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In 1956, the ICC counted 113 Class I line-haul operating railroads (excluding "3 class I companies in systems") and 309 Class II railroads (excluding "3 class II companies in systems"). The Class III category was dropped in 1956 but reinstated in 1978. By 1963, the number of Class I railroads had dropped to 102; cutoffs were increased to $5 ...
The Indiana Northeastern Railroad (reporting mark IN) is a Class III short line freight railroad operating on nearly 130 miles (210 km) in southern lower Michigan, northeast Indiana and northwest Ohio. The Indiana Northeastern Railroad Company began operations in December 1992 and is an independent privately owned company.
The Detroit, Bay City & Alpena Railroad, was a 3 ft 2 in (965 mm) narrow gauge [2] short line operated from Bay City northward to the Lake Huron port of Alpena. The line was converted to 4 ft 8 + 1 ⁄ 2 in ( 1,435 mm ) standard gauge in 1886 [ 3 ] and was reorganized into the Detroit and Mackinac (D&M) on December 17, 1894.
The Michigan Interstate Railway (reporting mark AA) was formed on August 27, 1977, to operate the Ann Arbor Railroad main line from Toledo, Ohio, to Elberta, Michigan. It succeeded Conrail as the designated operator of the line; Conrail had operated the line since 1976, following the Ann Arbor Railroad 's bankruptcy.
The Class I threshold is $250 million, adjusted for inflation since 1991. [2]). As of 2021, a Class II railroad in the United States has an operating revenue greater than $39.2 million but less than $489.9 million. [3]
Under general laws of Michigan, May 2, 1879. Sold at foreclosure June 7, 1887, to 2, and conveyed by deed dated Jan. 17, 1888. 6 The Grand Rapids and Indiana Railroad Company (No. 2). Under general laws of Michigan and Indiana, Sept. 1, 1855. Consolidated July 30, 1857, with 6[sic - 7] and 8, to form 3. 7 Grand Rapids and Mackinaw Railroad Company.
Lake Superior and Ishpeming Railroad No. 23 is an SC-4 class 2-8-0 "Consolidation" type steam locomotive originally built by the ALCO's Pittsburgh Works in 1910 for the Lake Superior and Ishpeming (LS&I) Railroad in Upper Michigan. The locomotive was originally numbered 9, but it was renumbered 23 in 1924.