Penn Central Company Penn Central was created February 1, 1968 by merger of Pennsylvania and New York Central. Entered bankruptcy on June 21, 1970. Because of PC’s failure and its size, the federal government created Conrail, to which PC was conveyed on April 1, 1976. Pennsylvania Railroad Pennsylvania Railroad chartered April 13, 1846; by 1852, […]
Canadian National Canadian National Railways was incorporated June 6, 1919, to operate several carriers that had come under governmental control owing to financial problems: Intercolonial (1913); National Transcontinental (1915); Canadian Northern (1918); Grand Trunk Pacific (1920); and Grand Trunk (1920). The Grand Trunk name survived on the U.S. portion of the Montreal-Portland (Maine) line until […]
Lehigh & Hudson River Railway Warwick Valley opened in 1862 as 6-foot-gauge line, standard-gauged in 1880. It was extended southwest as Lehigh & Hudson River, a name adopted for both lines in 1882. L&HR filed for bankruptcy on April 18, 1872, and was among the properties conveyed to Conrail on April 1, 1976. Lehigh & […]
Delaware & Hudson Railway Delaware & Hudson, calling itself the longest-lived transportation company in the U.S., dates to an 1823 charter of the Delaware & Hudson Canal Co. “The D&H” operated the first steam locomotive on rail in the U.S., the Stourbridge Lion, in 1829. Amid modern Northeastern U.S. railroad uncertainty, D&H came under Norfolk […]
Tennessee Central Railway Tennessee & Pacific dates from 1871. By 1900 one of several “Tennessee Centrals” ran east to Emory Gap; western extension reached Hopkinsville, Ky., in 1904. During receivership 1904-1913, TC, divided at Nashville, was controlled by Illinois Central and Southern. After years of unprofitability, TC was split in May 1968 among IC (west […]
Akron, Canton & Youngstown Railway Akron, Canton & Youngstown incorporated in 1907, completed its line in 1913. Purchased by N&W at time of Nickel Plate merger in October 1964. Dissolved by N&W successor Norfolk Southern Corp. on January 1, 1982. Trackage included in May 17, 1990, sale to new regional Wheeling & Lake Erie. Alabama, […]
BNSF Railway Company Burlington Northern Santa Fe Corp. created on September 22, 1995, when BN bought AT&SF’s corporate Parent. Atchison, Topeka & Santa Fe Railway merged into Burlington Northern Railroad on December 31, 1996, and BN renamed Burlington Northern & Santa Fe Railway. Name shortened to BNSF Railway Company in 2005. Atchison, Topeka & Santa […]
Conrail (Consolidated Rail Corporation) After the failure of Penn Central in 1970, the government formed the United States Railway Association in 1973 to develop a plan to save railroading in the Northeast. The result: Consolidated Rail Corp., which on April 1, 1976, took over the properties of PC and six smaller roads. On August 22, […]
CSX Transportation CSX Corporation was formed on November 1, 1980. Subsidiary CSX Transportation absorbed Seaboard System Railroad on July 1, 1986, and Chesapeake & Ohio, the only corporate survivor of the Chessie System Railroads, on August 31, 1987. Conrail (Consolidated Rail Corporation) After the failure of Penn Central in 1970, the government formed the United […]
Norfolk Southern Corp. was created as a new holding company to acquire Norfolk & Western Railway and Southern Railway, effected June 1, 1982. Full merger went into effect on Dec. 31, 1990, as the N&W became a subsidiary of the Southern, and the latter changed its name to Norfolk Southern Railway. Here, from both the […]
The Union Pacific Railroad is the last major U.S. rail system whose name has never changed, dating from its charter in 1862 to build the nation’s first transcontinental, westward from Omaha, Neb.. Also notable for their longevity are the railroad’s shield-shaped emblem from 1886, and yellow color scheme on its passenger cars and locomotives from […]
It was on March 5, 1850, that the Kentucky legislature approved a charter for the Louisville & Nashville Railroad Company. The first through train operated between L&N’s namesake end points in 1859. Had it not been for dynamic leadership, vision, money, and some luck, the L&N might not have matured beyond this original route and […]
