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 […]
Rail share of freight tons handled in New England is just over 3%, considerably below the national average of 8%.
(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 […]
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 […]
30.April, Dover-Foxcroft ME – A strong lumber market is leading Pleasant River Lumber Co. to invest $25 million over the next three years in four Maine facilities. When completed, the projects will enhance PRL’s production capacity to ~400 million board feet through its five Maine mills. Rail has traditionally been a vital transportation component for […]
26.April, Washington DC – The Surface Transportation Board invited public comments on the proposed procedural schedule for the sale of Pan Am Railways/Pan Am Southern. In the STB Decision No. 1 on the original filing for the sale, served and published on 25.March, the Board accepted the February 25 submission as a prefiling notification, thus […]
Another e-commerce focused warehouse on Pan-Am, follows new facility in South Windsor CT, 3 older warehouses
01.April, Lowell MA – Another Home Depot e-commerce distribution center is under construction just south of Lowell, adjoining the Pan Am-served MBTA commuter rail Lowell line just south of I-495 The Lowell DC is the company’s fourth in southern New England, along with facilities in Bloomfield CT (near Hartford, served by Central New England RR), […]
