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Pullman began building its standardized freight car designs with the PS-1 boxcar in 1947. Next up would be a standard covered hopper – hence PS-2 – shortly thereafter. Although covered hoppers are among the most common cars on the rails today, in 1947 they were a rarity. The PS-2’s primary competition wasn’t other covered hopper designs but boxcars. Grain, cement, sand and dried chemicals were carried mostly in boxcars prior to the 1950s either in sacks and bags or poured in bulk through hatches in the roof. The theory here was that it made more sense to utilize a single car for a variety of products. The car could carry bags of cement one way and then cut lumber the other. Of course a car that could do many things often couldn’t do many of them well.
The PRR was the largest railroad by traffic and revenue in the U.S. for the first half of the twentieth century. Over the years, it acquired, merged with or owned part of at least 800 other rail lines and companies. At the end of 1925, it operated 10,515 miles of rail line; in the 1920s, it carried nearly three times the traffic as other railroads of comparable length, such as the Union Pacific or Atchison, Topeka & Santa Fe railroads. Its only formidable rival was the New York Central (NYC), which carried around three-quarters of PRR's ton-miles.
At one time, the PRR was the largest publicly traded corporation in the world, with a budget larger than that of the U.S. government and a workforce of about 250,000 people. The corporation still holds the record for the longest continuous dividend history: it paid out annual dividends to shareholders for more than 100 years in a row.
In 1968, PRR merged with rival NYC to form the Penn Central Transportation Company, which filed for bankruptcy within two years. The viable parts were transferred in 1976 to Conrail, which was itself broken up in 1999, with 58 percent of the system going to the Norfolk Southern Railway (NS), including nearly all of the former PRR. Amtrak received the electrified segment east of Harrisburg.
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Micro-Trains Line Co. split off from Kadee in 1990 to form a completely independent company. For this reason, products from this company can appear with labels from both enterprises. Due to the nature of production idiosyncrasies and various random factors, the rolling stock from Micro-Trains can have all sorts of interesting variations in both their packaging as well as the products themselves. When acquiring an MTL product it is very important to understand these important production variations that can greatly enhance (or decrease) the value of your purchase.
Item created by: gdm on 2018-04-05 16:38:11
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