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Union PacificThe Reconfiguration: America's Greatest Railroad from 1969 to the Present$
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Maury Klein

Print publication date: 2011

Print ISBN-13: 9780195369892

Published to Oxford Scholarship Online: March 2015

DOI: 10.1093/acprof:osobl/9780195369892.001.0001

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PRINTED FROM OXFORD SCHOLARSHIP ONLINE (oxford.universitypressscholarship.com). (c) Copyright Oxford University Press, 2021. All Rights Reserved. An individual user may print out a PDF of a single chapter of a monograph in OSO for personal use. date: 27 September 2021

The New Partners

The New Partners

Chapter:
(p.127) 9 The New Partners
Source:
Union Pacific
Author(s):

Maury Klein

Publisher:
Oxford University Press
DOI:10.1093/acprof:osobl/9780195369892.003.0011

This chapter focuses on Union Pacific Railroad's merger with Western Pacific Railroad and Missouri Pacific Railroad. The merger of the three railroads marked a milestone in John C. Kenefick's career and opened a new era in Union Pacific's history, one that ended its historic role as a bridge carrier. Even while undergoing the long and tedious process of getting the merger approved, Kenefick began planning how best to put the two systems together. Meanwhile, C. Barry Schaefer created a team of four to oversee the merger process: himself, Paul Conley, Charley Eisele, and Tom Watts. By the time the Interstate Commerce Commission granted approval, it had long since sanctioned the other proposed major mergers in the railroad industry, including Burlington Northern Railroad's acquisition of the Frisco and the union of the Chessie and Seaboard systems into CSX.

Keywords:   mergers, Union Pacific Railroad, Western Pacific Railroad, Missouri Pacific Railroad, John C. Kenefick, C. Barry Schaefer, Interstate Commerce Commission, railroad industry, railroads

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