![]() Along with the Little Schuylkill, a horse-drawn railroad in the Schuylkill River Valley, it formed the earliest components of what became the Reading Company. The Philadelphia and Reading Railroad (P&R) was one of the first railroads in the United States. After its railroad operations merged into Conrail in 1976, the remainder of the corporation was renamed Reading International. In the later 20th century, competition with the modern trucking industry that began using the Interstate Highway System for short-distance transportation of goods, compounded the company's problems and forced it into bankruptcy in 1971. Until the decline in anthracite shipments from the Coal Region in Northeastern Pennsylvania following World War II, it was one of the most prosperous corporations in the United States. It operated service as Reading Railway System and was a successor to the Philadelphia and Reading Railway Company, founded in 1833. The Reading Company ( / ˈ r ɛ d ɪ ŋ/ RED-ing) was a Philadelphia-headquartered railroad that provided passenger and commercial rail transport in eastern Pennsylvania and neighboring states that operated from 1924 until its acquisition by Conrail in 1976.Ĭommonly called the Reading Railroad and logotyped as Reading Lines, the Reading Company was a railroad holding company for the majority of its existence and a single railroad during its later years. Reading International (cinemas and real estate)Ĥ ft 8 + 1⁄ 2 in ( 1,435 mm) standard gauge Reading Terminal in Philadelphia, circa 1893Ĭonrail (now Norfolk Southern Railway and CSX Transportation)
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