During the later 20th Century, competitiion with the modern trucking industry tht began using the Interstate Highway System for short-distanced goods compounded company problems forcing banckruptcy.
The terminal is a complex of buildings that includes the main station, Terminal Headhouse, Trainshed, and Market.
The Philadelphia and Reading Railroad was one of the first railroads in the United States.
The company did not operate extensive long-distance passenger train service, but it did field the famous streamline Crusader.
As of 1999, most former Rading lines are now part of Norfolk Southern Railway as a result of the Conrail split between CSX and NS.
The Reading Company was forced into bankruptcy in 1971.
The Reading Company provided passenger and greight transport in eastern Pennsylvania and neighboring states until acquired by Conrail in 1976.
In 1900, the Reading shops began construction along the Reading yards and North 6th Street, facilitating the maintenance and construction of a greater locmoitve and rolling stock fleet.
In Philadelphia, the Reading built Port Richmond, the self-proclaimed "largest privately-owned railroad tidewater terminal in the world."