FreightWaves Classics: Fallen Flags – Illinois Central Railroad (Part 1)

There are many people interested in former transportation companies, whether they were trucking companies, railroads, airlines or ocean lines. They are called “fallen flags,” and the term describes those companies whose corporate names have been dissolved through merger, bankruptcy or liquidation.

The Illinois Central Railroad (IC) is among the most notable of the railroads that are now considered fallen flags. The IC’s slogan, “The Main Line of Mid-America,” described well its north-south routing. Simply put, it ran from Chicago to the Gulf Coast. But it was much more.

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