Author Topic: csx looking to buy Pan Am  (Read 1325 times)

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wm3798

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Re: csx looking to buy Pan Am
« Reply #15 on: November 29, 2020, 04:18:02 PM »
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Somewhere something will end up mothballed or torn up.  CSX grows by reducing overhead.  Jobs and mileage will be sacrificed somewhere because of this.
Lee
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Lee Weldon www.wmrywesternlines.net

Lenny53

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Re: csx looking to buy Pan Am
« Reply #16 on: November 30, 2020, 04:36:38 PM »
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Lenny53

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sirenwerks

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Re: csx looking to buy Pan Am
« Reply #18 on: November 30, 2020, 05:46:24 PM »
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I know this is business, but the last thing railfanning needs is more banality.  Leave the smaller roads alone please, it's bad enough there's all of this G&W orange everywhere here in Oregon...
Now seeking Pacific NW N scalers to create a Modutrak-style modular club featuring NP's shared mainline between Seattle and Portland. PM me if interested.

wazzou

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Re: csx looking to buy Pan Am
« Reply #19 on: November 30, 2020, 06:28:31 PM »
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I know this is business, but the last thing railfanning needs is more banality.  Leave the smaller roads alone please, it's bad enough there's all of this G&W orange everywhere here in Oregon...


Better that they still operate trains on the former SP lines than not, no?
Besides, G&W is good for my business.
Bryan

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Sharky_McSharknose

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Re: CSX looking to buy Pan Am
« Reply #20 on: February 26, 2021, 03:37:00 PM »
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The STB filing is in!

https://dcms-external.s3.amazonaws.com/DCMS_External_PROD/1614365401439/301684.pdf

https://trn.trains.com/news/news-wire/2021/02/26-csx-files-pan-am-merger-application-with-federal-regulators

A couple of notes of interest:

-NS will have trackage rights on CSX (B&A) for their 22K/23K intermodal/autorack trains to/from Ayer, MA.
-G&W will operate the Pan Am Southern between Mechanicville, NY and East Deerfield, MA under a new subsidiary called the Berkshire & Eastern. NS will still own half of the operation and run their other New England trains on PAS/B&E, while CSX will take over the Pan Am-owned half.

This is all, of course, subject to STB approval.
« Last Edit: February 26, 2021, 08:29:34 PM by Sharky_McSharknose »