Rapido Trains - 533005A - Covered Hopper, 4-Bay, ACF Flexi Flo - Penn Central - 897800

Model Information: Built between August 1964 and June 1966 the American Car & Foundry (ACF) 3500 cu. ft. covered hopper was an early innovator in pressure differential unloading and a marketing masterclass thanks to the “Flexi Flo” tag coined by the car’s biggest customer, the New York Central railroad.

Road Name History: The Penn Central Transportation Company, commonly abbreviated to Penn Central, was an American Class I railroad headquartered in Philadelphia, Pennsylvania, that operated from 1968 until 1976. It was created by the 1968 merger of the Pennsylvania and New York Central railroads. The New York, New Haven & Hartford Railroad was added to the merger in 1969; by 1970, the company had filed for what was, at that time, the largest bankruptcy in U.S. history.

The Penn Central was created as a response to challenges faced by all three railroads in the late 1960s. The northeastern quarter of the United States, these railroads' service area, was the most densely populated region of the U.S. While railroads elsewhere in North America drew a high percentage of their revenues from the long-distance shipment of commodities such as coal, lumber, paper and iron ore, Northeastern railroads traditionally depended on a mix of services.

As it turned out, the merged Penn Central was little better off than its constituent roads were before. A merger implementation plan was drawn up, but not carried out. Attempts to integrate operations, personnel and equipment were not very successful, due to clashing corporate cultures, incompatible computer systems and union contracts. Track conditions deteriorated (some of these conditions were inherited from the three merged railroads) and trains had to be run at reduced speeds. This meant delayed shipments and personnel working a lot of overtime. As a result, operating costs soared. Derailments and wrecks became frequent, particularly in the midwest.

The American financial system was shocked when after only two years of operations, the Penn Central Transportation company was put into bankruptcy on June 21, 1970. It was the largest corporate bankruptcy in American history at that time. Although the Penn Central Transportation Company was put into bankruptcy, its parent Penn Central Company was able to survive.

The Penn Central continued to operate freight service under bankruptcy court protection. After private-sector reorganization efforts failed, Congress nationalized the Penn Central under the terms of the Railroad Revitalization and Regulatory Reform Act of 1976. The new law folded six northeastern railroads, the Penn Central and five smaller, failed lines, into the Consolidated Rail Corporation, commonly known as Conrail. The act took effect on April 1, 1976.

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Brand/Importer Information: Rapido Trains Inc. is a high-end manufacturer of model trains and accessories in HO, OO and N (North American 1:160 and British 1:148) scales. The firm's mission is to recreate the entire rail travel experience, from fully-detailed interiors and under-frames on models to fully-wired telephone poles for model railroads.

The name RAPIDO was introduced by Canadian National in 1965 to headline the railway's high-speed intercity passenger services. Until the mid-1980s, RAPIDO stood for fast schedules, frequent trains, and superb service.

Today, Rapido Trains continues the RAPIDO concept with state-of-the-art models and attention to fine detail. This company is not related to the venerable (and now defunct) German manufacturer Arnold Rapido, nor the present-day Arnold (which is owned by the United Kingdom's Hornby), Canadian based Rapido Trains was founded in 2003.