Road Name History: Let’s get a couple of quick clarifications out of the way first. Reading rhymes with bedding and is not “reading” a book. Second, the only “Reading Railroad” is on the Monopoly game board. Its actual name was “Reading Company” with “Reading Lines” used on logos and advertising.
The Reading Company, usually called the Reading Railroad as was enshrined by the Monopoly board game, and boasting a predecessor company officially founded under the name the Philadelphia and Reading Railway Company, operated in southeast Pennsylvania and neighboring states from 1833 through 1976. Until the decline in anthracite loadings in the Coal Region after World War II, it was one of the most prosperous corporations in the United States.
Reduced coal traffic coupled with highway competition and short hauls forced it into bankruptcy in the 1970s. The railroad was merged into Conrail in 1976, but the corporation lasted into 2000, disposing of real estate holdings.
The Reading Company, usually called the Reading Railroad as was enshrined by the Monopoly board game, and boasting a predecessor company officially founded under the name the Philadelphia and Reading Railway Company, operated in southeast Pennsylvania and neighboring states from 1833 through 1976. Until the decline in anthracite loadings in the Coal Region after World War II, it was one of the most prosperous corporations in the United States.
Reduced coal traffic coupled with highway competition and short hauls forced it into bankruptcy in the 1970s. The railroad was merged into Conrail in 1976, but the corporation lasted into 2000, disposing of real estate holdings.
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Item created by: CNW400 on 2024-06-01 09:50:30
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