Southern Pacific Company
From: The Columbia Encyclopedia, Sixth Edition
|
Date: 2008
Southern Pacific Company transportation system chartered (1865) in California and later reincorporated in Kentucky (1885) and Delaware (1947). Small railroads—known collectively as the Southern Pacific—were built and merged after 1865 in S California to provide feeder lines to the Central Pacific RR and eventually to provide connections between San Francisco and New Orleans. The Southern Pacific RR survived the Panic of 1873 and inadequate financing, and in 1883, after the company had purchased several Texas railroads, Houston, Galveston, and New Orleans were reached.
In 1884 the Southern Pacific and Central Pacific railroads—which were conceived and constructed as parts of one system—were combined under the leadership of Leland Stanford and Collis P. Huntington as a unit of interdependent systems. Edward H. Harriman gained control (1901) of the Southern Pacific after Huntington's death and expanded the lines. The Southern Pacific Company added several smaller railroads in the 20th cent. In 1923, after the U.S. Supreme Court had directed (1922) the company to separate the control of the Southern Pacific and Central Pacific railroads, the Interstate Commerce Commission allowed the Southern Pacific to lease the Central Pacific's facilities. The Southern Pacific soon gained control of several bus lines in the Far West and in 1938 took over the trucking service previously provided by the Pacific Motor Transport Company.
At the end of World War II the company failed to resume operation of its steamship services from New York City and Baltimore to Galveston, thus abandoning a service that it had operated for over half a century. After a series of mergers and divestitures in the 1980s, the railroad emerged as the Southern Pacific Rail Corporation, a public corporation with a large business in containerized truck-to-train freight. The 1980s and 90s, however, saw the railroad consistently lose money on operations, and in 1996 it was merged into the Union Pacific .
Bibliography: See S. Daggett, Chapters on the History of the Southern Pacific (1922, repr. 1966); N. C. Wilson and F. J. Taylor, Southern Pacific (1952); G. L. Dunscomb, A Century of Southern Pacific Steam Locomotives, 1862-1962 (1963); R. J. Orsi, Sunset Limited: The Southern Pacific Railroad and the Development of the American West, 1850-1930 (2005).
Author not available, SOUTHERN PACIFIC COMPANY.,
The Columbia Encyclopedia, Sixth Edition 2008
The Columbia Encyclopedia, Sixth Edition. Copyright 2008 Columbia University Press
For permission to reuse this article, contact Copyright Clearance Center.
Related articles from HighBeam Research:
|
MONTANA FIRM EYES SP RAIL BID COMPANY'S OFFER FOR SOUTHERN PACIFIC WOULD COMPETE WITH UNION PACIFIC $5.4 BILLION DEAL.(Business)
Rocky Mountain News (Denver, CO); 4/17/1996; Imse, Ann; 542 words;
... Rocky Mountain News Staff Writer Montana ... offer to Union Pacific's $5.4 billion buyout of Southern Pacific railroad. The ... would buy the Southern Pacific and sell its five ... attempt to buy Southern Pacific out from under Union Pacific is a long shot ... Mountain ...
|
|
Saunders' Pacific unit not child's play. (Ron Saunders, head of Southern Star Group's Southern Star Pacific children's TV production company)(Southern Star at 25)
Variety; 9/21/1998; Woods, Mark; 852 words;
Sydney Like Southern Star, veteran moppet ... Australia to revitalize Southern Star Pacific, the then moribund kidvid division of Southern Star. The many kidvid ... Johnson and Friends. At Southern Star, he harnessed Chinese ... projects will broaden Pacific's focus beyond ...
|
|
Another Rail Meltdown?(companies that experienced shipping problems following the Union Pacific and Southern Pacific merger are apprehensive about the pending merger of Conrail, Norfolk Southern, and CSX railroads)(Brief Article)
Industry Week; 5/17/1999; Miller, William H.; 713 words;
... caused by the 1996 merger of Union Pacific (UP) and Southern Pacific (SP) railroads is all too fresh. Shipments ... acquisition of Conrail Inc. by Norfolk Southern Corp. (NS) and CSX Corp.- might lead ... date. (UP, which was the acquiring company in the SP merger, did neither.) Also ...
|
|
C & S pact to buy factor biz of Security. (commercial finance companies Citizens and Southern Corp., Security Pacific Business Credit Inc.)
Daily News Record; 10/24/1989; 86 words;
... SECURITY NEW YORK (FNS) -- Citizens & Southern Corp. has signed a definitive agreement ... acquire the factoring business of Security Pacific Business Credit Corp. Terms were not ... second-largest factor in the country. The merged company would have an annual factoring business ... billion in annual ...
|
|
C & S buys Security Factoring. (commercial finance companies Citizens and Southern Commercial Corp., Security Pacific Business Credit Inc.)
