CSX Expanded Application
CSX Corp. submitted an Amended and Supplemented Application to the Surface Transportation Board (STB) as part of an agreement to acquire New England’s Pan Am Railways, Inc. (“Pan Am”).
The transaction will provide significant benefits to shippers, passenger rail users, and local communities as CSX integrates Pan Am into its best-in-class network.
As CSX connects more of New England with its existing 23 state network, which serves two thirds of the nation’s population, CSX will also be investing in infrastructure. This new investment will bring Class I railroad resources to the region; update the entire network, and make it more efficient and safer for operations, communities, and passenger rail.
Other benefits of the transaction include: