PAR'S C.R.I.S.I. Grant Proposal Requests $21 Million (PAR will also Pony Up the Same Amount) to Bring Tattered 'KEAG Route Up to Class 2/286K by Mid-2023. Until then, New Operator will have Only Marginal Access to Saint John.
19.June, Billerica MA – Pan Am Railways submitted a proposal to the Federal Railroad Administration for a $20,996,786 grant from the FY2020 Consolidated Rail Infrastructure and Safety Improvements (CRISI) funding opportunity to rebuild the 111.16-mile Pine Tree Corridor (a/k/a, Mattawamkeag line) in central Maine, running from Mattawamkeag (KEAG MP 0.41) to Waterville (CPF 111/MP 111.57). The […]
MBTA Awards Second Major Contract for SCR Phase One Build. $562.5 Million will Connect Fall River and New Bedford Commuters via Middleboro to Boston South Station by Late 2023.
24 August, Boston MA – Phase One of the SCR project will reconstruct existing freight rail lines connecting to the operating MBTA Middleboro Line. The Middleboro Secondary, New Bedford Main, and Fall River Secondary lines will be upgraded for passenger service with new track, as well as new stations and platforms, commuter parking, train layover, signal […]
Freshly Repainted (or Scraped?) GRS "Heritage" Unit Spooks Par Rumor-Mongers.
11.August, Bernardston MA – After having received fresh blue Pan Am livery paint only a few years ago, MEC 507 surprised the rail observer community when it emerged from the Waterville paint shop on 29.July in classic Guilford gray. Since then it’s been roaming the PAR system. Bernardston MA
Maine Downeaster Ridership Recovers Enough to Increase Train Count. Passengers Applaud Sanitary and Distance-Compliant Coaches; Crews Practicing New Protocols.
28.July, Boston MA – Amtrak’s Boston to Maine Downeaster service has resumed marketing programs to encourage ridership on the safe and social distance-compliant trains to Vacationland. Ridership has increased to approximately 200 passengers per day, doubling since the phased resumption of service in June. Service resumed on 15.June after a total shutdown initiates 13.April. Service reopened […]
Individual Rail Operating Units Boston & Maine (B&M), Springfield Terminal, (ST), Maine Central (MEC), Portland Terminal (PTM), and Half Of Pan Am Southern (PAS) are What’s For Sale; The “PAN AM” Name And Branded Entities are Not.
Pan Am Systems, evoking the once-glamorous international air carrier, replaced the Guilford Transportation Industries’ moniker in 2006. GTI acquired the Pan Am name out of bankruptcy in 1998, with the rest of the airline’s remaining, meagre assets. Headquartered in Portsmouth NH, PAST controls Pan Am Railways, (ex-Guilford Rail Systems), the railroad crosstie businesses, and other […]
Par Sale Takes Shape on "Where's Waldo?" OCS Run. BOD and Changing Cast of Rival Rail Execs Pull Out of XO; Empty Train Pulls into ED.
This report is based on live sightings by R&P staff, and reports from R&P exclusive sources. 14.July, Ayer MA – The Pan Am Office Car Special (OCS-14) departed Ayer at 0930 hrs headed west. Consist was MEC 1 (a/k/a “PAR 1”), MEC 2 (“PAR 2”), ST 103 (“Syd Culliford”), ST 102 (“Bluebird”), ST 101, ST […]
Pan Am Systems Engages Bank of Montreal (BMO) to Find a Buyer for its Railroad Business. Many Bidders Expected to Make Offers for All or Parts of the ~1700 Miles of Track and Related Assets Ranging from Mattawamkeag ME to Derby CT to Rotterdam Jct. NY.
28 June, Billerica MA – Pan Am Southern (PAS)/Patriot Corridor partner Norfolk Southern has often been touted as an imminent buyer. WATCO reportedly reached an agreement to purchase PAR several years ago, only for the prospect to whither away. Canadian Pacific’s primordial interest in (PAR’s formative lines) Boston & Maine (B&M) and Maine Central (MEC) has […]
Incumbent Operator Coastal Rail Wins 61-Round Bidding War Over (G&U Owner) First Colony
19.June, Denver CO — The Mass Coastal Railroad property was acquired by an affiliate of its current operator, following a 61-round bidding war. The gavel was dropped after First Colony Development and Rail Holdings Company declined to counter Coastal Rail LLC’s final $2 million bid. First Colony’s final bid was $1,985,000. On 17.June, William A. […]