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Penn Central Transportation Company
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Penn Central Transportation Company

American company
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Quick Summary

The Penn Central Transportation Company was an American railroad formed in 1968 through the merger of the Pennsylvania Railroad Company and the New York Central Railroad Company. It also absorbed the New York, New Haven and Hartford Railroad Company in 1969. The company faced significant management and financial challenges, leading to its bankruptcy in June 1970.12

Passenger services were transferred to the National Railway Passenger Corporation (Amtrak) in 1971. The remaining railroad assets were eventually acquired by Consolidated Rail Corporation (Conrail) in 1976. The Penn Central Corporation continued to exist as a diversified company, separate from the railroad industry.13

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3 Britannica Sources
  1. Pennsylvania Railroad Company
  2. railroad - Railway company mergers
  3. New York, New Haven and Hartford Railroad Company

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