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The Pennsylvania Railroad (reporting mark PRR), legal name The Pennsylvania Railroad Company, also known as the "Pennsy", was an American Class I railroad that was established in 1846 and headquartered in Philadelphia, Pennsylvania. At its peak in 1882, the Pennsylvania Railroad was the largest railroad (by traffic and revenue), the largest ...
John Edgar Thomson (February 10, 1808 – May 27, 1874) was an American civil engineer and industrialist. An entrepreneur best known for his leadership of the Pennsylvania Railroad (PRR) from 1852 until his death in 1874, Thomson made it the largest business enterprise in the world and a world-class model for technological and managerial innovation.
Symes joined the Pennsylvania Railroad as a clerk in 1916. One of the earliest—and largest railroads in the United States—the Pennsylvania began styling itself the "Standard Railroad of the World" the same year James Symes went to work for the company. One of the largest railroads, it was also one of the largest business concerns in the U.S.
The Pennsylvania Company was a major holding company.It included the Pittsburgh, Fort Wayne and Chicago Railway, the PRR's main route to Chicago.Together with the Pittsburgh, Cincinnati, Chicago and St. Louis Railroad and Vandalia Railroad, the three railroads were branded by the PRR as Pennsylvania Lines West of Pittsburgh.
[30] [31] A few years later, he received a few shares in Theodore Tuttle Woodruff's sleeping car company as a reward for holding shares that Woodruff had given to Scott and Thomson, as a payoff. Reinvesting his returns in such inside investments in railroad-related industries (iron, bridges, and rails ), Carnegie slowly accumulated capital, the ...
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 ...
American railroad company Penn Central Transportation Company declared bankruptcy on June 21, 1970, two and a half years after its formation by the merger of the New York Central Railroad and the Pennsylvania Railroad. At the time, this was the largest bankruptcy in American history. [1]
Share of the Ohio and Pennsylvania Railroad Company, issued 24. August 1855. The Ohio and Pennsylvania Railroad was chartered in Ohio on February 24 and in Pennsylvania on April 11, 1848, to build from Allegheny City (annexed by Pittsburgh in 1907) west to Crestline, Ohio, on the Cleveland, Columbus and Cincinnati Railroad.