Countdown to ConRail: Part 3

Countdown to ConRail: Part 3

by Victor Hand/photos by the author, courtesy Center for Railroad Photography & Art The railroad crisis that engulfed the Northeast in the late 1960s and early 1970s was the culmination of decades of postwar economic policy that left railroads struggling with declining revenues, shifting traffic patterns, and mounting competition from government-funded highways, waterways, and aviation. In response, many carriers turned to mergers as a last-ditc…