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PPU 2000 at Peoria, IL. The Tazewell & Peoria Railroad (T&P) (reporting mark TZPR) (November 1, 2004—present) is a short-line railroad, running entirely in Peoria County and Tazewell County, Illinois, and formed by Genesee & Wyoming Inc. to lease the assets of the century-old Peoria and Pekin Union Railway (P&PU), which is owned by Union Pacific, Norfolk Southern and Canadian National.
The Canadian Pacific Railway (French: Chemin de fer Canadien Pacifique) (reporting marks CP, CPAA, MILW, SOO), also known simply as CPR or Canadian Pacific and formerly as CP Rail (1968–1996), is a Canadian Class I railway incorporated in 1881.
With entrepreneur Jack Haley as president and CEO, the Chicago Central & Pacific Railroad was formed by a spin-off from the by-then-named Illinois Central Gulf. [5] Distinct operations began on December 24, 1985. [6] The IC repurchased the railroad in 1996 and operated it as a subsidiary until the IC itself was purchased by CN three years later.
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By 1944, the P&PU was switching 14 major railways that ran into Peoria, an unusually high number of railways for a city the size of Peoria. The P&PU currently switches trains for 8 other railways, handles over 170,000 cars per year, and is owned jointly by the Canadian National Railway, Norfolk Southern Railway, and Union Pacific Railroad.
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