Discussion related to the operations and equipment of Consolidated Rail Corp. (Conrail) from 1976 to its present operations as Conrail Shared Assets. Official web site can be found here: CONRAIL.COM.
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Nope. IHB was historically controlled by NYC and wore their freight black until 1980. CSS was independent save for 15 years of C&O control.
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IHB was controlled by NYC 51% and MILW 49%. NYC share passed to Penn Central and then Conrail. With the split of Conrail between NS and CSX each now owns 25.5%. MILW's share passed to Soo Line. With Soo Line being controlled by CP, that share effectively belongs to CP, so they are the largest shareholder.