Tennessee Central Diesel Roster

The Tennessee Central had a long history of financial trouble. It was under court protection for the second time from 1912 to 1922, when it was bought at bankruptcy sale by a group of investors led by Paul Davis. Except for 1932 and 1933, the company was profitable until 1946.

 Another group of investors led by J. L. Armstrong bought the company that year. They returned the company to profitability in 1949. In 1952 the railroad borrowed $2.2 million from the Reconstruction Finance Corporation to complete dieselization and buy 200 new coal hoppers.

In 1954, the Tennessee Valley Authority opened it’s coal fired Kingston power plant in Harriman, Tennessee, and mostly used coal from mines along the Tennessee Central. 

Money loosing passenger service ended in 1955. In 1956, a second loan from the Reconstruction Finance Corporation was secured for more diesels and coal hoppers.

In 1957, the TVA began buying coal from other mines than the ones along the Tennessee Central. Loses returned, and the railroad was unable to repay the TVA loans. The Tennessee Central entered bankruptcy for the third and final time in 1968, and this time, the assets were sold off.

Illinois Central bought the west end of the railroad as far as Louisville, along with several RS3’s that never became part of the IC’s roster.

Southern picked up a few miles of the east end of the line from Harriman to Crossville.

Louisville & Nashville bought the middle portion, from Crossville to Nashville, and most of the Tennessee Central motive power.


Link to the Tennessee Central Roster (.pdf)




Comments

Popular posts from this blog

Montreal Locomotive Works Diesel Builder List

Alco Diesel Locomotive Builders List

Seaboard Coast Line Diesel Locomotive Roster

New York, New Haven & Hartford Diesel Locomotive Roster

Seaboard System Locomotive Roster

Phelps Dodge Corporation Diesel Locomotive Roster

Ferrocarril del Pacifico All Time Diesel Roster

Bombardier builder list

Central of Georgia Diesel Locomotive Roster