A major freight railroad company in the eastern United States, formed through the consolidation of several struggling railroads.
An acronym for 'Consolidated Rail Corporation,' founded in 1976 by combining Pennsylvania Railroad, New York Central, and other lines; the name reflects the corporate consolidation trend of 1970s America.
Conrail is a great example of American industrial problem-solving: in the 1970s, many northeastern railroads were failing, so the government forced them to merge into one giant company—it worked so well that Conrail became profitable and is still operating today!
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