CNJ maintained an extensive marine operation on New York Bay, including a steamer line to Sandy Hook. CNJ's last marine service, the ferry line between Manhattan and CNJ's rail terminal at Jersey City, made its last run on April 30, 1967. It was also the last day for the terminal itself; the next day CNJ passenger trains began originating and terminating at the PRR station in Newark via the Aldene Connection, where New York passengers could transfer to either PRR or Port Authority Trans-Hudson (PATH) trains. Decline The years after WWII were not kind to CNJ. Passenger traffic was almost entirely commuter business, requiring great amounts of rolling stock for two short periods five days a week. Three-fourths of CNJ's freight traffic terminated on line — the railroad was essentially a terminal carrier, which meant little profit was made, if any. In addition, heavy taxes levied by the state of New Jersey ate up much of CNJ's revenue. The state of New Jersey began subsidizing commuter service in 1964, and the tax situation changed in 1967. The merger between the Chesapeake & Ohio and Norfolk & Western railways that was proposed in 1965 to counter the impending PRR-New York Central Railroad merger was to have included CNJ, but the bankruptcy of Penn Central killed that prospect. CNJ drafted elaborate plans for reorganization; they came to naught as neighboring railroads collapsed. Conrail took over freight operations of the CNJ on April 1, 1976; with passenger routes transferred to the New Jersey Department of Transportation including the present New Jersey Transit North Jersey Coast Line and Raritan Valley Line. CNJ emerged from bankruptcy in 1979 as Central Jersey Industries (later CJI Industries), a corporate shell. It merged with the packaging company Triangle Industries, owned by Nelson Peltz, in 1986. Main initial corridors CNJ had its northeastern terminus at Elizabethport, New Jersey. In 1864 CNJ extended its railroad across the bay into Bayonne, and north to the Jersey City terminus. It had used a succession of bridges over the years, the last being Newark Bay Bridge, demolished in the 1980s. From Elizabethport, trains went to different corridors. One headed towards Elizabeth and Plainfield and points west and southwest. The second went south towards Perth Amboy and today's North Jersey Coast Line and different southern New Jersey destinations. CNJ operated several trains into Pennsylvania and other points west or south, in association with the