Even though the Reading was never again to regain its powerful position of the 1870s, it still was a very profitable and important railroad.
This made railroads less efficient and also less profitable because intercity rail's great comparative advantage was in moving goods over long distances.
Mr. Tellier guided Canadian National through a transformation from a government-owned corporation into one of North America's most efficient and profitable railroads.
These are no longer private, profitable railroads operating in interstate commerce.
Our private and profitable railroads may be the only successful deregulated industry, and the Surface Transportation Board's first major merger decision was correct.
It was reputed to be the most profitable railroad in the world at the time.
This made the railroad very profitable, while also allowing a steady flow of money to help with construction cost.
By 1933 the railroad, never profitable, ceased operation and was dismantled, and in 1939 the Hagan Mine closed down.
Louisiana Railway & Navigation operated a marginally profitable railroad between New Orleans, Shreveport and Dallas.
With fellow director Jeremiah Milbank (1818-1884) he built the Milwaukee Road into one of the most profitable railroads in the United States.