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Whats the most cut up sold/bankrupt RR?

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Whats the most cut up sold/bankrupt RR?
Posted by Boyd on Friday, November 7, 2008 12:19 AM

What RR in history has been divided up most after being sold or bankrupt? 

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Posted by KCSfan on Friday, November 7, 2008 1:52 AM

I don't know for sure but think it would be the Rock Island.

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Posted by Dakguy201 on Friday, November 7, 2008 5:34 AM

Rock Island was a good choice, but both the Milwaukee and Conrail come to mind also.

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Posted by oltmannd on Friday, November 7, 2008 6:30 AM

How about the Erie?

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Posted by gabe on Friday, November 7, 2008 8:11 AM

Dakguy201

Rock Island was a good choice, but both the Milwaukee and Conrail come to mind also.

I think you mean the Penn Central rather than Conrail. 

If the question means cut up/suld during/as an immediate result of the bankruptcy, I don't think it can be disputed that the Rock gets the nod.  However, if indirect results occurring 30 years after the filing count, I don't think it can be argued that the Penn Central gets the nod. 

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Posted by Anonymous on Friday, November 7, 2008 11:53 AM

oltmannd

How about the Erie?

Do you actually mean the Erie Lackawanna?  If you mean the EL, I'd say the vast majority of that line (my personal favorite fallen flag) was abandoned when they wedged their way into Conrail at the last minute.  My dear beloved EL's main through Indiana and Ohio is mostly a grown-over ROW now, after the Erie Western tried operating some of it out of Huntington.  As far as I know, most of the former EL trackage that remained was out east.  West of Marion the ROW was yanked when CR decided that the PC's routes were preferred (why I'm not sure in some areas anyway - the PC ROW was in awful bad shape in a lot of areas).

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Posted by tree68 on Friday, November 7, 2008 1:10 PM

Based on what I've read here in the past, and my interpretation of the question, I'd tend to agree that CRI&P probably has the most track still active, and spread amongst a variety of operators.

The PC and CR predecessors lost a lot of track, but I'm not sure any one would get notice for having track still active and being run my numerous operators.  Many of the roads that were folded into Conrail would today be considered no more than regionals.

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Posted by garyla on Friday, November 7, 2008 2:27 PM

It proably doesn't top the Rock Island, but another one which wasn't cut up much but pretty much got obliterated was the bankruptcy-headed regional Chicago Great Western.  Since being merged into the Chicago & North Western in 1968, it has mostlly ceased to exist.  There are a few stubs here and there, but not much else.

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Posted by gabe on Friday, November 7, 2008 3:21 PM

tree68

Based on what I've read here in the past, and my interpretation of the question, I'd tend to agree that CRI&P probably has the most track still active, and spread amongst a variety of operators.

The PC and CR predecessors lost a lot of track, but I'm not sure any one would get notice for having track still active and being run my numerous operators.  Many of the roads that were folded into Conrail would today be considered no more than regionals.

Boy, I am not so sure.

Penn Central--

(1) Norfolk Southern;

(2) CSX;

(3) Conrail Shared Assets;

(4) Ohio Central;

(5) Louisiville & Indiana;

(6) Indiana Southern;

(7) RailAmerica;

(8)  Was the Susquehnanna part of Penn Central?

(9) North East Corridor/Amtrak;

(10) KBS;

(11) I assume the Reading is former PC trackage?

(12) a buzillion short line/regionals I can't think of--many of fairly substantial size and importance.

The Rock certainly was carved up.  But, I would almost have to bet any amount of money that there were considerably more short lines and regionals out of the PC than the Rock--both in terms of number and mileage.  And, NS, Conrail, CSX, and the North East Corridor have to stack up against the Rock's list of larger operators.

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Posted by Anonymous on Friday, November 7, 2008 3:40 PM

garyla

It proably doesn't top the Rock Island, but another one which wasn't cut up much but pretty much got obliterated was the bankruptcy-headed regional Chicago Great Western.  Since being merged into the Chicago & North Western in 1968, it has mostlly ceased to exist.  There are a few stubs here and there, but not much else.

