Conrail, formally the Consolidated Rail Corporation, was the primary Class I railroad in the Northeastern United States between 1976 and 1999. The trade name Conrail is a portmanteau based on the company's legal name. It continues to do business as an asset management and network services provider in three Shared Assets Areas that were excluded from the division of its operations during its acquisition by CSX Corporation and the Norfolk Southern Railway.
CR 6256 and 6469 at former Erie Yard in Gang Mills, New York on October 4, 1987.
The 1975 Final System Plan left major parts of the Erie Lackawanna Railway and Reading Company out of Conrail
Conrail transfer caboose 18065 brings up the rear of a local freight passing Porter, Indiana, in the early 1990s
Conrail Shared Assets is jointly owned by CSX and NS, and uses locomotives from both companies
The Penn Central Transportation Company, commonly abbreviated to Penn Central, was an American class I railroad that operated from 1968 to 1976. Penn Central combined three traditional corporate rivals, all united by large-scale service into the New York metropolitan area and New England and Chicago. The new company failed barely two years after formation, the largest bankruptcy in U.S. history at the time. The Penn Central's railroad assets were nationalized into Conrail along with the other bankrupt northeastern roads; its real estate and insurance holdings successfully reorganized into American Premier Underwriters.
PC locomotives #4801 and #4800, both former-PRR GG1s, haul freight through North Elizabeth, New Jersey, in December 1975.
PC locomotive #4312, an EMD E8, at Bay Head yard, Bay Head, New Jersey, April 18, 1971.
PC pre-bankruptcy stock certificate, 1969.
PC post-bankruptcy stock certificate, 1974.