Milwaukee Road's Slow, Painful Death | Mismanagement, Mistakes, Madness | History in the Dark

Описание к видео Milwaukee Road's Slow, Painful Death | Mismanagement, Mistakes, Madness | History in the Dark

The Milwaukee Road was an American railroad that had existed in one form or another for over 100 years. During that time they had faced difficulty and made errors, some of which caused them to file for bankruptcy. However, nothing they had ever done before could compare to the unrelenting insanity that enveloped the company during the 1960's and 70's. From intentionally turning down business to leasing their own cars back to themselves, the story of Milwaukee Road's failure is one for the history books purely by how avoidable it was.

0:00 - Intro
2:13 - The Backstory
7:20 - The Madness
19:17 - The End

"The Chicago, Milwaukee, St. Paul and Pacific Railroad (CMStP&P), often referred to as the "Milwaukee Road" (reporting mark MILW), was a Class I railroad that operated in the Midwest and Northwest of the United States from 1847 until 1986. The company experienced financial difficulty through the 1970s and 1980s, including bankruptcy in 1977 (though it filed for bankruptcy twice in 1925 and 1935, respectively). In 1980, it abandoned its Pacific Extension, which included track in the states of Montana, Idaho, and Washington. The remaining system was merged into the Soo Line Railroad (reporting mark SOO), a subsidiary of Canadian Pacific Railway (reporting mark CP), on January 1, 1986. Much of its historical trackage remains in use by other railroads. The company brand is commemorated by buildings like the historic Milwaukee Road Depot in Minneapolis and preserved locomotives such as Milwaukee Road 261 which operates excursion trains."

🚂 Further reading 🚂
http://www.trainweb.org/milwaukee/art...
https://mtsgreenway.org/blog/legacy-o...
https://en.wikipedia.org/wiki/Milwauk...

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