FreightWaves Classics/Leaders: Edward Harriman improved railroads while building a fortune

Santa Cruz (CA) Union Depot. (Photo: santacruztrains.com)

This past Sunday was the 174th anniversary (February 20, 1848) of the birth of Edward Henry Harriman. 

Early career and start in railroading

Born on Long Island, New York, Harriman was the son of a minister. Although he was a very good student, he left school in 1861 at the age of 13 to work on Wall Street. Harriman began as an office boy, but worked his way up to be the managing clerk of an investment firm. Thanks to a loan from his uncle, Harriman purchased a seat on the New York Stock...

https://www.freightwaves.com/news/freightwaves-classicsleaders-edward-harriman-improved-railroads-while-building-a-fortune

FreightWaves Classics/Leaders: Ralph Budd led the Burlington Route into the streamliner age

Tom Sawyer contestants gather around Ralph Budd at the Mark Twain Zephyr dedication. (Photo:hannibal.lib.mo.us)

Born on a farm near Waterloo, Iowa, on August 20, 1879, Ralph Budd became a key railroad executive later in his life. Budd graduated from high school and college in only six years, earning a bachelor’s degree in science and civil engineering. 

His first job was with the Chicago Great Western Railroad. Budd began his career as a draftsman in the railroad’s divisional engineering office.

Mentor John Frank Stevens

John Frank Stevens (Photo: asce.org)John Frank Stevens
(Photo: asce.org)

Budd joined the Chicago, Rock Island and...

https://www.freightwaves.com/news/freightwaves-classicsleaders-ralph-budd-led-the-burlington-route-into-the-streamliner-age