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Delaware and Hudson (CP) sale to NS reminds me of DERECO Holdings in the 1960s-1970s

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  • Member since
    December 2014
  • 294 posts
Posted by trackrat888 on Wednesday, January 14, 2015 1:56 PM

I am somewhat familer with DERECO and there are pictures of thru Erie-Laccawanna Trains on D&H Track in Albany, NY. How much actualy affected opertions as N&W was taking D&H and the Erie out on "dates" has been noted by Jim Shaughnessy in his books and the D&H in Color. see-http://www.amazon.com/Delaware-Hudson-Color-Vol-1/dp/1878887106

 

 

  • Member since
    March 2016
  • From: Burbank IL (near Clearing)
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Posted by CSSHEGEWISCH on Wednesday, January 14, 2015 6:48 AM

N&W had an interest in both Erie Lackawanna and Delaware & Hudson, using Dereco as an intermediary to keep EL and D&H from bleeding red ink on N&W's balance sheet.  EL, D&H and B&M were viewed as the next likely acquisitions for N&W after absorbing NKP, Wabash and P&WV in 1964.  All of them were in poor financial shape and Dereco was a way of keeping them at arm's length.  All of this went out the window with the Penn Central and other bankruptcies.

The daily commute is part of everyday life but I get two rides a day out of it. Paul
  • Member since
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Delaware and Hudson (CP) sale to NS reminds me of DERECO Holdings in the 1960s-1970s
Posted by trackrat888 on Tuesday, January 13, 2015 2:14 PM

http://www.railroad.net/forums/viewtopic.php?t=47351&f=156The D&H S end will be sold to the Norfolk and Southern which will connect the Southern Tier line (Erie Laccawanna) to Scenectady Mohawk Yard. At one time the Erie had passenger trains to Albany NY thru Delamar NY. Norfolk and Western and the C&O and tried to merge all the eastern roads into one holding company called DERECO more about them here-

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