In the late winter of 1977 (December 19 to be exact), the last transcontinental railroad that was built in America filed for Chapter 11 Bankruptcy protection. Its lines across the mid-west and west lay in ruins as a result of a complicated and inter-twined series of events that, at best, are difficult to understand. The winter of 1979 would be its final winter and in 1980 The Milwaukee Road sold its Western Extension to scrapers from Terry, MT to Tacoma, WA. The company that emerged (with track only in the Midwest) would last only five more years before being sold to The Soo Line, thus completely ending the granger railroad that never really came to grips with being a large transcontinental route.
As a matter of fact, the 1970s weren't a happy time for railroads in general. At least up until the Enron fiasco, the record for most money lost in a single day by a corporation was held by the Penn-Central Railroad. The Rock Island Railroad would, like the Milwaukee, file for bankruptcy protection and be gone as a corporation by March 1980 and its occasionally rumored merger partner to the east, the Erie-Lackawanna, would be bankrupt and put under the wings of Conrail in 1979.
So what makes The Milwaukee Road special? Perhaps it is its bold and scenic route across the upper Mid-west and West that pits it against five mountain ranges. Perhaps it is its storied love affair with electrified operations through the Rockies and Cascades. Or perhaps it is the people and towns that it has left behind to wonder at its passing and marvel at the scale of its failure. For whatever the reason, the old road is fascinating to me and I'll post some more thoughts and history as I feel led.