Pan Am Railways - Ownership and Business Overview

TransportationCompany

Pan Am Railways Ownership

Who owns Pan Am Railways?

Pan Am Railways is owned by CSX. It was acquired on April 14, 2022.

Pan Am Railways Business Overview

Where is Pan Am Railways headquartered?

Pan Am Railways is headquartered in North Billerica, Massachusetts.

What sector is Pan Am Railways in?

Pan Am Railways is a transportation company.

When was Pan Am Railways founded?

Pan Am Railways was founded in 1981.

Transportation M&A Summary in 2022

Out of 60 sectors in the Mergr database, transportation ranked 15 in number of deals in 2022. The largest transportation acquisition in 2022 was Pilot Freight Services - which was acquired by A.P. Moller - Maersk A/S for $1.7B.

Join Mergr to view all 165 acquisitions of transportation companies in 2022, including 41 acquisitions by private equity firms, and 124 by strategics.

Pan Am Railways

Pan Am Railways, Inc.

1700 Iron Horse Park,
North Billerica, Massachusetts 01862
United States,
www.panamrailways.com

Pan Am Railways is a regional railroad system with routes stretching from Saint John, New Brunswick to New York's Capital District. PAR consists of the Springfield Terminal (ST) and Pan Am Southern (PAS). A haulage agreement with the Irving family of railroads extends ST's reach into Northern Maine and New Brunswick. The combined system, including haulage rights, totals approximately 1700 route-miles. PAR's connections include all four eastern Class I systems (CN, CP, CSX, NS) as well as over 20 regional and short-line railroads. Primary commodities handled include grain, coal, sand and gravel, food products, lumber, paper and pulp, chemicals and plastics, petroleum, processed minerals, metals, scrap metal, finished automobiles, and intermodal trailers and containers. Pan Am Railways was formed in 1981 and is based in North Billerica, Massachusetts.


Company Summary

SECTOR

Transportation

Established

1981

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