PAR Sale: CSX PAR Lines Operating Plan Detail Analysis, Part I

PAR Sale: CSX PAR Lines Operating Plan Detail Analysis, Part I

CSX PAR Lines Operating Plan Detail Analysis CSX’s Amended and Supplemented Application (01.July.2021) includes a 60-page Operating Plan, Verified by Jamie Boychuk. It includes a detailed analysis of current PAR System operating characteristics, regional CSX operating characteristics, and a projected synthesis of the two into a CSX regional divisions directly connected to the CSX national […]

CSX: The Goodness of Their Heart?

By incorporating Pan Am Systems, CSX is giving its PSR champions a juicy, low-hanging target to drive down O/R and still spare the rest of its already-there network.

CSX: The Goodness of Their Heart?

Identifying the Real Competition CSX’s prospective acquisition of PAR presents an improvement in practically every aspect of New England’s rail industry. Simply by virtue of being a Class I railroad, they will certainly improve the track, rolling stock, operation, and reliability along every mile of the PAR/PAS network. They will connect New England shippers/receivers to […]

PAR Sale: CSX EVP Wallace Statement on Markets

Rail share of freight tons handled in New England is just over 3%, considerably below the national average of 8%.

PAR Sale: CSX EVP Wallace Statement on Markets

(Among the many new sections in the Amended and Supplemented Application is a detailed review of PAR-line marketing prospects by recently-appointed CSX EVP Mark Wallace, presented as a Verified Statement. This article intends to gather the key excerpts from the Verified Statement. – Ed.) CSXT’s Executive Vice President Mark Wallace’s marketing plan touches upon CSXT’s […]

PAR Sale: What’s New in CSX’s Third Application

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.

PAR Sale: What’s New in CSX’s Third Application

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, […]

PAR Sale: Seeing the Fundamental Issue

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.

PAR Sale: Seeing the Fundamental Issue

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 […]

CSX: We Ask, How’s It Going to Work?

CSX: We Ask, How’s It Going to Work?

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 […]

CSX: Chessie at the Bat

With apologies to Ernest Lawrence Thayer, author of "Casey at the Bat."

CSX: Chessie 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 […]

New Hampshire Revolving Loans Fund Cog Railway & Conway Scenic

New 100lb/ rail on Cog Railway to replace 25lb rail. Conway Scenic refinances dome car.

New Hampshire Revolving Loans Fund Cog Railway & Conway Scenic

The Mount Washington Cog Railway and Conway Scenic Railroad are beneficiaries of loans from the New Hampshire Class III Railroads and Cog Railroads Revolving Loan Fund. The New Hampshire Executive Council voted yesterday to approve the loans. The Cog Railway project benefiting from a $1.2 million loan will lay new 100lb (per yard) modern rail […]

NECR: Renews West Lebanon Lease with NHDOT

NECR KEEPS CONTROL OF NH STATE-OWNED INDUSTRIAL TRACK OFF VRS WRJ

NECR: Renews West Lebanon Lease with NHDOT

01.February, West Lebanon, NH — New England Central (Genesee & Wyoming) will continue to deliver propane, cement, and salt into West Lebanon via the Northern Railroad Line, based on a 10-year lease renewal by the NH Department of Transportation, which owns the line. The West Lebanon property, part of the Claremont Concord Railroad (CCR) until […]

SLA: New Ownership for Gorham NH Paper Mill

HIGH-PERFORMANCE TISSUE PLANT WILL CONTINUE 130-YEAR PAPER-MAKING LEGACY. NO WORD ON REVIVING RAIL SERVICE.

SLA: New Ownership for Gorham NH Paper Mill

05.January, Gorham NH – Gorham Paper and Tissue was acquired by Behrens Investment Group. In addition to the $8.75 million cash purchase price, the new owner also assumed ~$9.8 million in loan debt and local tax liabilities. The facility will now be known as White Mountain Paper Company.   GPT, under the ownership of Patriarch […]

1 2 3