Daily News Record; 12/5/1989; 176 words;
... FACTORING NEW YORK (FNS) -- Citizens & Southern Commercial Corp. has completed its purchase of the factoring business of Security Pacific Business Credit Corp., making it the second ... continue to manage the former Security Pacific client base and will take on additional ...
|
|
At mission bay, it's try, try again: five attempts show how the best-laid plans can go awry. Twenty-one years ago, the Southern Pacific Transportation Company announced plans for a $3 billion new town-in-town on its obsolete San Francisco railroad yards.
Planning; 8/1/2002; Adams, Gerald D.; 3491 words;
... economic peaks. Southern Pacific's 1981 plan ... northern and southern sectors by ... city housing, Southern Pacific executives ... years later, Southern Pacific officials ... Feinstein as Southern Pacific executive ... accept the company's Mission ... year later, ...
|
|
China Southern airlines.(ASIA/PACIFIC Report)(China Southern Airlines Company Ltd.)(Servair)(Brief article)
Air Transport World; 3/1/2008; 26 words;
China Southern Airlines signed a memorandum to sell a 20% stake in its Nanlian Air Catering Co. to Air France subsidiary Servair for [euro]7.3 million ($10.8 million).
|
|
Beijing terminal investment.(Asia Pacific)(Beijing Capital China Southern Ground Service Company)(Brief Article)
Airports International; 3/1/2004; 152 words;
... between Beijing Ground Service Company and China Southern has created Beijing Capital China Southern Ground Service Company, which gives China's largest ... Capital Airport. The new company will also handle China Southern's four subsidiary airlines ...
|
|
China Southern Airlines: cs-air.com.(Asia/Pacific)(China Southern Airlines Company Ltd. financial results)(Brief article)
Air Transport World; 7/1/2006; 288 words;
... Airlines led to Guangzhou-based China Southern suffering a loss of CNY1.85 billion ... A380s and 787s. Over the past year, China Southern increased the focus on its secondary ... class seats in its long-haul fleet. China Southern has stakes in Shantou Airlines (60 ...
|
|
Merger Plan Spurs Debate On Railroad Consolidation; Union, Southern Pacific Bid Under Attack
The Washington Post; 10/21/1995; Don Phillips; 941 words;
... Conrail, CSX and Norfolk Southern. The opposition to the Union Pacific-Southern Pacific merger has grown since ... That was when Union Pacific, Southern Pacific and Burlington Northern-San ... Conrail, the Kansas City Southern, and Illinois Central ... purchase parts of the ...
|
|
Southern Pacific Update on Acquisition of Oil Sands Assets
CCNMatthews Newswire; 9/28/2006; 1166 words;
... 2006) - Southern Pacific Resource Corp. ("Southern Pacific") (TSX VENTURE ... based private company owned solely ... Bounty and Southern Pacific will become ... Southern Pacific shares with ... Transaction"). Southern Pacific and Bounty ... of which ...
|
|
Southern Pacific Signs Letter of Intent to Acquire Oil Sands Assets and Announces a Private Placement
CCNMatthews Newswire; 8/10/2006; 995 words;
... based private company, ("Bounty ... Bounty and Southern Pacific will become ... Management Southern Pacific is also pleased ... join the company as President ... Directors of the Company; as well ... Placement Southern Pacific is also announcing ...
|
|
SOUTHERN PACIFIC RAILROAD TO BE SOLD FOR $1.8 BILLION
The Journal Record; 12/29/1987; 592 words;
... but the company refused to ... Kansas City Southern Industries ... Southern Pacific part of the ... Santa Fe Southern Pacific chief executive ... said his company will not ... said the company would want ... to buy the Southern Pacific.
|
|
Rail Firm Agrees to Buy Southern Pacific
The Washington Post; 12/29/1987; Martha M. Hamilton; 716 words;
... a holding company formed pending ... the ailing Southern Pacific to the DRGW ... to assume Southern Pacific's outstanding ... said the company would file ... portion of the Southern Pacific's tracks ... that the company would choose ...
|
|
ICC OKs Southern Pacific sale
Chicago Sun-Times; 8/10/1988; Cindy Richards; 600 words;
... of Kansas City Southern, ICC Commissioner ... combination of the Southern Pacific and Santa Fe Ry ... Santa Fe acquired Southern Pacific in 1983, hoping to merge the Southern Pacific and the Santa ... five years, the Southern Pacific has been held in a trust. At a ...
|
See all results from premium newspaper and magazine articles, images, maps and more at HighBeam Research.
Related articles from newspapers, magazines and other sources:
|
|