Which American Class-1 Transportation Company Bought the Pan-Am Railway?
Answers
Answer:
Type
Private
Industry
Rail transport
Founded
1981 (Guilford Transportation Industries)
2006 (Pan Am Railways)
Founder
Timothy Mellon
Fate
Purchased by CSX pending
Headquarters
North Billerica, Massachusetts, United States of America
Area served
Northeast
Key people
Timothy Mellon
David Fink
David A. Fink
Number of employees
750 (2011)
Parent
Pan Am Systems
Subsidiaries
Boston and Maine Corporation
Maine Central Railroad Company
Portland Terminal Company
Springfield Terminal Railway Company
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Answer:
Pan Am Railways is headquartered in Iron Horse Park in North Billerica, Massachusetts.[1] It is a subsidiary of Portsmouth, New Hampshire-based Pan Am Systems, formerly known as Guilford Transportation Industries. Guilford bought the name, colors and logo of Pan American World Airways in 1998.
On November 30, 2020, an agreement was announced for CSX to acquire Pan Am Railways. Norfolk Southern has expressed concern about possible impacts on competition