I wouldn't agree the CGW was headed for bankruptcy.  Their balance sheets were stable, making a reasonable, nominal profit and they were a well-run and well-organized operation.  They were smart enough to recognize the trends in the industry and the writing on the wall, and knew a merger was needed (unfortunately that merger was really a takeover and teardown eventually).

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Posted by henry6 on Saturday, November 8, 2008 9:51 AM

Boyd
What RR in history has been divided up most after being sold or bankrupt? 

It probably changes everyday...I am sure RI (CRI&P) is a very good candidate as is the MLW.  But in more modern times IC certain has been built, taken apart, put back together and taken apart again.  Conrail certainly has to be the biggest umbrella for the roads it took in (which in turn had been growth mergers and abandonments over the years) then were dismantled, torn up, sold off, or leased out and/or abandoned.  The catch is that most all railroads as we have known them in the late 20th and early 21st Centuries have been the results of mergers and acquisitions, thus any further merger causes further abandonment or sell off.  Your question is good, very good.  But it needs defining, restrictions, as to year, size, region, etc. And then you will get hundreds of different answers!!!  Well, quite a few anyway.

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Posted by Murphy Siding on Saturday, November 8, 2008 11:06 AM

     I think the Milwaukee Road left little bits of railroad everywhere it went.

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Posted by trainfan1221 on Saturday, November 8, 2008 11:36 AM

oltmannd

How about the Erie?

Erie was part of EL then Conrail, not so much cut up or sold as having whole stretches of mainline abandoned.  The lines around here survive because they are a large part of NJTransit commuter service.
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Posted by Anonymous on Saturday, November 8, 2008 11:54 AM

Jersey Central

 Lehigh Valley

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Posted by Lovemyf7 on Saturday, November 8, 2008 3:09 PM

Probably Conrail or Penn central also Great Northern
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Posted by Murphy Siding on Saturday, November 8, 2008 3:27 PM

     Great Northern?  Isn't that pretty much still intact?

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Posted by RRKen on Saturday, November 8, 2008 7:55 PM

Well then, based upon that criteria, I work on the a rarity.   A combined Rock Island and CGW line.   It don't get no better than that

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Posted by ValleyX on Saturday, November 8, 2008 9:54 PM

The Erie had little on-line business west of Marion.  If it had survived somehow into the intermodal boom, things might have worked out to its advantage.  Unfortunately, that didn't happen.  Today, there's places you can't hardly pick out where it was and other places where there's still ballast.

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Posted by Anonymous on Tuesday, November 11, 2008 9:05 PM

Murphy Siding

     Great Northern?  Isn't that pretty much still intact?

I think a lot of the GN main lines are intact.  The Minneapolis - Willmar - Sioux Falls line is doing plenty of business.  The Minneapolis - St. Cloud - Fargo line was dropped in favor of the NP's route to Fargo.  The Hinckley Sub remains between Minneapolis and Superior.  I think a lot of the feeder branches that looked like bones on a fish skeleton in North Dakota and Montana are either abandoned or sold-off now.  The Grand Forks - Bemidji - Boylston line remains.  It's slimmed-down quite a bit but a good share of the old GN guts remains.

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Posted by Stevo3751 on Tuesday, November 11, 2008 9:33 PM

For whatever reason, I would guess the Lehigh Valley would be the Rock Island of the east.

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Posted by henry6 on Wednesday, November 12, 2008 7:30 AM

Stevo3751

For whatever reason, I would guess the Lehigh Valley would be the Rock Island of the east.

Hard pressed to say.  The EL (thus both the DL&W and the Erie) as well as the RDG, CNJ and NH were all similarly cut up, given up, or made up to make the Conrail saleable model.  CR using parts of all but abandoning some, selling off some and ignoring others.  Despite the same happeing to PRR and NYC lines, thier respective skeletons were more complete than the others going into the sale..

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Posted by Lovemyf7 on Wednesday, November 12, 2008 12:59 PM

 my bad yes the great northern is still intact in most places so now i go with D&RGSCowboy

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