Penn Central Transportation Company

E9233

Penn Central Transportation Company was a major American railroad formed in 1968 by the merger of the Pennsylvania Railroad and the New York Central Railroad, later becoming infamous for its massive bankruptcy.

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All labels observed (4)

Statements (49)

Predicate Object
instanceOf defunct company
railroad company
acquired New York, New Haven and Hartford Railroad
acquisitionCompleted 1969
alsoKnownAs Penn Central Transportation Company
surface form: Penn Central
causeOfFailure decline in Northeastern U.S. rail traffic
deferred maintenance of infrastructure
inadequate regulation of merger
incompatible corporate cultures of predecessor railroads
mismanagement
poor financial controls
ceasedRailOperations 1976
country United States of America
surface form: United States
dateOfBankruptcyFiling 1970
fate non-rail assets reorganized as a holding company
rail assets conveyed to Conrail
formedByMergerOf New York Central Railroad
Pennsylvania Railroad Company
surface form: Pennsylvania Railroad
headquartersLocation Philadelphia
surface form: Philadelphia, Pennsylvania
historicalSignificance catalyst for U.S. railroad deregulation reforms
catalyst for creation of Conrail
inception 1968
industry rail transportation
legalForm corporation
notableFor largest corporate bankruptcy in U.S. history at the time
operated commuter rail services
freight rail network
intercity passenger trains
operatedIn Illinois
Indiana
Michigan (most of state)
surface form: Michigan

Mid-Atlantic states
Midwestern United States
New England
New England
surface form: New England states

New Jersey, United States
surface form: New Jersey

New York
surface form: New York (state)

Northeastern United States
Ohio
Pennsylvania
parentCompanyAfterReorganization Penn Central Transportation Company self-linksurface differs
surface form: Penn Central Company
precededBy New York Central Railroad
Pennsylvania Railroad Company
surface form: Pennsylvania Railroad
regulatorInvolved Surface Transportation Board
surface form: Interstate Commerce Commission

United States government
surface form: U.S. federal government
successor Conrail
Penn Central Transportation Company self-linksurface differs
surface form: Penn Central Company
transported freight
passengers

Referenced by (76)

Full triples — surface form annotated when it differs from this entity's canonical label.

Pennsylvania Railroad Company mergedInto Penn Central Transportation Company
PRR mergedInto Penn Central Transportation Company
subject surface form: Pennsylvania Railroad
PRR successor Penn Central Transportation Company
subject surface form: Pennsylvania Railroad
this entity surface form: Penn Central
Broadway Limited operatedBy Penn Central Transportation Company
this entity surface form: Penn Central (briefly, pre-Amtrak)
GG1 electric locomotive operator Penn Central Transportation Company
Pennsylvania Station (Baltimore) formerOwner Penn Central Transportation Company
Penn Central Transportation Company alsoKnownAs Penn Central Transportation Company
this entity surface form: Penn Central
Penn Central Transportation Company successor Penn Central Transportation Company self-linksurface differs
this entity surface form: Penn Central Company
Penn Central Transportation Company parentCompanyAfterReorganization Penn Central Transportation Company self-linksurface differs
this entity surface form: Penn Central Company
Pittsburgh, Cincinnati, Chicago and St. Louis Railroad becamePartOf Penn Central Transportation Company
Northern Central Railway successor Penn Central Transportation Company
Amtrak Empire Corridor historicalOperator Penn Central Transportation Company
Philadelphia, Wilmington and Baltimore Railroad successor Penn Central Transportation Company
Water Level Route successorOperator Penn Central Transportation Company
Conrail precededBy Penn Central Transportation Company
New York Central Railroad successor Penn Central Transportation Company
Class I freight railroads in the United States historicallyIncluded Penn Central Transportation Company
Princeton Branch historicalOperator Penn Central Transportation Company
PCC&StL successor Penn Central Transportation Company
East River tunnels ownedPreviouslyBy Penn Central Transportation Company
subject surface form: East River Tunnels
White Plains station formerOperator Penn Central Transportation Company
New York, New Haven and Hartford Railroad successor Penn Central Transportation Company
New York, New Haven and Hartford Railroad mergedInto Penn Central Transportation Company
Harlem Line historicalOperator Penn Central Transportation Company
Elwyn station formerOwner Penn Central Transportation Company
Poughkeepsie Railroad Bridge laterOwner Penn Central Transportation Company
New York Central Railroad main line successorOperator Penn Central Transportation Company
Danbury Branch historicalOperator Penn Central Transportation Company
Consolidated Rail Corporation tookOverOperationsOf Penn Central Transportation Company
Waterbury Branch historicalOperator Penn Central Transportation Company
United States Railway Association appliesToJurisdiction Penn Central Transportation Company
CR formedFrom Penn Central Transportation Company
subject surface form: Conrail
New Haven–Springfield Line historicalOperator Penn Central Transportation Company
Hyde Park Railroad Station formerOperator Penn Central Transportation Company
New Canaan Branch historicalOperator Penn Central Transportation Company
Clocker (portion of service heritage) operatedOnRailroad Penn Central Transportation Company
Clocker (portion of service heritage) operatedBy Penn Central Transportation Company
this entity surface form: Penn Central
New Haven Line successorOperator Penn Central Transportation Company
Downingtown Station formerOwner Penn Central Transportation Company
Tarrytown station formerOperator Penn Central Transportation Company
Carpenter station formerOperator Penn Central Transportation Company
Odenton station formerOperator Penn Central Transportation Company
Franklin Line historicalOperator Penn Central Transportation Company
Floridian (train) trackOwner Penn Central Transportation Company
Danbury Branch (Metro-North Railroad) historicalOperator Penn Central Transportation Company
Chestnut Hill West station formerOwner Penn Central Transportation Company
Lancaster Station formerOperator Penn Central Transportation Company
Metro-North Railroad New Canaan Branch laterOperator Penn Central Transportation Company
Brewster station formerOperator Penn Central Transportation Company
Brewster train station formerOperator Penn Central Transportation Company