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.

All labels observed (4)

How this entity was disambiguated

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

How these facts were elicited

Referenced by (76)

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

Yonkers station formerOperator Penn Central Transportation Company
New Haven Line at Grand Central Terminal historicalPredecessor Penn Central Transportation Company
Poughkeepsie station formerOwner Penn Central Transportation Company
The Dinky formerOwner Penn Central Transportation Company
Pawling station formerOperator Penn Central Transportation Company
Mohawk Subdivision formerOwner Penn Central Transportation Company
New York Connecting Railroad historicalOwner Penn Central Transportation Company
Riverdale station formerOperator Penn Central Transportation Company
Tuckahoe station formerOperator Penn Central Transportation Company
Rome Amtrak station formerOperator Penn Central Transportation Company
Port Chester station formerOperator Penn Central Transportation Company
Pelham station formerOperator Penn Central Transportation Company
Bronxville station formerOwner Penn Central Transportation Company
Metuchen station formerOperator Penn Central Transportation Company
Larchmont station formerOperator Penn Central Transportation Company
Mount Vernon West station formerOwner Penn Central Transportation Company
Chappaqua station formerOperator Penn Central Transportation Company
Crestwood station formerOperator Penn Central Transportation Company
Pennsylvania Railroad freight cars successorOperator Penn Central Transportation Company
Croton Falls station formerOperator Penn Central Transportation Company
Michigan Line historicalOwner Penn Central Transportation Company
Michigan Executive (related predecessor service) operatedBy Penn Central Transportation Company
subject surface form: Michigan Executive
Michigan Executive (related predecessor service) usedRailInfrastructureOf Penn Central Transportation Company
subject surface form: Michigan Executive
this entity surface form: Penn Central
Dobbs Ferry station formerOperator Penn Central Transportation Company
Harrison station (Metro-North) formerOperator Penn Central Transportation Company