Falling weight deflectometer (FWD) testing was conducted along with embankment and subgrade sampling over 210 km (130 miles) of Canadian National Railway’s Lac La Biche Subdivision, which runs between Edmonton and Fort McMurray, as a part of a larger investigation of the line for increased axle loads. The resulting measurements were evaluated for their ability to identify soft subgrades. Two analyses were conducted to this end. First, the statistical distribution of peak deflections recorded by the FWD was investigated for different types of subgrade material. Second, the properties of track substructure were studied by characterizing the deflection time histories using a dynamic model of a single mass on a viscoelastic foundation and least-squares curve fitting. Four characteristic types of deflection time histories were identified for differing substructure conditions. Simplified dynamic modelling of railway track substructure showed that where relatively thick embankment exists over subgrade, the response of track is overdamped behavior.