HEAR THE WHISTLE THE STORY OF JACK HALEY AMERICAN ENTREPRENUER AND RAILROAD PIONEER

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Part Number:124632

New Book
Kathy Halley Buhrman 254 pages softcover

In 1984, the Illinois Central Gulf Railroad sold a 100-mile branch line serving Iowa and Minnesota to retired USAF pilot and real estate entrepreneur Jack Haley, who had a longtime dream of owning a railroad. A year later on Christmas Eve 1985, Haley, as president and chief executive, took possession of the ICG’s former Iowa Division across Iowa and Illinois, renaming it the Chicago, Central & Pacific Railroad. With a $75 million cash loan from General Electric, it was the largest privately-funded American railroad company formed in the 20th century by a non-railroad entity. Overshadowed by controversy and with his tenure short, Haley became legendary as the short line and regional rail operator who helped change the U.S. railroad industry forever.