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.
Pan Am
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).