List of railroad bankruptcies in North America
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1870s
- September 1873 Panic of 1873 -- By November 1873, 55 US railroads fail. (Another 60 are bankrupt by September 1874).
1910s
- September 6, 1918:Canadian Northern Railway (nationalized)
1920s
- July 12, 1920:Grand Trunk Pacific Railway (nationalized)
- January 20, 1923:Grand Trunk Railway (nationalized)
- 1925: Chicago, Milwaukee, and St. Paul Railway
1930s
- December 4, 1931: Ann Arbor Railroad
- February 10, 1932: Baltimore and Virginia Steamboat Company
- March 31, 1933: Missouri Pacific Railroad
- December 1934: Alleghany Corporation
- 1935: Chicago, Milwaukee, St. Paul and Pacific Railroad
- March 26, 1935: Copper Range Railroad
- October 23, 1935: New York, New Haven and Hartford Railroad
- October 31, 1935: Connecticut Company
- November 29, 1935: New York, Westchester and Boston Railway
- February 2, 1936: Van Sweringen Company
- June 3, 1936: Old Colony Railroad
- May 20, 1937: New York, Ontario and Western Railway
- January 18, 1938: Erie Railroad
- August 4, 1938: Boston and Providence Railroad
- October 30, 1939: Central Railroad of New Jersey
1940s
- 1947: American Railroad Company
- March 2, 1949: Long Island Rail Road
1950s
- November 19, 1954: Hudson and Manhattan Railroad
1960s
- July 7, 1961: New York, New Haven and Hartford Railroad
- September 7, 1962: Boston Terminal Corporation (South Station)
- March 22, 1967: Central Railroad of New Jersey
1970s
- March 12, 1970: Boston and Maine Corporation
- June 21, 1970: Penn Central Transportation
- July 24, 1970: Lehigh Valley Railroad
- November 23, 1971: Reading Company
- April 19, 1972: Lehigh and Hudson River Railway
- June 26, 1972: Erie Lackawanna Railway
- July 12, 1973: United New Jersey Railroad and Canal Company (Penn Central subsidiary)
- July 14, 1973: Beech Creek Railroad; Cleveland, Cincinnati, Chicago and St. Louis Railway; Cleveland and Pittsburgh Railroad; Connecting Railway; Delaware Railroad; Erie and Pittsburgh Railroad; Michigan Central Railroad; Northern Central Railway; Penndel Company; Philadelphia and Trenton Railroad; Philadelphia, Baltimore and Washington Railroad; Pittsburgh, Fort Wayne and Chicago Railway; Pittsburgh, Youngstown and Ashtabula Railway; Union Railroad of Baltimore (Penn Central subsidiaries)
- October 15, 1973: Ann Arbor Railroad
- March 17, 1975: Chicago, Rock Island and Pacific Railroad[1]
- December 19, 1977: Chicago, Milwaukee, St. Paul and Pacific Railroad
1980s
References
- ^ United Press International, "Rock Island Railroad Files For Bankruptcy", Playground Daily News, Fort Walton Beach, Florida, Tuesday March 18, 1975, Volume 30, Number 34, page 2.
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