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Transportation Company - Delaware & Hudson - Railroad

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Transportation Company - Delaware & Hudson - Railroad
Company Name Delaware & Hudson
Category Railroad
Year Founded 1823
Final Year of Operation 1991
Termination Acquired
Successor/Parent Canadian Pacific (Details)
Country United States (Details)
Source of Text Wikipedia
Text Credit URL Link
Transportation Company - Delaware & Hudson - Railroad



Company History: The Delaware and Hudson Canal Company would found the Delaware and Hudson Railway to support its mission of getting fuel to the timber denuded cities of the northeast when it was discovered that 'rock coal' or Anthracite could be burned successfully. In time the railway eclipsed the parent company, and America's brief canal age would be ended by the availability of more powerful traction locomotives, so today the canal is little known. Today the Delaware and Hudson Railway (reporting mark DH) is again a subsidiary railroad that operates in the northeastern United States. Since 1991 it was owned and operated by the Canadian Pacific Railway under the rail subsidiary Soo Line Corporation also controls the Soo Line Railroad, Canadian Pacific Railway is owned by Canadian Pacific Railway Limited.

The name itself originates from the 1823 New York state corporation charter listing the unusual name of "The President, Managers and Company of the Delaware & Hudson Canal Co." authorizing an establishment of "water communication" between the Delaware River and the Hudson River.

Nicknamed "The Bridge Line to New England and Canada," the D&H helped connect New York with Montreal, Quebec and New England. It called itself "North America's oldest continually operated transportation company." Between 1968 & 1984, the D&H was owned by Norfolk & Western. N&W sold it to Guilford Transportation, who cast it into bankruptcy in 1988 and in 1991, the D&H was purchased by Canadian Pacific Railway (CP).

On September 19, 2015, Norfolk Southern Railway assumed control and began operations of their recently acquired Delaware & Hudson "South Line", the 282 miles from Schenectady, New York to Sunbury, Pennsylvania from CP. The Delaware & Hudson "South Line" is a rail route that now consists of three rail lines, the Sunbury Line, the Freight Line, and the Voorhesville Running Track; the Sunbury Line absorbed the original route of the Delaware, Lackawanna and Western Railroad main line which contains the Nicholson Cutoff during that rail line's history.

Successor/Parent History:
The Canadian Pacific Railway (CPR), formerly also known as CP Rail (reporting mark CP) between 1968 and 1996, is a historic Canadian Class I railroad incorporated in 1881. The railroad is owned by Canadian Pacific Railway Limited (TSX: CP, NYSE: CP), which began operations as legal owner in a corporate restructuring in 2001.

Headquartered in Calgary, Alberta, it owns approximately 23,000 kilometres (14,000 mi) of track all across Canada and into the United States, stretching from Montreal to Vancouver, and as far north as Edmonton. Its rail network also serves major cities in the United States, such as Minneapolis, Milwaukee, Detroit, Chicago, and New York City.

The railway was originally built between Eastern Canada and British Columbia between 1881 and 1885 (connecting with Ottawa Valley and Georgian Bay area lines built earlier), fulfilling a promise extended to British Columbia when it entered Confederation in 1871. It was Canada's first transcontinental railway, but currently does not reach the Atlantic coast. Primarily a freight railway, the CPR was for decades the only practical means of long-distance passenger transport in most regions of Canada, and was instrumental in the settlement and development of Western Canada. The CP became one of the largest and most powerful companies in Canada, a position it held as late as 1975. Its primary passenger services were eliminated in 1986, after being assumed by Via Rail Canada in 1978. A beaver was chosen as the railway's logo because it is the national symbol of Canada and was seen as representing the hardworking character of the company.

The company acquired two American lines in 2009: the Dakota, Minnesota and Eastern Railroad and the Iowa, Chicago and Eastern Railroad. The trackage of the ICE was at one time part of CP subsidiary Soo Line and predecessor line The Milwaukee Road. The combined DME/ICE system spanned North Dakota, South Dakota, Minnesota, Wisconsin, Nebraska and Iowa, as well as two short stretches into two other states, which included a line to Kansas City, Missouri, and a line to Chicago, Illinois, and regulatory approval to build a line into the Powder River Basin of Wyoming. It is publicly traded on both the Toronto Stock Exchange and the New York Stock Exchange under the ticker CP. Its U.S. headquarters are in Minneapolis.

After close of markets on November 17, 2015, CP announced an offer to purchase all outstanding shares of Norfolk Southern Railway, at a price in excess of the US$26 billion capitalization of the United States-based railway. If completed, this merger of the second and fourth oldest Class I railroads in North America would have formed the largest single railway company on that continent, reaching from the Pacific coast to the Atlantic coast to the Gulf Coast. The merger effort was abandoned by Canadian Pacific on April 11, 2016, after three offers were rejected by the Norfolk Southern board.

Read more on Wikipedia and on Canadian Pacific official website.

Brief History:
The U.S. is a country of 50 states covering a vast swath of North America, with Alaska in the northwest and Hawaii extending the nation’s presence into the Pacific Ocean. Major Atlantic Coast cities are New York, a global finance and culture center, and capital Washington, DC. Midwestern metropolis Chicago is known for influential architecture and on the west coast, Los Angeles' Hollywood is famed for filmmaking.


Item Links: We found: 4 different collections associated with Delaware & Hudson - Railroad
Item created by: gdm on 2017-10-10 09:56:17. Last edited by gdm on 2019-08-26 09:49:12

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