United States Railway Association studies and reports, 1973-1987.
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United States Railway Association
http://n2t.net/ark:/99166/w68d4pp6 (corporateBody)
In 1973, the United States Congress passed the Rail Reorganization Act, establishing the United States Railway Association (USRA) to develop a plan for a Consolidated Rail Corporation (ConRail), charged with planning and financing the reorganization of bankrupt railroads in the Northeast and Midwest. In July of 1974, USRA submitted a Final System Plan to Congress. ConRail was established in 1976, revitalizing the railroads in spite of the deep economic regulation that remained. The Staggers Act ...
ConRail
http://n2t.net/ark:/99166/w63b9ndv (corporateBody)
The Consolidated Rail Corporation (Conrail) was incorporated in Pennsylvania on February 10, 1976, for the purpose of taking over the viable portions of the Penn Central Transportation Company and other bankrupt Northeastern railroads as determined by the 1975 Final System Plan of the United States Railway Association. Conrail''s securities were owned by the federal government for funds advanced, and by its employees for wage and hours givebacks. Initial operation was as troubled and unprofitabl...