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What is Alaska Railroad mean?
The Alaska Railroad (reporting mark ARR) is a Class II railroad that operates freight and passenger trains in the state of Alaska. The railroad's mainline is over 470 miles (760 km) long and runs between Seward on the southern coast and Fairbanks, near the center of the state and the Arctic Circle, passing through Anchorage and Denali National Park where 17% of visitors arrive by train. The railroad has about 656 miles (1,056 km) of track, including sidings, rail yards and branch lines, including the branch to Whittier, where the railroad interchange freight railcars with the contiguous United States via rail barges that sail between the Port of Whittier and Harbor Island in Seattle.
Construction of the railroad started in 1903 when the Alaska Central Railroad built a line starting in Seward and extending 50 miles (80 km) north. The Alaska Central went bankrupt in 1907 and was reorganized as the Alaska Northern Railroad Company in 1911, which extended the line another 21 miles (34 km) northward. On March 12, 1914, the U.S. Congress agreed to fund construction and operation of an all-weather railroad from Seward to Fairbanks and purchased the rail line from the financially struggling Alaska Northern.
As the government started building the estimated $35 million railroad, it opened a construction town along Ship Creek, eventually giving rise to Anchorage, now the state's largest city. In 1917, the government purchased the narrow gauge Tanana Valley Railroad, mostly for its railyard in Fairbanks. The railroad was completed on July 15, 1923 with President Warren G. Harding travelling to Alaska to drive a ceremonial golden spike at Nenana. Ownership of the railroad passed from the federal government, to the state of Alaska on January 6, 1985.
In 2019, the company generated a $21.6 million profit on revenues of $203.9 million, holding $1.1 billion in total assets.
referencePosted on 12 Sep 2024, this text provides information on Miscellaneous in Regional related to Regional. Please note that while accuracy is prioritized, the data presented might not be entirely correct or up-to-date. This information is offered for general knowledge and informational purposes only, and should not be considered as a substitute for professional advice.
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