Erie Lackawanna Railway

The Erie Lackawanna Railroad ( EL) was an American railway company. The company was located in Cleveland (Ohio ). They operated a network of approximately 5,000 kilometers north of the United States between Chicago, Cleveland, Buffalo and New York City.

It was created on 17 October 1960, the merger of the Erie Railroad with the Delaware, Lackawanna and Western Railroad. Both companies are registered at that same time losses. This continued in the following years, except in 1965 and 1966, continued.

One of the first measures was to reduce the movement of persons. Most long-distance trains have been reduced in the 1960s. 1970 drove the last train on the route Chicago - Hoboken. Only the local transport services between Cleveland and Youngstown are made ( to 1977 ) and remained in New Jersey. From 1967, the State of New Jersey began to subsidize the transport. It could therefore be bought new cars and locomotives.

In the early 1960s began to emerge on a wave of mergers on the railways of the North East. Therefore, the Erie Lackwanna tried to be integrated into a cited by the Norfolk and Western Railway Company. As a precursor to a planned merger between the Norfolk & Western Railway and the Chesapeake and Ohio Railway, the holding DERECO was founded. Although the fusion burst DERECO was founded as Norfolk & Western subsidiary and in 1968 took over the ownership of the Erie Lackawanna. As part of this acquisition, the name changed in Erie Lackawanna Railway.

On June 22, 1972 was caused by Hurricane Agnes considerable destruction to the railway facilities. The level of damage was approximately $ 9.2 million, which resulted in the Erie Lackawanna had to file bankruptcy on June 26, 1972. The original plan, the Erie Lackawanna to integrate into the Chessie System was abandoned. Therefore With the establishment of the Conrail on April 1, 1976, the acquisition of the Erie Lackwanna. Most stretches of the Erie Lackawanna were shut down in the aftermath of the Conrail or sold to short lines. The routes needed for the transportation in New Jersey were acquired by NJ Transit.

Subsidiaries, investments

  • Akron and Barberton Belt Railroad (ABB ) - 25 percent
  • Buffalo Creek Railroad ( BCK ) - 50 percent (along with Lehigh Valley Railroad )
  • Chicago and Western Indiana Railroad (CWI) - 20 percent
  • Lackawanna and Wyoming Valley Railroad ( LWV ) - 86 percent
  • New Jersey and New York Railroad ( NJNY ) - 84 percent
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