- December 31
- 1932 – The last steam-powered Southern Belle passenger train operates on the London, Brighton and South Coast Railway; the train's equipment will be replaced with electric multiple unit cars the next day.
- 1968 – Penn Central's purchase of the New York, New Haven and Hartford Railroad is completed.
- 1978 – The Rock Island Railroad operates its last passenger trains, the Peorian and a Chicago to Rock Island train.
- 1994 – Burlington Northern Railroad operates the last freight train on the former Oregon Electric Railway mainline in Portland, Oregon; the mainline is to become part of the new Tri-Met light rail system.
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