U.S. & Canadian railways - B

- Bad Water Line (BDW); Bonneville, Wyoming

- Ballard Terminal Railroad (BTRC); Seattle, Washington

- Bangor & Aroostook Railroad (BAR) (see Montreal, Maine & Atlantic Railway (MMA); Northern Maine Junction, Maine

- Batten Kill Railroad (BKRR); Greenwich, New York

- Bauxite & Northern Railway (BXN); Bauxite, Arkansas

- Bay Colony Railroad (BCLR); East Wareham, Massachussetts

- The Bay Line Railroad, LLC.; Panama City, Florida

- BC Rail (BCOL-BCIT); North Vancouver, British Columbia

- Beaufort & Morehead Railway (BMH); Beaufort, North Carolina

- Bee Line Railroad (BL); Stewart, Indiana

- Beech Mountain Railroad (BEEM); Alexander, West Virginia

- Belfast & Moosehead Lake Railroad (BML); Belfast, Maine

- Belt Railway of Chicago (BRC); Bedford Park, Illinois

- Belvidere & Delaware River Railway; Milford, New Jersey

- Berlin Mills Railway (BMS); Berlin, New Hampshire

- Bessemer & Lake Erie Railroad (BLE) (Recently bought by Canadian National); Greenville, Pennsylvania

- Birmingham Southern Railroad (BS); Fairfield, Alabama

- Black River & Western (BRW); Ringoes, New Jersey

- Bloomer Line (Bloomer Shippers Connecting Railroad Co.) (BLOL); Gibson, Indiana

- Blue Mountain Railroad (BLMR); Walla Walla, Washington

- Blue Rapids Railway (BLUR); Bestwall, Kansas

- Blue Rock Transportation (BRT); Blue Rock Quarry, Ohio

- Border Pacific Railroad (BOP); Rio Grande City, Texas

- Bradford Industrial Rail (BR); Bradford, Pennsylvania

- Brandon Corporation (BRAN); South Omaha, Nebraska

- Brandywine Valley Railroad (BVRY); Coatesville, Pennsylvania

- Bristol Industrial Terminal Railway (BITY); Bristol, Pennsylvania

- Brownsville & Rio Grande International Railroad (BRG); Brownsville, Texas

- Buckingham Branch Railroad (BB); Dillwyn, Virginia

- Buffalo & Pittsburgh Railroad (BPRR); Punxsutawny, Pennsylvania

- Buffalo Southern Railroad (BSOR); Hamburg, New York

- Burlington Junction Railway (BJRY); Burlington, Iowa

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