Aha, say the aha-sayers. Conrail’s net income and total revenues dropped in the second quarter and first half of thisyear from year-ago levels. That proves Conrail can’t survive as an independent ...

The dispute in Congress over which of two bidders will be allowed to purchase the Consolidated Rail Corp. (Conrail) from the federal government seems on the verge of becoming sidetracked. Conrail is ...

A group of large investors organized by Morgan Stanley & Co. has proposed to buy out the government`s 85 percent interest in the Consolidated Rail Corp., commonly known as Conrail, to return it to the ...

Conrail plans to build a transfer station along Riverside Drive in Salisbury Township where truck trailers will be loaded onto and taken from rail cars, and officials in Bethlehem anticipate a major ...

First, some history. To address the looming collapse of freight and passenger rail traffic in the East as a result of those railroad bankruptcies, Congress passed the Regional Rail Reorganization Act ...

Conrail, the government-owned railroad that was considered a basket case by the industry just five years ago, is an attractive bride since being nursed back to financial health by her Uncle Sam. But ...