THE LONG HAUL - Consolidated Rail Corp. (Conrail), formed by …


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Special to The Vindicator | published: March 29, 2018

THE LONG HAUL - Consolidated Rail Corp. (Conrail), formed by the government from the old Penn Central and five other bankrupt carries, recorded a record profit of $97.2 million in the second quarter, after posting similar black ink in all of 1982 and 1981. A key factor in boosting Conrail and the rail industry's resurgence is the continuing growth of so-called "piggyback" travel, under which railroad flatcars carry already-packed containers. Aug. 14-83..ON THE (RAIL)ROAD AGAIN - Perhaps a sign of an economic turnaround, a long line of loaded Conrail Trailvans head west past Leetonia, which can be seen in the background...Photo taken April 4, 1983...Photo by Edward A. Shuba - The Vindicator.