Post by splives on Nov 14, 2010 23:14:06 GMT -5
SP the Southern Pacific Story
How The Empire was made
1929- Southern Pacific is granted the right to control the Cotton Belt Railroad (St Louis South Western SSW) as a subsidiary but it must remain independent for now.
1963- Southern Pacific and Santa Fe railroads both attempt to take control of the Western Pacific both roads are denied this merger as it would make them too powerful in California.
1980- The Rock Railroad (Chicago Rock Island & Pacific) is in shambles. And is about to sell off itself. Management of the Southern Pacific decides they are interested in the road and ask the government to approve a merger between the two roads. The merger is approved and The Rock becomes the first large road to be merged into their empire. However Southern Pacific inherits The Rock’s massive debt.
1982- UP begins taking interest in the Western Pacific and Missouri Pacific lines and Southern Pacific steps up to battle them for Missouri Pacific. The government decides that UP will get WP and SP will get MP. Missouri Pacific also had some debt so SP inherited that as well.
1983- Southern Pacific suffers a major workers strike. This is a major setback for SP who is trying to eliminate the Debt it inherited from The Rock and Missouri Pacific and thus the debt remains.
1986- Southern Pacific merged into Santa Fe industries with plans to merge with The Santa Fe Railway to become SPSF Southern Pacific Santa Fe Railway. The government denies this merger as it would create a southern monopoly and thus Santa Fe Industries put Southern Pacific up for sale.
1988- Rio Grande Industries (parent company of D&RGW Denver and Rio Grande Western) bought the SP from Santa Fe Industries and inherited all the debt from them. Rio Grande decided that the combined company would retain the name Southern Pacific as it was more recognized in the business world and would benefit them more. Cotton Belt was still left independent for the time being. To eliminate debt The Golden West Service is created. This program included the sale of freight cars from SP, Cotton Belt, The Rock, MP and Rio Grande to make money. This eliminates most of the company’s debt so that it could move forward easier. Within months SP begins to make large profits. In this same year UP purchased the MKT (Missouri-Kansas and Texas)
1991- Southern Pacific adopts a new style of lettering know as Speed Lettering. This is the style that Rio Grande had. They decided this would be how they left their mark on SP since they were the ones who bought SP and not the other way around.
1992- Southern Pacific decides to unify its image and Cotton Belt is merged in. Speed Lettering is beginning to make its way on the system.
1995- Southern Pacific begins merger talks with the C&NW (Chicago and Northwestern). After months of these talks the Interstate Commerce Commission approves the merger and C&NW joins the ever expanding SP Empire. In this same year Burlington Northern and Santa Fe railroads decide to merge and they become BNSF (Burlington Northern Santa Fe). UP suffers heavily from these mergers and begins to fall quickly into debt as they cannot compete effectively with SP or BNSF.
1999- UP has been suffering heavily for years and Southern Pacific moves in. They propose a merger to the Surface Transportation Board (the ICC’s replacement) and on August 31, 1999 it is approved and Southern Pacific’s empire is now complete.
2010- By now all cars sold to create The Golden West Service have been repurchased by the Southern Pacific.
Southern Pacific is now an Empire 8 large roads strong, The Rock, Missouri Pacific, Western Pacific, Rio Grande, MKT, Cotton Belt, Chicago & North Western, and UP are all now a part of the largest Railroad in the United States today, the Southern Pacific.
Please feel free to comment on it. I tried to be realistic with my story line. Let me know what you all think.
How The Empire was made
1929- Southern Pacific is granted the right to control the Cotton Belt Railroad (St Louis South Western SSW) as a subsidiary but it must remain independent for now.
1963- Southern Pacific and Santa Fe railroads both attempt to take control of the Western Pacific both roads are denied this merger as it would make them too powerful in California.
1980- The Rock Railroad (Chicago Rock Island & Pacific) is in shambles. And is about to sell off itself. Management of the Southern Pacific decides they are interested in the road and ask the government to approve a merger between the two roads. The merger is approved and The Rock becomes the first large road to be merged into their empire. However Southern Pacific inherits The Rock’s massive debt.
1982- UP begins taking interest in the Western Pacific and Missouri Pacific lines and Southern Pacific steps up to battle them for Missouri Pacific. The government decides that UP will get WP and SP will get MP. Missouri Pacific also had some debt so SP inherited that as well.
1983- Southern Pacific suffers a major workers strike. This is a major setback for SP who is trying to eliminate the Debt it inherited from The Rock and Missouri Pacific and thus the debt remains.
1986- Southern Pacific merged into Santa Fe industries with plans to merge with The Santa Fe Railway to become SPSF Southern Pacific Santa Fe Railway. The government denies this merger as it would create a southern monopoly and thus Santa Fe Industries put Southern Pacific up for sale.
1988- Rio Grande Industries (parent company of D&RGW Denver and Rio Grande Western) bought the SP from Santa Fe Industries and inherited all the debt from them. Rio Grande decided that the combined company would retain the name Southern Pacific as it was more recognized in the business world and would benefit them more. Cotton Belt was still left independent for the time being. To eliminate debt The Golden West Service is created. This program included the sale of freight cars from SP, Cotton Belt, The Rock, MP and Rio Grande to make money. This eliminates most of the company’s debt so that it could move forward easier. Within months SP begins to make large profits. In this same year UP purchased the MKT (Missouri-Kansas and Texas)
1991- Southern Pacific adopts a new style of lettering know as Speed Lettering. This is the style that Rio Grande had. They decided this would be how they left their mark on SP since they were the ones who bought SP and not the other way around.
1992- Southern Pacific decides to unify its image and Cotton Belt is merged in. Speed Lettering is beginning to make its way on the system.
1995- Southern Pacific begins merger talks with the C&NW (Chicago and Northwestern). After months of these talks the Interstate Commerce Commission approves the merger and C&NW joins the ever expanding SP Empire. In this same year Burlington Northern and Santa Fe railroads decide to merge and they become BNSF (Burlington Northern Santa Fe). UP suffers heavily from these mergers and begins to fall quickly into debt as they cannot compete effectively with SP or BNSF.
1999- UP has been suffering heavily for years and Southern Pacific moves in. They propose a merger to the Surface Transportation Board (the ICC’s replacement) and on August 31, 1999 it is approved and Southern Pacific’s empire is now complete.
2010- By now all cars sold to create The Golden West Service have been repurchased by the Southern Pacific.
Southern Pacific is now an Empire 8 large roads strong, The Rock, Missouri Pacific, Western Pacific, Rio Grande, MKT, Cotton Belt, Chicago & North Western, and UP are all now a part of the largest Railroad in the United States today, the Southern Pacific.
Please feel free to comment on it. I tried to be realistic with my story line. Let me know what you all think.