Conrail Train Railroad System 1986 Fold Out Map based on 1986 Rand McNally Map

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Conrail Train Railroad System 1986 Fold Out Map based on 1986 RandMcNally Map
This maprepresents the Conrail Railway System as of October 1986.
It is copyrighted1986 by Rand McNally

This is apre-owned, used map. The owner was a train engineer and kept this mapin his travel bag. The toning and wear shows on the outside frombeing inside the travel bag. The map does no look like it was openedmuch at all.Please review the 11qty. photos for the maps condition.
Please note map isNOT in perfect condition.
Please review allphotos for wear. The map has one wear through hole and some otherthinned paper where it folds and the folds are on the outside.Item will be shippedfor free via USPS First Class Mail to all USPS designated domesticaddresses.MapDimensions:
Folded: 4 inches width x 9-1/8 inches height
Fully opened: 33 inches width x 26 inches height
Map has 8 vertical panelsthat are folded vertical first.Map weight: 1.5 ounces40Years | A Brief History Of ConrailAtthe close of the 1960s railroads of the Northeast struggled withmounting debts, declining traffic and deferred maintenance. Coal,once the railroads mainstay traffic source, took a nosedive as thenations appetite for oil increased, triggering financial panicamong many rail carriers in the Mid-Atlantic. The PennsylvaniaRailroad and New York Central, once bitter rivals, merged into thePenn Central creating perhaps the most infamous face for the ensuingfinancial disaster seven major carriers faced in the early 1970s.In order to avoid the complete collapse of railroading in the east,congress enacted the Regional Rail Reorganization Act of 1974(commonly referred to the 3R Act). The Act provided interim fundingfor the struggling carriers while creating Consolidated RailCorporation, a government funded private company. Under the Act theUnited States Railway Association prepared a plan to determine whatlines of the seven carriers would be incorporated in the final systemplan to be transferred to Conrail. This plan would be approved bycongress under the subsequent Railroad Revitalization and RegulatoryReform Act of 1976 (4R Act) which was signed into law in February of1976.Conrailwas incorporated in Pennsylvania the same month and began operationsApril 1st 1976. The companys function was to revitalize freightservice between the Northeast and Midwest, operating as a for-profitoperation. In 1981 Conrails economic standings began to turnaround showing its first profit since incorporation. Under theleadership of L. Stanley Crane, a former Southern Railway CEO, therailroad flourished, shedding an additional 4100 unprofitable andredundant miles from the system between 1981 and 1983. The StaggersRail Act of 1981 also provided much needed deregulation of railroadrates and tariffs allowing for changes in rate structuring that datedback to the turn of the century, giving railroads the ability tobetter compete with trucking companies. By the time Conrailapproached its 10th birthday the railroad was ready to return back tothe private sector. In the fall of 1986 congress signed in theConrail Privatization Act authorizing a public stock offering thatresulted in one of the largest IPOs in US history raising $1.9billion in 1987.Conrailsubiquitous blue locomotives and can opener” logo developed bydesigner Tony Palladino became the symbol of a profitable network, asuccess story for a new era of railroading which also saw thecreation of Norfolk Southern and CSX Transportation. Ironically inthe 1990s NS and CSX engaged in a takeover battle that would havecreated an unhealthy imbalance in northeastern rail service, thecompromise was instead a split of the Conrail system. CSX would take42% of Conrails assets and the former NYC properties with NSassuming the 58% balance and much of the PRR network. Interestinglyenough, the final split of Conrail is similar to a merger proposalfrom the 1950s in response to the proposed marriage of the NewYork Central and Chesapeake & Ohio. The PRR had looked to joinforces with the N&W and Wabash, both of which it already had acontrolling interest in. Regardless, the ICC rejected both mergersbut the net result some fifty years later is the same. Outside of themajor split of Conrail assets three terminals where competition wasin jeopardy continues to be serviced by the jointly owned ConrailShared Assets Operation, providing equal access for both railroads inDetroit, Northern and Southern New Jersey/ Philadelphia continuingthe Conrail name that began operations 40 years ago today. Categories:Railroads Tags: Conrail, Conrail Shared Assets, PennsylvaniaRailroad, Penn Central, New York Central, CSX Transportation, NorfolkSouthern, History, Railroads, industrial history, Consolidated RailCorp.Collectibles>Transportation>Railroadiana& Trains>Paper>Brochures
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Category: Collectibles:Transportation:Railroadiana and Trains:Paper:Maps
Location: Van Wert, Ohio