Pan Am Southern
standard gauge |
Pan Am Southern, LLC (
History
2008–2022
On May 15, 2008, Norfolk Southern Railway announced that it had come to an agreement with Pan Am Railways to "create an improved rail route between Albany, N.Y., and the greater Boston, Mass., area called the 'Patriot Corridor'."[2][3][4]
On March 12, 2009, Norfolk Southern and Pan Am received STB approval of the deal.[5] As of May 1, 2009, each of the two companies owns 50% of Pan Am Southern. PAR's trackage between Ayer, Massachusetts and Mechanicville, New York was transferred to PAS and continued to be operated and maintained by PAR's Springfield Terminal Railway Company subsidiary. NS transferred to PAS cash and property valued at $137.5 million.[6]
Planned improvements to the route included track and signal upgrades, and expansion of terminals, including new automotive and intermodal terminals constructed in Ayer, Massachusetts and Mechanicville, New York.[7]
Planned lines were as follows:[8]
- )
- Branches from North Adams to Adams, Massachusetts; in Gardner, Massachusetts; from Ayer to Harvard, Massachusetts; from Ayer to West Groton, Massachusetts via MBTA trackage rights; and from Willows to Littleton, Massachusetts via MBTA trackage rights
- New Haven-Springfield Line)
- Branches from CSXtrackage rights
- Branches from
Post Pan Am acquisition by CSX
As a result of CSX's purchase of Pan Am Railways in June 2022, Pan Am Southern will no longer be operated by PAR. CSX inherited PAR's 50 percent stake in Pan Am Southern, with competitor Norfolk Southern owning the remaining half.[9] CSX and NS reached an agreement to have Pan Am Southern be operated by a new Genesee & Wyoming subsidiary named the Berkshire and Eastern Railroad, which the Surface Transportation Board (STB) approved.
The
References
- , accessed October 2009
- ^ "Pan Am Railways and Norfolk Southern Create the Patriot Corridor to Improve Rail Service and Expand Capacity in New York and New England" (Press release). Norfolk Southern Corp. 2008-05-15. Archived from the original on 2008-06-01. Retrieved 2008-05-15.
- ^ a b Norfolk Southern Railway and Pan Am Railways (2008-05-16). "Introducing the Patriot Corridor" (PDF). Norfolk Southern Corp. Retrieved 2008-05-16.
- ^ The Associated Press (2008-05-15). "2 railroad freight companies combine effort". AP Business News. Worcester Telegram & Gazette. Retrieved 2008-05-16.
- ^ US Board Approves Joint Ownership Of Pan Am Southern LLC, CNN Money, http://money.cnn.com/news/newsfeeds/articles/djf500/200903102012DOWJONESDJONLINE000756_FORTUNE5.htm[permanent dead link], 3/12/09
- ^ Pan Am Railways and Norfolk Southern Receive Approval to Improve Rail Service in New York and New England, http://www.nscorp.com/nscportal/nscorp/Media/News%20Releases/2009/pan-am.html, 3/12/09
- ^ "Pan Am's second takeoff". Trains Magazine. Kalmbach Publishing. January 2010.
- ^ "Norfolk Southern Railway Company, Pan Am Railways, Inc., er al.-Joint Control and Operating/Pooling Agreements-Pan Am Southern". Surface Transportation Board. June 26, 2008. Archived from the original on 2011-06-15.
- ^ a b Luczak, Marybeth (March 18, 2021). "Vermont Rail System Contests Pan Am/CSX Deal". Railway Age. Retrieved September 13, 2021.
- ^ Stephens, Bill (August 26, 2021). "Justice Department raises competitive concerns over CSX-Pan Am merger". Trains. Retrieved September 13, 2021.
- ^ "Rail News - CP: CSX-Pan Am merger threatens competition on Hoosac Tunnel route". Progressive Railroading. September 1, 2021. Retrieved September 13, 2021.
- ^ "STB decision in CSX Corporation and CSX Transportation, Inc., et al.—Control and Merger—Pan Am Systems, Inc., Pan Am Railways, Inc., Boston and Maine Corporation, Maine Central Railroad Company, Northern Railroad, Pan Am Southern LLC, Portland Terminal Company, Springfield Terminal Railway Company, Stony Brook Railroad Company, and Vermont & Massachusetts Railroad Company, FD 36472 et al" (PDF). April 14, 2022.