IC Takeover of Chicago Central and Pacific

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IC Takeover of Chicago Central and Pacific

Postby Engineer Spike » Thu Dec 10, 2015 9:12 pm

IC sold off the CC&P, when they were doing their massive downsizing in the 1980s. In the mid 1990s, they bought it back. What was the motive? By that time, UP was taking over the Northwestern. There was little hope of getting a slice of the pie on overhead traffic at Omaha/ Council Bluffs. Was there much online traffic?

On a side note, how was BN finally able to get control over the line through E. Dubuque?
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Re: IC Takeover of Chicago Central and Pacific

Postby JayBee » Sun Feb 07, 2016 2:04 am

There are six Shuttle Grain Elevators west of Iowa Falls plus at least two large Ethanol Distilleries that I know of.
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Re: IC Takeover of Chicago Central and Pacific

Postby Jmusolf » Wed Feb 24, 2016 4:34 pm

I vaguely remember reading something about IC being one of the bidders for the C&NW when it was up for sale in the 90s even though UP owned a good chunk of its' stock by then.

So maybe it was a response to not getting the North Western.
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