Conrail stands for Consolidated Rail Corporation.As the name "Consolidated" suggests, it is a railway company that was established in 1976 by merging loss-making private railway companies.It was once nationalized for management restructuring.It is a combination of five companies: Penn Central Railroad, Ely Lackawanna Railroad, Central Railroad of New Jersey, Lehigh Valley Railroad, and Reading Railroad.
After that, shareholdersCSX Railroadandnorfolk southern railroad(NS), the main routes and vehicles have been transferred to the parent company.Currently, the company functions as a staffing company for drivers and as a management company for branch lines and rail yards.
