Private company

Toledo, Peoria and Western Railway

Short-line railroad in Illinois and Indiana

The Toledo, Peoria and Western Railway (reporting mark TPW), formerly nicknamed the "Tip-Up", is a shortline railroad that operates 247 miles (398 km) of trackage between Mapleton and Peoria in Illinois, and Logansport, Indiana. TP&W also interchanges with multiple surrounding railroads, and they have trackage rights over other railroads between Peoria and Galesburg, between Logansport and Kokomo, and between Reynolds and Lafayette. As of 2026, the railroad is owned by Genesee & Wyoming Inc.2 It is headquartered in East Peoria.1 Wikipedia text CC BY-SA 4.0

Last updated Oct 20, 2026.

Overview

1989Founded1
TPW 5009
Photo: Joseph Gage, CC BY-SA 2.0, via Wikimedia Commons4

The Toledo, Peoria and Western Railway (reporting mark TPW), formerly nicknamed the "Tip-Up", is a shortline railroad that operates 247 miles (398 km) of trackage between Mapleton and Peoria in Illinois, and Logansport, Indiana. TP&W also interchanges with multiple surrounding railroads, and they have trackage rights over other railroads between Peoria and Galesburg, between Logansport and Kokomo, and between Reynolds and Lafayette. As of 2026, the railroad is owned by Genesee & Wyoming Inc.2

Corporate structure

Toledo, Peoria and Western Railway is part of a group headed by Genesee & Wyoming. 48 entities, 3 countries on record. Switch between the flow chart and the network, and select any entity to see its details.

Built from parent and subsidiary links from GLEIF, the Global Legal Entity Identifier Foundation (CC0); subsidiaries, stakes and holdings from Wikidata (CC0). Each entity in the chart links to its source.

The story

The Toledo, Peoria and Western's earliest predecessor was the Peoria and Oquawka Railroad, which was chartered in 1849, with the goal of providing a rail connection between the Illinois River in Peoria and the Mississippi River. In 1857, they completed construction on their route between Peoria and East Burlington, Illinois. Despite "Oquawka" being incorporated in the name, the railroad was forced to bypass Oquawka, since town officials were reluctant to permit trains in their area.

By 1860, the Peoria and Oquawka extended their route to the Illinois-Indiana state line in Effner, where they interchanged with the recently chartered Logansport, Peoria and Burlington Railroad (LP&B). By 1859, the Peoria and Oquawka fell under receivership, and the company was quickly absorbed into the Chicago, Burlington and Quincy Railroad (CB&Q). In 1861, the line between Peoria and Effner was sold to the LP&B, and then in 1864, the LP&B was reorganized as the Toledo, Peoria and Warsaw Railway (TP&W).

Despite "Toledo" being incorporated in the name, the railway never extended their route to Toledo, Ohio. In 1868, the TP&W absorbed the Mississippi and Wabash Railroad, which had constructed a route between Peoria and Warsaw, Illinois. In 1871, the TP&W opened two routes; one main line over the Mississippi River between Hamilton and Keokuk, Iowa; and one branch line between La Harpe and Lomax. The latter allowed the TP&W to interchange with the CB&Q, and the railway was granted trackage rights over the CB&Q's branch between Lomax and Burlington, Iowa.

Later in the 1870s, the TP&W experienced some financial problems. In 1880, the TP&W was reorganized as the Toledo, Peoria and Western Railroad (TP&W), and the company became leased by the Wabash, St. Louis and Pacific Railway. The lease lasted until 1884, and then on March 28, 1887, the Toledo, Peoria and Western Railway was incorporated and took over operations. In 1893, a controlling interest of the TP&W was purchased by the Pennsylvania Railroad (PRR), who interchanged with the TP&W at Effner, and the purchase allowed the PRR to move their western terminus to Keokuk, and to interchange with the CB&Q at Lomax. The CB&Q and the PRR both quickly became joint owners of the TP&W.

From Wikipedia’s article on Toledo, Peoria and Western Railway, shared under CC BY-SA 4.0.3

Subsidiaries and ownership

Parent company

Former owners and parents

From Wikidata.1

Timeline

  1. 2012Acquired Acquired by Genesee & Wyoming1
  2. 1989Founded Founded1