List of companies transferred to Conrail

The Consolidated Rail Corporation (Conrail) was formed on April 1, 1976 not by a standard merger, but as a new government corporation that took over only designated lines and other rail-related assets from the existing bankrupt companies.

Seven major companies were included: So were most railroads that had been leased or controlled by them, sometimes jointly.

Conrail maintained existing leases of the small Amsterdam, Chuctanunda and Northern Railroad (PC-NYC) and Central Railroad of Indianapolis (PC-NYC), as well as the Lehigh and Susquehanna Railroad (LV), owned by the non-railroad Lehigh Coal and Navigation Company.

[2] In addition, Conrail acquired long-term leases on several Canadian properties (all PC-NYC): the St. Lawrence and Adirondack Railway, the Canada Southern Railway, and its subsidiaries Detroit River Tunnel Company and Niagara River Bridge Company.

[3] None of the property of the New York and Harlem Railroad was transferred to Conrail, but a portion was operated under contract as a light-density line.