Competition will be enhanced by ensuring the independence and neutrality of PAS from CSXT as a means to reach New England rail shippers
In his Amended and Supplemented Verified Statement, William F. Huneke, former STB Chief Economist and a recognized consulting authority on railroad economics, presents his determination that Berkshire & Eastern (subsidiary of Genesee and Wyoming) will improve and enhance competition on the Pan Am Southern lines, as their dedicated contract operator. For Huneke’s discussion of four […]
CSX's 01.July Amended and Supplemented Application to acquire Pan Am Systems is ~330% bigger than the original 25.February "Minor" version, and more than twice as long as the 26.April "Significant" version.
02.July.2021, Washington DC — CSX’s Amended and Supplemented Application to acquire Pan Am Systems (the holding company of the various Pan Am Railways assets) is ~330% bigger than the original 25.February “Minor” version, and more than twice as long as the 26.April “Significant” version that were rejected by the STB (Decisions 2, 3). So, […]
Giving New England's Class III railroads a stake in the revitalized rail network is not incompatible with CSX's strategic objective to complete a northeast land bridge between Port of Saint John NB and the interior.
On 25.May, the STB gave CSX a second Incomplete grade for its Application to acquire Pan Am Railways, forcing CSX to attend summer school and develop a third iteration of the Application to merge with Pan Am Railways. Will it yield the charm this proposed transaction desperately needs? The Board’s explanation of the ruling provides […]
04.June, Washington DC – Amtrak’s CEO Bill Flynn released a strongly-worded statement, reiterating the national passenger carrier’s objections to proposed transaction that will give CSX control of PAR properties and rights throughout New England. The statement is a reminder of the several serious concerns that Amtrak detailed in its 17.May STB filing, “Notice of Intent […]
03.June, Worcester MA – A prominent CSX spokesperson provided responses to five ANRP questions submitted last month, and one asked last week. This dialogue will continue as the Pan Am acquisition process progresses. ANRP has been working to understand and report on how today’s CSX would conduct itself as New England’s dominant carrier. Specifically, we […]
With apologies to Ernest Lawrence Thayer, author of "Casey at the Bat."
The outlook wasn’t brilliant for the Jaxville line that day; Applicants stood Oh-for-two with one last chance to play. When Minor hit ground in the yard, and Amended did the same, Applicants finally realized that, perhaps they held the blame. The Clippers were a last-place team atop a weak division, Aghast at their misery’s furtherance […]
Dredging Permit gets objection from ousted tenant at New London
Ousted New London salt distributor, DRVN, is not giving up quietly. After operating at the port since 2014, DRVN had its 3.5 acre lease canceled in February to make way for a conversion at the port to wind turbine business for offshore wind projects. According to formal objections to dredging permits filed May 3rd by […]
Low Interest Rates Prompt Capital Spending on Highways
Connecticut Governor Ned Lamont on April 16th led the Connecticut State Bond Commission to approve $340 million in special capital spending, funded with new bonds (despite a previous debt diet pledge) for a variety of highway projects, tens of millions of affordable housing, state buildings and $55 million in funds to dredge and develop the […]
UPSTART ROAD SALT DISTRIBUTOR USES RAIL TO PUSH OCEAN SALT INTO NORTHERN STATES
20.January, East Providence RI — A short string of covered hoppers headed out behind the P&W, loaded with salt drayed from Fall River MA, and bound for Shelburne VT — and on the way changing everything that’s known about sourcing road salt in New England. Upstart salt distributor Saltine Warrior has carved a new rail-based […]
New comprehensive maps of PAS Following a suggestion from an ANRP subscriber, we will provide access to these comprehensive maps in each article concerning the Pan Am Southern trackage. Maps and captions are derived from STB filings. Additional reference PAR East End (‘Keag-Ayer) comprehensive map CSX-PAR Transaction comprehensive STB proceedings Get your glasses, or click […]