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The Peoria Gateway
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<P>[quote user="tiskilwa"]The attached advertisement for the Peoria & Pekin Union (dated 1974) makes the claim that Peoria, Illinois was an advantageous place to interchange between railroads (ICG, C&NW, BN, Santa Fe, etc) because of low congestion and short delays.<BR><BR>Question: Has Peoria ever become an important "gateway"? Is there, and has there ever been, much interchange taking place there?<BR><BR>[/quote]</P> <P>Oh, how I miss the days of regulated railroads (not). It was only 26 years ago! </P> <P>Under regulation, Peoria was a viable gateway and quite important, particularly for transcontinental traffic such as lumber where brokers were seeking to delay or accelerate shipments to optimize market timing on delivery. In terms of total carloads interchanged it was no Chicago or St. Louis, but it wasn't insignificant, either. Back then, you paid by rate territories, and convoluted routings and all the costs associated with extra handling were simply absorbed in the system. Post-regulation, shippers now had to pay for any extra handling, reroutes, and diversions, and Peoria's value as an interchange point went to nil very quickly.</P> <P>S. Hadid</P>
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