The Pennsylvania Railroad (reporting mark PRR) was an American railroad, founded in 1846. Commonly referred to as the "Pennsy", the PRR was headquartered in Philadelphia, Pennsylvania.
The PRR was the largest railroad by traffic and revenue in the U.S. throughout the first two-thirds of the twentieth century and was at one time the largest publicly traded corporation in the world. At its peak, it controlled about 10,000 miles (16,000 km) of rail ...
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The Pennsylvania Railroad (reporting mark PRR) was an American railroad, founded in 1846. Commonly referred to as the "Pennsy", the PRR was headquartered in Philadelphia, Pennsylvania.
The PRR was the largest railroad by traffic and revenue in the U.S. throughout the first two-thirds of the twentieth century and was at one time the largest publicly traded corporation in the world. At its peak, it controlled about 10,000 miles (16,000 km) of rail line. During its history, the PRR merged with or had an interest in at least 800 other rail lines and companies. The corporation still holds the record for the longest continuous dividend history: it paid out annual dividends to shareholders for more than 100 years in a row. At one point the budget for the PRR was larger than that of the U.S. government; at its peak it employed about 250,000 workers.
In 1968, the Pennsylvania Railroad merged with its rival, the New York Central Railroad, to form the Penn Central Transportation Company. The...
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