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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 (the Pennsylvania, New York Central and the New York, New Haven and Hartford railroads), all united by large-scale service into the New York metropolitan area and (to a lesser extent) New ...
Its only formidable rival was the New York Central Railroad (NYC), which carried around three-quarters of the Pennsy's ton-miles. In 1968, the Pennsylvania Railroad merged with New York Central and the railroad eventually went by the name of Penn Central Transportation Company, or "Penn Central" for short.
Alfred E. Perlman and Stuart W. Saunders were Penn Central's first executives, and quickly became enemies. The Penn Central Company came into existence on February 1, 1968, with the Pennsylvania Railroad absorbing the New York Central and adopting the new name, which was subsequently changed to the Penn Central Transportation Company on October 1, 1969. [1]
The Pennsylvania was merged with the New York Central Railroad in 1968 and became Penn Central. In 1976, Penn Central went bankrupt, along with several other railroads, and was combined into Conrail. In 1986, the line was acquired from Conrail by the Oil Creek Railway Historical Society, with the first tourist trains running on July 18; freight ...
Penn Central Railroad Conrail New Jersey Department of Transportation SEPTA: Specifications; Car body construction: carbon steel: Car length: 64 ft 5 + 3 ⁄ 4 in (19.653 m) Width: 9 ft 11 + 1 ⁄ 2 in (3.035 m) Height: 14 ft 6 in (4.42 m) [citation needed] Floor height: 4 ft 0 in (1.22 m) Doors: 2, end vestibule: Maximum speed: 65 miles per ...
The depot was acquired by the New York Central Railroad in 1918, Penn Central in 1968 and Amtrak in 1970. The depot was listed on the National Register of Historic Places in 1971 and is now Clara's on the River Restaurant.
In 1969, its rail assets were merged with the Penn Central system, [2] formed a year earlier by the merger of the New York Central Railroad and Pennsylvania Railroad. Already a poorly conceived merger, Penn Central went bankrupt in 1970, becoming the largest U.S. bankruptcy until the Enron Corporation superseded it in 2001.
The Metroliners were extra-fare high-speed trains between Washington, D.C., and New York City which operated from 1969 to 2006. They were briefly first operated by Penn Central Transportation (successor to the Pennsylvania Railroad, which originally ordered the equipment), then by Amtrak for 35 years.