News

— Pan Am Railways (@PanAmRail) June 1, 2022 Publicly traded CSX is based in Jacksonville, Fla., and is one of the nation’s largest rail freight providers. They operate a large rail yard in ...
On May 26, The Surface Transportation Board rejected as “incomplete” the merger application filed by CSX Transportation, Inc. to acquire control of Pan Am Systems, Inc. and its short line railroad ...
The Surface Transportation Board (STB) has accepted for consideration CSX’s amended and re-filed Pan Am Railways acquisition application, and set a procedural schedule, with a final decision to be ...
The Surface Transportation Board, the federal agency that regulates railroads, on Thursday approved CSX Transportation’s’ acquisition of Pan Am Railways, the largest regional rail network in North ...
CSX’s original bid to merge with Pan Am was rejected by federal regulators, but in July the company submitted an amended and expanded application to acquire the rail line. The acquisition of Pan Am ...
The Surface Transportation Board on Thursday approved the application by CSX Corp. (Nasdaq: CSX) to acquire North Billerica, Mass.-based Pan Am Railways Inc., which owns 400 miles of train tracks ...
MECHANICVILLE — CSX Corporation has completed its long-sought purchase of Pan Am Railways, which serves parts of eastern New York and New England and has a railyard in Halfmoon.
Pan Am, headquartered in North Billerica, Massachusetts, owns and operates a nearly 1,200-mile rail network and has a partial interest in the more than 600-mile Pan Am Southern system.
Media reports pegged the sale price at $700 million. CSX noted that Pan Am owns and operates a highly integrated, nearly 1,200-mile rail network and has a partial interest in the more than 600-mile ...
Massachusetts DOT told federal regulators overseeing the potential purchase of Pan Am Railways by competitor CSX that the state needs CSX to guarantee track access for east-west passenger trains ...
The federal Surface Transportation Board has accepted CSX Transportation’s revised application to acquire Pan Am Railways and set a procedural schedule for considering the transaction, with a decision ...