Reading Company

The Reading Company (pronounced Redding /ˈrɛdɪŋ/; logotyped as Reading Lines), usually called the Reading Railroad operated in southeast Pennsylvania and neighboring states. Until the decline in anthracite loadings in the Coal Region after World War II, it was one of the most prosperous corporations in the United States.

Reduced coal traffic coupled with highway competition and short hauls forced it into bankruptcy in the 1970s. The railroad was merged into Conrail in 1976, but the corporation lasted into 2000, disposing of real estate holdings.

History

Philadelphia and Reading Rail Road: 1833–1896

The Philadelphia and Reading Railroad (P&R) was one of the first railroads constructed in the United States. Along with the Little Schuylkill, a horse-drawn railroad in the Schuylkill River Valley, it formed the earliest components of what became the Reading Company. Primarily, the P&R was constructed to haul anthracite coal from the mines in northeastern Pennsylvania's Coal Region to Philadelphia.

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