Labor unions` endorsement of Alleghany Corp.`s $1.2 billion offer for Conrail and extensive opposition to Norfolk Southern Corp.`s rival offer apparently has given Alleghany an edge in bidding for the ...

Some shippers from the northeastern and midwestern parts of the country yesterday voiced strong skepticism that any of the top contenders for purchase of the Consolidated Rail Corp. would maintain ...

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 ...

A group of investors, ranging from ivy league colleges to pension funds, yesterday raised the stakes in the political battle over the sale of Conrail by offering to match Norfolk Southern Corp.’s $1.2 ...

CHUGGING ALONG. The Senate Tuesday approved and sent to the House the Reagan administration’s plan to sell Conrail, the government-owned freight railroad, to Norfolk Southern Corp. for $1.2 billion.

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 ...

In this special installment of Trackside Finds, Cody Grivno introduces you to nine former Conrail units that found new homes Growing up in northwestern Minnesota, the two railroads I was most familiar ...

Conrail locomotives: Classic Trains editors are celebrating the history, heritage, and style of Conrail all through April 2022. Enjoy this photo gallery of Conrail locomotives selected from the ...