Pan Am Railways
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Pan Am Systems was a privately held Portsmouth, New Hampshire-based [1] Florida corporation composed of rail transport, manufacturing and energy, transportation related brands, and real estate divisions. [2] It formerly held a now-defunct airline division. Pan Am Systems was put up for sale in July 2020. [3]
Pan Am Railways is now a part of CSX Transportation. In 2022, Pan Am Railways was acquired by and became part of the CSXT Transportation network. For more information for safely and securely moving your freight with CSX, visit csx.com.
Pan Am Railways is primarily made up of former Class II regional railroads such as Boston and Maine Corporation, Maine Central Railroad Company, Portland Terminal Company, and Springfield Terminal Railway Company. It was formerly known as Guilford Transportation Industries and was also known as Guilford Rail System.
Founded in 1927 by two U.S. Army Air Corps majors, Pan Am began as a scheduled airmail and passenger service flying between Key West, Florida, and Havana, Cuba.
Jun 1, 2022 · JACKSONVILLE, Fla – June 1, 2022 – CSX Corp. (NASDAQ: CSX) today announced it has completed the acquisition of Pan Am Railways, Inc. (Pan Am), expanding its reach into the rapidly growing Northeast region of the country.
Feb 26, 2024 · Since CSX acquired the former Pan Am Railways in 2022, it’s focused on upgrading much of the infrastructure it procured. The Class I plans to spend more than $100 million to modernize and...
Jul 30, 2021 · The Surface Transportation Board today announced a decision accepting for consideration the revised merger application filed by CSX Transportation, Inc. (CSXT) to acquire control of Pan Am Systems, Inc., and its short line railroad subsidiaries.
