In 1956, the segment from Mount Pocono to Paradise Valley was designated as SR 196, but when SR 940 was upgraded to an expressway in 1964 the SR 196 designated was removed and SR 940 was extended to an intersection with State Route 191 in Paradise Valley.
In 1956, the segment from Mount Pocono to Paradise Valley was designated as an extension of PA 196. PA 940 near Pocono Summit was upgraded to an expressway in 1964; as a result the PA 196 designation between Mount Pocono and Paradise Valley was removed and PA 940 was rerouted and extended to an intersection with PA 191 in Paradise Valley.