List of railroad bankruptcies in North America

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Contents

1870s

1910s

1920s

1930s

1940s

1950s

1960s

1970s

1980s

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<span class="mw-page-title-main">Penn Central Transportation Company</span> American class I railroad company in operation from 1968 to 1976

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 heavy 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.

<span class="mw-page-title-main">Erie Lackawanna Railway</span> Transport company

The Erie Lackawanna Railway, known as the Erie Lackawanna Railroad until 1968, was formed from the 1960 merger of the Erie Railroad and the Delaware, Lackawanna & Western Railroad. The official motto of the line was "The Friendly Service Route".

The Lehigh Valley Railroad was a railroad built in the Northeastern United States to haul anthracite coal from the Coal Region in Pennsylvania. The railroad was authorized on April 21, 1846 for freight and transportation of passengers, goods, wares, merchandise and minerals in Pennsylvania and the railroad was incorporated and established on September 20, 1847 as the Delaware, Lehigh, Schuylkill and Susquehanna Railroad Company. On January 7, 1853, the railroad's name was changed to Lehigh Valley Railroad. It was sometimes known as the Route of the Black Diamond, named after the anthracite it transported. At the time, anthracite was transported by boat down the Lehigh River. The railroad ended operations in 1976 and merged into Conrail along with several northeastern railroads that same year.

<span class="mw-page-title-main">Conrail</span> Former American Class I railroad (1976–1999)

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.

<span class="mw-page-title-main">Delaware and Hudson Railway</span> Railroad in the northeastern United States

The Delaware and Hudson Railway (D&H) is a railroad that operates in the Northeastern United States. In 1991, after more than 150 years as an independent railroad, the D&H was purchased by the Canadian Pacific Railway (CP). CP operates D&H under its subsidiary Soo Line Corporation which also operates Soo Line Railroad.

The following railroads have been named Union Railroad or Union Railway, usually because they connected or merged several other railroads.

<span class="mw-page-title-main">Car float</span> Unpowered barge with railroad tracks mounted on its deck

A railroad car float or rail barge is a specialised form of lighter with railway tracks mounted on its deck used to move rolling stock across water obstacles, or to locations they could not otherwise go. An unpowered barge, it is towed by a tugboat or pushed by a towboat.

The Lehigh & New England Railroad was a Class I railroad located in Northeastern United States that acted as a bridge line. It was the second notable U.S. railroad to file for abandonment in its entirety after New York, Ontario and Western Railway.

<span class="mw-page-title-main">Pennsylvania Company</span>

The Pennsylvania Company, later known publicly as the Pennsylvania Lines was a major holding company. It included the Pittsburgh, Fort Wayne and Chicago Railway, the PRR's main route to Chicago. It also owned but did not operate the Pittsburgh, Cincinnati, Chicago and St. Louis Railroad, another line to Chicago. It merged back into the Pennsylvania Railroad in 1918.

In addition to streetcar lines, the Van Sweringen Brothers of Cleveland, Ohio owned a vast network of steam railroads.

The following is a brief history of the North American rail system, mainly through major changes to Class I railroads, the largest class by operating revenue.

The following is a brief history of the North American rail system, mainly through major changes to Class I railroads, the largest class by operating revenue.

The following is a brief history of the North American rail system, mainly through major changes to Class I railroads, the largest class by operating revenue.

<span class="mw-page-title-main">Grant Locomotive Works</span>

Grant Locomotive Works was a manufacturer of steam railway locomotives from 1867 to 1895, first in Paterson, New Jersey, and then in Chicago. The company built about 1,888 locomotives.

Allen J. Greenough was the 14th and last president of the Pennsylvania Railroad.

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