Highways, hurricanes and a drop in coal traffic made 1956 the last profitable year. Most passenger service was discontinued by 1959. Bankruptcy came in 1972 (3 days after Penn-Central). A substantial amount of trackage was declared redundant when CONRAIL took over the property in 1976. Between Sayre and Buffalo the only trackage remaining is that which serves local industry.
One section of the Valley still running is the Towanda-Monroeton Shippers Lifeline. This six-mile section is operated by a feed mill using an SW1 built in 1939 (painted in Lehigh Valley colors).
Recently purchased by The Reading, Blue Mountain and Northern Railroad Company.
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