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The Penn Central Transportation Company, commonly abbreviated to Penn Central, was an American class I railroad that operated from 1968 to 1976. Penn Central combined three traditional corporate rivals (the Pennsylvania, New York Central and the New York, New Haven and Hartford railroads), all united by large-scale service into the New York metropolitan area and (to a lesser extent) New ...
The West Side Yard, between Penn Station and the Hudson River, as it appeared before the Hudson Yards real estate development project broke ground in 2012.. The West Side Yard (officially the John D. Caemmerer West Side Yard) is a rail yard of 30 tracks owned by the Metropolitan Transportation Authority on the west side of Manhattan in New York City.
The New York Central Railroad was merged into Penn Central in 1968. In 1976, the combined Penn Central, following a bankruptcy and then a merger, became the largest part of Conrail. Conrail continued to operate freight along the West Side Line until 1980. Donald Trump optioned the 60th Street Yard in 1974. [8]
The rival New York Central Railroad's line ran down Manhattan from the north under Park Avenue and terminated at Grand Central Depot (later replaced by Grand Central Terminal) at 42nd Street. [15] Many proposals for a cross-Hudson connection were advanced in the late 19th century, but financial panics in the 1870s and 1890s scared off potential ...
In 1968, the Pennsylvania Railroad merged with New York Central and the railroad eventually went by the name of Penn Central Transportation Company, or "Penn Central" for short. The former competitors' networks integrated poorly with each other, and the railroad filed for bankruptcy within two years. [4]: Chapter 1
Penn Central was required to absorb the New Haven in 1969 as a condition of the merger, which brought the entire Washington–Boston corridor under the control of one company. [citation needed] On September 21, 1970 all New York–Boston trains except the Turboservice were rerouted into Penn Station from Grand Central; [citation needed] the ...
The Metroliners were extra-fare high-speed trains between Washington, D.C., and New York City which operated from 1969 to 2006. They were briefly first operated by Penn Central Transportation (successor to the Pennsylvania Railroad, which originally ordered the equipment), then by Amtrak for 35 years.
The plan was unveiled on July 26, 1975, consisting of lines from Penn Central and six other companies—the Ann Arbor Railroad (bankrupt 1973), Erie Lackawanna Railway (1972), Lehigh Valley Railroad (1970), Reading Company (1971), Central Railroad of New Jersey (1967) and Lehigh and Hudson River Railway (1972).