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Chicago River & Indiana

Transportation Company - Chicago River & Indiana - Railroad
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Company NameChicago River & Indiana
CategoryRailroad
Final Year of Operation1976
TerminationMerged
Successor/ParentConrail (Details)
CountryUnited States (Details)
Source of TextBluford Shops
Text Credit URLLink
Transportation Company - Chicago River & Indiana - Railroad



Company History: Until 1922, CR&I was an independent terminal line in the Chicago area. That year, New York Central gained control of the CR&I and the Chicago Junction Railroad in order to assure their access to the huge Chicago Stock Yards. CR&I was operated as a quasi-independent subsidiary. By the mid-60s, CR&I operated 158 miles of track with a fleet of 27 switchers. Control of the line passed to Penn Central in 1968. In 1976, CR&I was included in the creation of Conrail.
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 Chicago River & Indiana - Railroad
Item created by: gdm on 2019-05-30 12:45:10. Last edited by Alain LM on 2019-06-18 16:19:50

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