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Re: PC: What killed PC?



Penn Central, I am not sure if you are aware of, helped to sink the Erie
Lackawanna by destroying the Maybrook connection by diversion of traffic or
drastic slowdowns, where a box car off the Erie Lackawanna, say Tuesday
morning, instead of being in Boston that same evening, would take at least a
week to get there. Since the EL was in much better shape than PC, the
management of PC saw Erie Lackawanna as a competitive threat that had to be
neutralized and they could not have done a better job. Much of Conrail's early
management was made up of Penn Central people which is why the Erie Lackawanna
got butchered as much as it did. They were afraid the EL would give shippers
superior service to what PC was able to do and so went all out to destroy the
EL/

Jim Mancuso


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