The Ramblers were formerly known as the Philadelphia Arrows from 1927 to 1935 and played in the Canadian-American Hockey League. The team changed named to the Ramblers for the 1935–36 season. The Canadian American Hockey League merged into the International-American Hockey League in 1936, where the Ramblers competed for another four seasons, before that league became known as the modern-day American Hockey League.
From 1935 through 1941, the team was the primary minor league affiliate of the New York Rangers and many future and Ranger stars played for the Ramblers, such as 1936–37 Rambler Bryan Hextall, a future four-time NHL All-Star who scored the Rangers' Stanley Cup-winning goal in 1940. The Rangers ended the affiliation agreement after the 1940–41 season.
The team changed its name to the Philadelphia Rockets for the 1941–42 season, which turned out to be their final season.