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Rock Island Railroad: "Route Of The Rockets!" (1852-1980)
As Mr. Schneider notes, in 1959 the railroad was still a well-respected corporation boasting gross annual revenues of $219.5 million with a ranking of 22nd in Fortune magazine's Top Fifty Transportation Companies. Barely two decades later the picture had changed dramatically as the road carried a stunning annual deficit of $400 million when it was liquidated in 1980.
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