Penn Central Transportation - Legacy

Legacy

The Penn Central bankruptcy was a cataclysmic event, both to the railroad industry and to the nation's business community. The PC and its problems have been the subject of more words than almost anything else in the railroad industry, everything from diabtribes on the passenger business to analyses of the reason for its collapse. As the mega-railroad's brief existence has rarely been looked upon favorably by both railroad historians and former employees, almost nothing specifically aimed at the railroad enthusiast has been published about the Penn Central. The preservation group Penn Central Railroad Historical Society was formed in July 2000 to preserve the history of the often scorned company.