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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]
Texas Central Railway MKT, SP: 1879 1891 Texas Central Railroad, Texas Midland Railroad: Not to be confused with the Texas Central Railway high speed rail project. Texas City Terminal Company: 1898 1921 Texas City Terminal Railway: Texas City Terminal Railway: 1893 1897 Texas City Terminal Company: Texas City Transportation Company: 1904 1920
In 2023, the line had a ridership of 233,500, or about 1,000 per weekday as of the third quarter of 2024. It is the fourth-busiest commuter rail line in Texas and the twenty-ninth busiest in the United States.
Class I railroads had an annual operating revenue of at least $1 million, while Class III railroad incomes were under $100,000. Railroads in both classes were subject to reporting requirements on a quarterly or annual schedule. In 1925, the ICC reported 174 Class I railroads, 282 Class II railroads, and 348 Class III railroads. [1]
The Santa Fe sold the two lines to the Seagraves, Whiteface and Lubbock Railroad (reporting mark SWGR) in April 1990, and in November 1995 RailAmerica took over operations through the West Texas and Lubbock Railroad (reporting mark WTLR), [2] which also operated the affiliated Plainview Terminal Company. [3]
The Austin Western Railroad (reporting mark AWRR) is a Class III short-line railroad headquartered in Round Rock, Texas. [1] AWRR is a subsidiary of Watco.It is the contracted operator of 126 miles (203 km) of ex-Southern Pacific trackage, now owned by Capital Metropolitan Transportation Authority.
The Central Texas & Colorado River Railway (reporting mark CTXR) is a short-line railroad headquartered in Brady, Texas. Formerly known as the Heart of Texas Railroad , the railroad operates a portion of the former Santa Fe branch line to Eden , between Brady and an interchange with the BNSF Railway at Lometa .
The Texas Northeastern Railroad (reporting mark TNER) is a Class III railroad operating in the United States state of Texas that began operations in 1990. [1] It consists of 104 miles (167 km) [2] of track on two lines. One line runs from Bonham, Texas to Sherman, Texas, with a branch from Bells, Texas to Trenton, Texas.