Inside the CSX Playbook
RAILWAY AGE, SEPTEMBER 2023 ISSUE: Running a scheduled railroad and safely meeting customer and infrastructure requirements is a “team sport.”
Pan Am
Berkshire & Eastern Readies for PAS Operations
Nearly 18 months after CSX acquired Pan Am Systems, Inc. and its short line subsidiaries, Berkshire & Eastern Railroad is set to take over as operator of Pan Am Southern LLC (PAS).
People News
David “Dave” Andrew Fink, former President of Guilford Transportation Industries, died Oct. 11. He was 86. Also, John M. Lewis Jr. is stepping down as CEO of Charlotte Area Transit System (CATS), and Jim Umpleby will continue to lead Caterpillar Inc. following a waiver of the company’s retirement policy.
CSX-Pan Am Merger Complete
CSX on June 1 reported completing its Pan Am Railways, Inc., acquisition, six weeks after the Class I railroad received regulatory approval from the Surface Transportation Board (STB). Transaction terms were not disclosed.
STB Approves CSX-Pan Am Combination
All five Surface Transportation Board members on April 14 signed off on CSX’s proposal to acquire Pan Am Systems, Inc., and its short line railroad subsidiaries, effective May 14.
Vermont Withdraws Opposition to CSX/Pan Am Combination
Vermont Transportation Agency (VTrans) and Vermont Rail System (VRS) have reached a settlement agreement with CSX, Norfolk Southern (NS) and Genesee & Wyoming (GWI) that resolves their concerns about competition if CSX and Pan Am merge.
CSX-Pan Am Merger Hearing Set, No Environmental Review Required, STB
The Surface Transportation Board (STB) on Dec. 10 reported that it will hold a virtual public hearing on the revised CSX-Pan Am merger application, and affirmed that an environmental and historic review of the proposed combination is not required.
IHR, LSRC, Pan Am, R.J. Corman Earn ASLRRA Business Development Awards
The American Short Line and Regional Railroad Association has recognized four members as 2021 Business Development Award honorees: Iron Horse Resources (IHR), Lake State Railway Co. (LSRC, Railway Age’s 2018 Short Line of the Year), Pan Am Railways, and R.J. Corman (Railway Age’s 2007 Short Line of the Year, West Virginia Line).