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Stuart T
Stuart may refer to: People *Stuart (name), a given name and surname (and list of people with the name) * Clan Stuart of Bute, a Scottish clan *House of Stuart, a royal house of Scotland and England Places Australia Generally *Stuart Highway, connecting South Australia and the Northern Territory Northern Territory *Stuart, the former name for Alice Springs (changed 1933) * Stuart Park, an inner city suburb of Darwin * Central Mount Stuart, a mountain peak Queensland *Stuart, Queensland, a suburb of Townsville *Mount Stuart, Queensland, a suburb of Townsville *Mount Stuart (Queensland), a mountain South Australia * Stuart, South Australia, a locality in the Mid Murray Council *Electoral district of Stuart, a state electoral district *Hundred of Stuart, a cadastral unit Canada *Stuart Channel Stuart Channel is a strait in the Gulf Islands region of the Gulf of Georgia, separating Vancouver Island on the west from Thetis, DeCourcy and Penelakut (Kuper) Islands on th ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Pennsylvania Railroad
The Pennsylvania Railroad ( reporting mark PRR), legal name as the Pennsylvania Railroad Company, also known as the "Pennsy," was an American Class I railroad that was established in 1846 and headquartered in Philadelphia, Pennsylvania. At its peak in 1882, the Pennsylvania Railroad was the largest railroad (by traffic and revenue), the largest transportation enterprise, and the largest corporation in the world. Over its existence, Pennsylvania Railroad acquired, merged with, or owned part of at least 800 other rail lines and companies. At the end of 1926, it operated of rail line;This mileage includes companies independently operated. PRR miles of all tracks, which includes first (or main), second, third, fourth, and sidings, totalled 28,040.49 at the end of 1926. in the 1920s, it carried nearly three times the traffic as other railroads of comparable length, such as the Union Pacific and Atchison, Topeka & Santa Fe railroads. Its only formidable rival was the New York Centra ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Alfred E
Alfred may refer to: Arts and entertainment *''Alfred J. Kwak'', Dutch-German-Japanese anime television series *Alfred (Arne opera), ''Alfred'' (Arne opera), a 1740 masque by Thomas Arne *Alfred (Dvořák), ''Alfred'' (Dvořák), an 1870 opera by Antonín Dvořák *"Alfred (Interlude)" and "Alfred (Outro)", songs by Eminem from the 2020 album ''Music to Be Murdered By'' Business and organisations * Alfred, a radio station in Shaftesbury, England *Alfred Music, an American music publisher *Alfred University, New York, U.S. *The Alfred Hospital, a hospital in Melbourne, Australia People * Alfred (name) includes a list of people and fictional characters called Alfred * Alfred the Great (848/49 – 899), or Alfred I, a king of the West Saxons and of the Anglo-Saxons Places Antarctica * Mount Alfred (Antarctica) Australia * Alfredtown, New South Wales * County of Alfred, South Australia Canada * Alfred and Plantagenet, Ontario ** Alfred, Ontario, a community in Alfred and Plantag ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
