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Penn Central: What went wrong?

Anonymous Thu 05 May 2022 05:52:31 No.1796581 View View Reply Original Report

Quoted By: >>1797080 >>1797628 >>1797647 >>1797715 >>1798291 >>1798396

How do you go from this:
https://www.youtube.com/watch?v=EKcJIPpjh0g

To this?
https://www.youtube.com/watch?v=GHmyYqfNYnc

All in the span of 6 years

Anonymous

Anonymous Fri 06 May 2022 18:19:00 No.1797080 Report

Quoted By:

>>1796581
>What went wrong
Literally everything
>The government compelling it to provide unprofitable (yet important) services
>Dying industry
>Incompetent service
>shitty management that cooked the books so no else knew all of this other stuff was happening
All this just to avoid the N-word (nationalization)

Anonymous

Anonymous Sun 08 May 2022 01:07:19 No.1797628 Report

Quoted By: >>1797636

>>1796581
I know it can be a bit polarizing on this board, but Well There's Your Problem recently did a 3-part series on Penn Central.

Anonymous

Anonymous Sun 08 May 2022 01:20:51 No.1797636 Report

Quoted By:

>>1797628
wait wait, don't tell me! Less than 10% of air time is spent talking about the freight transportation market

Anonymous

View Same Google ImgOps iqdb SauceNAO FB_IMG_1645369774976.jpg, 34KiB, 828x802

Anonymous Sun 08 May 2022 02:40:47 No.1797647 Report

Quoted By: >>1799024

>>1796581
>let's take two class I railroads the absolutely HATE each other and moosh them into on giant clusterfuck
No idea, Anon.
https://youtu.be/aUKxwtrQR3A

Anonymous

Anonymous Sun 08 May 2022 08:48:21 No.1797715 Report

Quoted By:

>>1796581
different management styles- losing track of locomotives.

The intended merge of PRR with B&O fell through, so they had to do NYC, which had largely parallel tracks. B&O wasn't much better off, as W&M was largely parallel as well. Hindsight being 20/20, I think some of the W&M lines (such as from Cumberland toward Pittsburgh) would've served the B&O much, much better as they're higher up and less prone to flooding.

Anonymous

Anonymous Tue 10 May 2022 00:45:07 No.1798291 Report

Quoted By:

>>1796581
Poor management, ICC forcing another already bankrupt Railroad into the merger, shit track condition, etc.

Anonymous

Anonymous Tue 10 May 2022 12:55:08 No.1798396 Report

Quoted By:

>>1796581
absurd robber baron style aristocratic management instead of trying to run a legitimate, profitable business

Anonymous

Anonymous Thu 12 May 2022 07:29:14 No.1799024 Report

Quoted By:

>>1797647
*3

Anonymous

View Same Google ImgOps iqdb SauceNAO CTR_1_New_Haven_2044.jpg, 227KiB, 1000x677

Anonymous Sun 22 May 2022 03:02:45 No.1802905 Report

Quoted By: >>1802949 >>1803003 >>1807071

How are you supposed to make sense of US railway companies with all the mergers and bankruptcies?
Is there a guide to all of them?

Anonymous

Anonymous Sun 22 May 2022 08:48:07 No.1802949 Report

Quoted By:

>>1802905
wikipedia

Anonymous

Anonymous Sun 22 May 2022 12:46:40 No.1803003 Report

Quoted By:

>>1802905
If you do a search for ___ railroad merger history you'll get plenty of results

Anonymous

Anonymous Tue 31 May 2022 06:25:24 No.1806241 Report

Quoted By:

https://www.youtube.com/watch?v=lsrC-UcDZHM

Anonymous

View Same Google ImgOps iqdb SauceNAO 20220602_183744.jpg, 3MiB, 4032x3024

Anonymous Thu 02 Jun 2022 22:44:03 No.1807071 Report

Quoted By:

>>1802905
There's this one from "The Men Who Loved Trains" but its only the ones from the northeastern US.

Good read i'd recomend

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Penn Central: What went wrong?