Rail Mergers And Formation Of The Burlington Northern Holding Company

During the 1980s, three major events--a Frisco Railroad merger, leadership changes, and deregulation--improved Burlington Northern's railway earnings and radically transformed corporate objectives, standards, work methods, and technology. This volume explores initiatives and strategies Burlington Northern employed to reach the era's ambitious goals, as well as the cost of such profound change.

"Illustrated history of the North American Railroad industry's mergers and acquisitions illustrated with historical photography and 50 specially commissioned maps and line diagrams charting that evolution"-Provided by publisher.

Mergers have affected railroads in ways few other industries have experienced, and in the last 50 years they have steered the business direction of American railroads. Leaders Count brings readers the dramatic story of how the Aurora Branch Railroad, which spanned from Aurora, Illinois, to Chicago, grew and developed into the modern-day BNSF Railway. The story begins with the many ways railroads shaped and settled the country and tells how the founders commitment to their dreams ensured the railroad's success. The profiles of tenacious leaders like James J. Hill, known as The Empire Builder, and Matthew Rose, current CEO of BNSF, will inspire readers. This is a case history of the business strategies that have taken this company from its humble beginnings to the industry giant that it is today. More than 75 photos from the company's extensive archives accompany the story of BNSF's evolution. As one of the largest and most successful of U.S. railroads, BNSF Railway is a vibrant example of today's freight railroad industry. While the book provides a brief history of railroads in general, including the five principal companies making up the present day BNSF, its focus is on the critical decisions and strategies implemented by its leaders, choices that ensured the railroad's survival. Leader Count will be released on the tenth anniversary of the merger that brought the Burlington Northern and the Santa Fe railroads to create the industry titan that it is today.

Between 1970 and 1997, the nation's railroads engaged in corporate mergers in an effort to stem the decline of the industry's market base, increase low return on investments, and counter the deterioration of trackage and equipment. The 73 Class I carriers in existence in 1970 have been consolidated into only 10 today. The recent battle over Conrail is only the most recent and highly publicized example of this trend that resulted from the relaxation of federal regulation. Business scholars, economists, railroad buffs, and anyone interested in transportation and federal regulation will find this book an invaluable tool.