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
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
dateOfBankruptcyFiling 1970
fate non-rail assets reorganized as a holding company
rail assets conveyed to Conrail
formedByMergerOf New York Central Railroad
Pennsylvania Railroad
headquartersLocation Philadelphia, Pennsylvania
linked to: Philadelphia
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
Mid-Atlantic states
Midwestern United States
New England
New England states
linked to: New England

New Jersey
New York (state)
linked to: New York

Northeastern United States
Ohio
Pennsylvania
parentCompanyAfterReorganization Penn Central Company
precededBy New York Central Railroad
Pennsylvania Railroad
regulatorInvolved Interstate Commerce Commission
U.S. federal government
successor Conrail
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.

Pennsylvania Railroad Company mergedInto Penn Central Transportation Company
Pennsylvania Railroad mergedInto Penn Central Transportation Company
subject linked to: PRR
Pennsylvania Railroad successor Penn Central
subject linked to: PRR
linked to: Penn Central Transportation Company
Broadway Limited operatedBy Penn Central (briefly, pre-Amtrak)
linked to: Penn Central Transportation Company
GG1 electric locomotive operator Penn Central Transportation Company
Pennsylvania Station (Baltimore) formerOwner Penn Central Transportation Company
Penn Central Transportation Company alsoKnownAs Penn Central
linked to: Penn Central Transportation Company
Penn Central Transportation Company successor Penn Central Company
linked to: Penn Central Transportation Company
Penn Central Transportation Company parentCompanyAfterReorganization Penn Central Company
linked to: Penn Central Transportation 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 linked to: 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
Conrail formedFrom Penn Central Transportation Company
subject linked to: CR
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
linked to: Penn Central Transportation Company
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