CSX Acquires Pan Am Railways

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.