Pan Am

John M. Lewis Jr., CEO, Charlotte Area Transit System (left); Jim Umpleby, Chairman and CEO, Caterpillar Inc. (center); and David A. Fink, former President of Guilford Transportation Industries, who died Oct. 11.
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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.