Illinois` two U.S. senators vowed Tuesday to block the Reagan administration`s plan to sell government-owned Conrail to Norfolk Southern Corp., a move they said would eliminate 10,000 railroad jobs ...
Aha, say the aha-sayers. Conrail’s net income and total revenues dropped in the second quarter and first half of thisyear from year-ago levels. That proves Conrail can’t survive as an independent ...
A proposal to sell Conrail to an investment group is gaining support, although a congressional stalemate persists over whether the federally owned freight line should be sold to the investors or to ...
A state Public Utility Commission administrative law judge will make a recommendation early next year on Conrail’s proposal to remove from the state’s books an unused railroad bridge over Irving ...
If you owned a business that had $6 billion in assets and $800 million in cash, turned a $500 million profit last year and earned $210 million in the first half of 1985 — would you sell it for $1.2 ...
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 ...