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 rival
Penn Central (PC) SD45 No. 6133 at Horseshoe Curve in Blair County, Pennsylvania, on September 13, 1970, three months after PC filed for bankruptcy
PC locomotive #4312, an EMD E8, at Bay Head yard, Bay Head, New Jersey, April 18, 1971.
PC pre-bankruptcy stock certificate, 1969.
Main Concourse of Grand Central Terminal. The terminal was owned by Penn Central and its corporate successor until purchased by the MTA in 2018.
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 comp
Penn Central Transportation Company
…new company failed, representing the largest bankruptcy in U.S. history at the time. Penn Central's railroad assets were subsequently nationalized into Conrail along with those of other bankrupt northeastern railroads; its real estate and insurance holdings successfully reorganized into American Premier…
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