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Frederick D. Underwood

Erie Railroad

1901 - 1926

Transportation

1900 b. 1849
male
Personal
Born-Died1849 - 1942
BirthplaceWisconsin (WI)
RaceWhite
FatherNon-Profit / Other
Era - 1900

When Underwood took over management of the Erie Railroad in 1901, it was barely surviving. Though its owner, JP Morgan had brought the company’s debt within a manageable range, the road itself had suffered much deterioration. Undertaking such innovative improvements as installing double tracking and grade reductions on the line and expanding major terminals, Underwood built Erie Railroad into a first class line, with one of the best freight service routes between New York and Chicago.