JACKSONVILLE, Fla. – November 30, 2020 – CSX Corp. (NASDAQ: CSX) today announced that it has signed a definitive agreement to acquire New England’s Pan Am Railways, Inc. (“Pan Am”), whose rail carrier subsidiaries comprise North America’s largest regional railroad. Headquartered in North Billerica, Massachusetts, Pan Am owns and operates a highly integrated, nearly 1,200-mile […]
CSX INTEREST IN PAS B&M ROUTE IMPLICITLY PUTS CSX B&A LINE ON THE BLOCK; ONLY ONE BUYER IS WILLING TO PAY THE PRICE.
A long-sought East-West passenger solution may be another dramatic discovery fallen out of Norfolk Southern’s recent filing with the STB, which divulges CSX’s advanced interest in partnering with NS on the B&M/Patriot Corridor line. Numerous advocates have publicly urged the Commonwealth of Massachusetts to impose itself in the Pan-Am sale, as an opportunity to secure […]
Funds for major Norwalk River and Connecticut River projects on Metro-North and Amtrak
27, October-Washington DC–Two major bridge replacements in Connecticut will get USDOT ‘State of Good Repair’ grants, announced Transportation Secretary Elaine Chao, replacing the Norwalk (“walk”) bridge on Metro-North and the Connecticut River bridge on Amtrak between Old Saybrook and Old Lyme. Both movable bridges are long-time priorities, prone to malfunction and their replacement will mean […]
Planning Board Approval for $30million Maine International Cold Storage Facility for Emskip
The Portland Planning Board on Tuesday approved the 120,000-square-foot Maine International Cold Storage warehouse proposed at the port. The Maine Port Authority and Emskip (which has weekly container ships to Portland from Europe) have pushed the plan for a number of years, lining up developer Treadwell Franklin Infrastructure of Yarmouth and investment firm, Amber Infrastructure. […]
A quick-moving thunderstorm packing winds up to 75mph blew through Western Massachusetts the afternoon of October 7th, blowing off the roof of the East Deerfield roundhouse and at least 100 trees over the right of way of Pan-Am Southern.
Next-Day shipping means inventory and manufacturing closer to consumers.
Expectations of consumers for quick delivery will transform the supply chain, says Mike Rutherford, Senior Vice President AmericanPetrolog LLC. Speaking at the Northeast Association of Rail Shippers, Rutherford, gave a sweeping view of changes in society leading to changes in manufacturing and thus rail movements. With manufacturing leaving China, more goods will arrive from Mexico […]
New Cars will Meet Expanding Demand with Improved Experience, Strategic Concept, State Funds. Siemens Favored for Supply.
12 June, Hartford CT – Interview with CDOT’s Richard Jankovich, Assistant Rail Administrator, by R&P Associate Editor Christopher Parker Stamford CT R&P: How Is The Hartford Line doing? RJ: Ridership on the Hartford line (separate from the Vermonter) went from 465,000 for 2018 to 730,000 in 2019 – an incredible increase. We’re very proud of it. […]