Rehabilitation of the CNW and ICG Railroads
by Edward J. Sierleja, Transportation & Distribution, Associates Inc, Philadelphia, PA, USA,Document Type: Proceeding Paper
Part of: Rebuilding America: Infrastructure Rehabilitation
Abstract:
The railroad industry is an indispensable part of the American economy. However, the railroad infrastructure was allowed to deteriorate to the extent of having 5. 4 billion in deferred maintenance in 1976. The Chicago and North Western Transportation Company (CNW) and the Illinois Central Gulf Railroad Company (ICG) are two of the railroads that had extensive deferred maintenance. The result was a reduction in authorized speeds, deterioration of service, and loss of business. Rehabilitation required large amounts of cash, which the CNW and ICG did not have. To obtain cash, the CNW and ICG applied to the Federal Railroad Administration (FRA) for low-interest loans made possible by the Railroad Revitalization and Regulatory Reform (4R) Act of 1976. The objective of this paper is to describe the case histories of the infrastructure rehabilitation of two railroads, the Chicago and North Western Transportation Company (CNW) and the Illinois Central Gulf Railroad (ICG).
Subject Headings: Rail transportation | Rehabilitation | Infrastructure | Financing | Deterioration | Structural safety | Maintenance and operation | Illinois | United States | Chicago
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