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Central Railroad of New Jersey

Transportation Company - Central Railroad of New Jersey - Railroad
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Company NameCentral Railroad of New Jersey
Alias forJersey Central (Details)
CategoryRailroad
Year Founded1839
Final Year of Operation1976
TerminationMerged
Successor/ParentConrail (Details)
CountryUnited States (Details)
Source of TextWikipedia
Text Credit URLLink
Transportation Company - Central Railroad of New Jersey - Railroad



Company History: Central Railroad of New Jersey is more commonly known as Jersey Central' and is listed in the database as such.
Successor/Parent History:
The Consolidated Rail Corporation, commonly known as Conrail (reporting mark CR), was the primary Class I railroad in the Northeast U.S. between 1976 and 1999. Conrail is a portmanteau of "consolidated" and "rail" from the name of the company.

The U.S. federal government created Conrail to take over the potentially profitable lines of multiple bankrupt carriers, including the Penn Central Transportation Company and Erie Lackawanna Railway. With the benefit of industry-wide regulatory requirements being reduced (via the 4R Act and the Staggers Act), Conrail began to turn a profit in the 1980s and was turned over to private investors in 1987. The two remaining Class I railroads in the East, CSX Transportation and the Norfolk Southern Railway (NS), agreed in 1997 to split the system approximately equally, returning rail freight competition to the Northeast by essentially undoing the 1968 merger of the Pennsylvania Railroad and New York Central Railroad that created Penn Central. Following Surface Transportation Board approval, CSX and NS took control in August 1998, and on June 1, 1999, began operating their portions of Conrail.
Brief History:
The U.S. is a country of 50 states covering a vast swath of North America, with Alaska in the northwest and Hawaii extending the nation’s presence into the Pacific Ocean. Major Atlantic Coast cities are New York, a global finance and culture center, and capital Washington, DC. Midwestern metropolis Chicago is known for influential architecture and on the west coast, Los Angeles' Hollywood is famed for filmmaking.

Item Links: We found: 1 different collections associated with Central Railroad of New Jersey - Railroad
Item created by: CNW400 on 2019-02-19 13:01:54. Last edited by gdm on 2023-10-30 08:14:02

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