List of railroad bankruptcies in North America
1870s
September 1873 Panic of 1873 -- By November 1873, 55 US railroads fail. (Another 60 are bankrupt by September 1874).
1910s
1920s
1930s
December 4, 1931: Ann Arbor Railroad
February 10, 1932: Baltimore and Virginia Steamboat Company
March 31, 1933: Missouri Pacific Railroad
December 1934: Alleghany Corporation
1935: Chicago, Milwaukee, St. Paul and Pacific Railroad
March 26, 1935: Copper Range Railroad
October 23, 1935: New York, New Haven and Hartford Railroad
October 31, 1935: Connecticut Company
November 29, 1935: New York, Westchester and Boston Railway
February 2, 1936: Van Sweringen Company
June 3, 1936: Old Colony Railroad
May 20, 1937: New York, Ontario and Western Railway
January 18, 1938: Erie Railroad
August 4, 1938: Boston and Providence Railroad
October 30, 1939: Central Railroad of New Jersey
1940s
1950s
1960s
1970s
March 12, 1970: Boston and Maine Corporation
June 21, 1970: Penn Central Transportation
July 24, 1970: Lehigh Valley Railroad
November 23, 1971: Reading Company
April 19, 1972: Lehigh and Hudson River Railway
June 26, 1972: Erie Lackawanna Railway
July 12, 1973: United New Jersey Railroad and Canal Company (Penn Central subsidiary)
July 14, 1973: Beech Creek Railroad ; Cleveland, Cincinnati, Chicago and St. Louis Railway ; Cleveland and Pittsburgh Railroad ; Connecting Railway ; Delaware Railroad ; Erie and Pittsburgh Railroad ; Michigan Central Railroad ; Northern Central Railway ; Penndel Company ; Philadelphia and Trenton Railroad ; Philadelphia, Baltimore and Washington Railroad ; Pittsburgh, Fort Wayne and Chicago Railway ; Pittsburgh, Youngstown and Ashtabula Railway ; Union Railroad of Baltimore (Penn Central subsidiaries)
October 15, 1973: Ann Arbor Railroad
March 17, 1975: Chicago, Rock Island and Pacific Railroad [ 1]
December 19, 1977: Chicago, Milwaukee, St. Paul and Pacific Railroad
1980s
References
^ United Press International, "Rock Island Railroad Files For Bankruptcy", Playground Daily News , Fort Walton Beach, Florida, Tuesday March 18, 1975, Volume 30, Number 34, page 2.
