CSX plan to buy Pan Am Railways rejected
(Source: Transport Topics, June 7, 2021)
SPRINGFIELD, Mass. — Federal regulators recently rejected CSX’s plan to buy Pan Am Railways Inc., which operates 1,200 miles of track. In its ruling, the federal Surface Transportation Board cited concerns that the CSX-Pan Am Southern deal would adversely impact shippers in and around Springfield that now have access to two competing freight-carrying railroads.
Full story: Transport Topics
Tuesday, June 8, 2021
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