What happened to the MKT Railroad?
Established in 1865 under the name Union Pacific Railway, Southern Branch, it came to serve an extensive rail network in Texas, Oklahoma, Kansas, and Missouri. In 1988, it merged with the Missouri Pacific Railroad; today, it is part of Union Pacific Railroad.
Where was the Katy railroad?
Missouri-Kansas-Texas Railroad
The Missouri-Kansas-Texas Railroad, better known as The Katy, was a large granger that maintained an unconventional north-south network within a region dominated by the Santa Fe, Missouri Pacific, and Southern Pacific/St. Louis Southwestern (Cotton Belt).
Is Morrison Knudsen still in business?
He was ousted in 1995 as Morrison Knudsen ended up in bankruptcy court, where it was rescued by Washington Construction Group, which paid $380 million for the company in 1996; the combined business was renamed Washington Group International.
What does Katy railroad stand for?
The Missouri-Kansas-Texas Railroad, affectionately referred to as the Katy, was created in 1865. By the time it joined Union Pacific in 1988, the Katy served six midwestern states with more than 3,377 miles of track.
Who bought Morrison Knudsen?
Washington Construction
Washington Construction has agreed to buy Morrison Knudsen for about $380 million after the swap. The new company will keep the Morrison Knudsen name and will be based in Boise.
When was Morrison Knudsen founded?
1905
Morrison–Knudsen/Founded
Where did the Missouri-Kansas Eastern Railroad start?
In the late 1890s, a subsidiary once called the Missouri-Kansas-Eastern railroad was established to run from existing MKT rails approaching Kansas City into St Louis via the Missouri River basin. Congress had passed acts promising land grants to the first railroad to reach the Kansas border via the Neosho Valley.
Where are the MKT train depots in Texas?
The MKT railroad depot in Lockhart. The MKT railroad depot in Lockhart. Train at the 2nd Katy railroad station in Smithville. The 2nd railroad depot in Smithville. This larger depot replaced a smaller one after Smithville was chosen to be the division center with rail shops for most of Texas.
Where did the Katy Railroad get its name?
In spite of this, the company suffered only one true bankruptcy as a result of financial hardship. As its name implies, the MKT linked its namesake states with key connections to St. Louis, Kansas City, Dallas/Fort Worth, Waco, San Antonio, and Galveston/Houston.
Who are the owners of the Missouri Pacific Railroad?
It sported rail cars with names including Sam Houston, Stephen F. Austin, David Crockett, and James Bowie after prominent men of the state. On August 12, 1988, the Missouri Pacific Railroad (MoPac) and its owner, Union Pacific Corporation, purchased the Katy with approval from the Interstate Commerce Commission.
