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Santa Fe - Railroad

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Santa Fe - Railroad
Company Name Santa Fe
Company Web Site Link
Category Railroad
Year Founded 1859
Final Year of Operation 1996
Termination Merged
Successor/Parent Burlington Northern Santa Fe (Details)
Country United States (Details)
Santa Fe - Railroad



Company History: The Atchison, Topeka and Santa Fe Railway (reporting mark ATSF), often abbreviated as Santa Fe or AT&SF, was one of the larger railroads in the United States. Chartered in February 1859, the railroad reached the Kansas-Colorado border in 1873 and Pueblo, Colorado, in 1876. To create a demand for its services, the railroad set up real estate offices and sold farm land from the land grants that it was awarded by Congress. Despite the name, its main line never served Santa Fe, New Mexico, as the terrain was too difficult; the town ultimately was reached by a branch line from Lamy.

The Santa Fe was a pioneer in intermodal freight transport, an enterprise that (at one time or another) included a tugboat fleet and an airline (the short-lived Santa Fe Skyway). Its bus line extended passenger transportation to areas not accessible by rail, and ferryboats on the San Francisco Bay allowed travelers to complete their westward journeys to the Pacific Ocean. The ATSF was the subject of a popular song, Harry Warren & Johnny Mercer's "On the Atchison, Topeka and the Santa Fe", written for the film, The Harvey Girls (1946).

The railroad officially ceased operations on December 31, 1996, when it merged with the Burlington Northern Railroad to form the Burlington Northern & Santa Fe Railway.

Read more on Wikipedia.

Successor/Parent History:
The BNSF Railway (reporting mark BNSF) is one of the largest freight railroad networks in North America, second to the Union Pacific Railroad (UP) (its primary competitor for Western U.S. freight), and is one of seven North American Class I railroads. It has 48,000 employees, 32,500 miles (52,300 km) of track in 28 states, and over 8,000 locomotives. It has three transcontinental routes that provide high-speed links between the western and eastern United States. BNSF trains traveled over 169 million miles in 2010, more than any other North American railroad.[2] The BNSF and UP have a duopoly on all transcontinental freight rail lines in the Western U.S. and share trackage rights over thousands of miles of track.

According to corporate press releases, the BNSF Railway is among the top transporters of intermodal freight in North America. It also hauls bulk cargo. For instance, the railroad hauls enough coal to generate roughly ten percent of the electricity produced in the United States.

Headquartered in Fort Worth, Texas, the railroad 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 on September 22, 1995. 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 December 31, 1996. On January 24, 2005, the railroad's name was officially changed to "BNSF Railway," using the initials of its original name.

In 1999, Burlington Northern Santa Fe and the Canadian National Railway announced their intention to merge and form a new corporation entitled North American Railways to be headquartered in Montreal, Canada. The United States' Surface Transportation Board (STB) placed a 15-month moratorium on all rail mergers, which ended this merger.

On November 3, 2009, Warren Buffett's Berkshire Hathaway announced it would acquire the remaining 77.4 percent of BNSF it did not already own for $100 per share in cash and stock - a deal valued at $44 billion. The company is investing an estimated $34 billion in BNSF and acquiring $10 billion in debt. On February 12, 2010, shareholders of Burlington Northern Santa Fe Corporation voted in favor of the acquisition.

Read more on Wikipedia. A very nice booklet "History and Legacy" is available on BNSF 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: 5 different collections associated with Santa Fe - Railroad
Item created by: gdm on 2017-10-10 09:58:24. Last edited by gdm on 2018-03-30 06:11:23

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