July 28, 2014 7:07 PM ET

Road and Rail

Company Overview of Conrail Inc.

Company Overview

Conrail Inc. provides freight service in Detroit, New Jersey, and Philadelphia. It offers rail services for various local rail freight customers. The company also operates an automobile distribution facility in Northern New Jersey for NS and CSX. In addition, it offers clothing, accessories, and gifts through its stores. Conrail Inc. was formerly known as Consolidated Rail Corporation and changed its name to Conrail Inc. in July 1993. The company was founded in 1976 and is based in Philadelphia, Pennsylvania. Conrail Inc. operates as a subsidiary of Norfolk Southern Corp.

1717 Arch Street

Suite 3210

Philadelphia, PA 19103

United States

Founded in 1976

21,280 Employees

Phone:

215-209-2000

Fax:

215-209-4819

Key Executives for Conrail Inc.

Senior Vice President - Finance and Senior Vice President-finance - Consolidated Rail Corporation
Age: 62
Senior Vice President - Operations and Senior Vice President - Operations - Consolidated Rail Corporation
Age: 70
Senior Vice President - Merger Transition and Senior Vice President - Merger Transition - Consolidated Rail Corporation
Age: 72
Senior Vice President - Core Service Group and Senior Vice President - Core Service Group - Consolidated Rail Corporation
Age: 63
Compensation as of Fiscal Year 2014.

Conrail Inc. Key Developments

Twenty-Four Plaintiffs Sues CSX Corp., Norfolk Southern Corp. and Conrail

Twenty-four plaintiffs, including a dozen police officers who rushed to the scene of a November 2012 train derailment in Paulsboro, sued on May 13, 2013, alleging that the rail company's negligence caused the derailment, and that it downplayed the dangers of a chemical spill and failed to protect responders. As a result, the suit says, the plaintiffs have suffered ailments such as breathing problems, headaches, neurological disorders, and elevated blood pressure since the tanker carrying 23,000 gallons of vinyl chloride derailed Nov. 30, 2012. The suit, filed in Common Pleas Court in Philadelphia, names Conrail and its parent companies, Norfolk southern Corp. and CSX Corp., as defendants. Plaintiffs include 12 Paulsboro and Greenwich Township officers.

Fifty-Four Residents File Lawsuit Against Conrail and CSX

Fifty-four residents are sued Conrail and CSX over the Jefferson Street Bridge collapse and vinyl chloride leak. This news came as most of the remaining evacuees were allowed to return home and the first 911 calls reporting the accident were released. Seven of the 84 cars on a Conrail train derailed and the bridge over Mantua Creek collapsed Nov. 30, sending four tanker cars into the water below and releasing vinyl chloride- a gas used in making PVC plastics - into Paulsboro's air. The carcinogenic chemical was detected in Paulsboro's air for days following the incident, prompting authorities to evacuate more than 200 residents over 27 blocks in the 2.2-square-mile borough. The Cherry Hill and Philadelphia-based Cedar Law Firm and Williams Cukor Berezofsky, LLC filed suit against Conrail and CSX in Pennsylvania State Court on behalf of 54 Individuals from Paulsboro. It asks for damages arising from the vinyl chloride spill that sent scores of individuals to the hospital immediately following the bridge collapse.

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