[Date Prev][Date Next][Thread Prev][Thread Next][Date Index][Thread Index]
Re: PC: What killed PC?
- Subject: Re: PC: What killed PC?
- From: "Roger P. Hensley" <rhensley@xxxxxxxxxxxxxxxxx>
- Date: Tue, 05 Jan 1999 15:31:45 +0000
> From: KenRJR -AT- webtv.net (Kenneth Roble, Jr.)
> Date: Tue, 5 Jan 1999 15:09:29 -0500 (EST)
> To: penn-central -AT- smellycat.com
> Subject: Re: PC: What killed PC?
> I wish NS and CSX would leave Conrail alone. Don't those roads
> think they're big enough already? They're to money hungery.
> The Conrail heritage is history it seems.
>
> Ken R JR
It all began on a cold winter's day when certain Conrail Execs
attempted to wrest a part of the new Union Pacific in the
Southwest when UP took SP. That didn't work. CR was
profitable, but was standing alone and subject to takeovers
in the future. They decided to attempt a merger with CSX
just like NYC before them had attempted a merger with
C&O. That didn't work back then and PC was born. (See
how sneakily I brought PC into this.)
CR thought that is stood a better chance with CSX rather
than with NS. Now, NS would never stand for that and
CSX was rather cool to having NS on their back, so they agreed
to the merger and promptly made another agreement to let
NS have a large share. Mostly the old PRR properties while
CSX got the old NYC properties making both railroad much
bigger than they were.
Now, in answer to your question, no, I guess that you can
never be too big. At least that's what CSX, NS and UP think.
But their is a bright heritage side to this. The mergers that
should have happened before the forming of PC is happening
now. Only the southern lines are in control rather than the
northern ones.
I'll miss CR, too. <wiping a tear from his eye>
Roger
Roger Hensley
00rphensley -AT- bsuvc.bsu.edu - rhensley@anderson.cioe.com
== http://bsuvc.bsu.edu/~00rphensley/cidwelco.html =========
== Railroads of Madison County (Indiana) ===================
Home |
Main Index |
Thread Index