CSX resubmits application to acquire Pan Am Railways
CSX hopes an expanded application containing a more in-depth market analysis will persuade the Surface Transportation Board to approve CSX’s request to acquire Pan Am.
CSX hopes an expanded application containing a more in-depth market analysis will persuade the Surface Transportation Board to approve CSX’s request to acquire Pan Am.
CSX needs more data in its market analysis, the Surface Transportation Board said. CSX plans to resubmit its application.
Wind gusts reaching 70 mph Monday will impact truckers in more than a dozen states (with forecast video).
Wind gusts exceeding 50 mph Friday will impact truckers heading to leading freight markets in the Northeast (with forecast video).
CSX must again file its plans to acquire New England short line Pan Am Railways as a “significant” transaction.
Short line operator Vermont Rail System and legislators from Vermont and Massachusetts question how CSX and Norfolk Southern would handle joint ownership of Pan Am Southern because it would involve a competing short line railroad
Eastern U.S. railroad CSX (NASDAQ: CSX) has started the regulatory process to acquire New England short line operator Pan Am Railways in a move that CSX hopes will strengthen its […]
The acquisition would add Maine, New Hampshire and Vermont to CSX’s 23-state network.
Changes with significant impact on rail customers are taking place across New England.
Gusty winds, up to a foot of snowfall could slow down regional deliveries.