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Indiana Rail Road cancels 2020 Santa Train

(Source: Progressive Railroading, September 14, 2020) The Indiana Rail Road Co. (INRD) announced last week that it has canceled the 2020 run of its Santa Train due to the COVID-19 pandemic. Full story: Progressive Railroading

R.J. Corman purchases 3 short lines, TranZ

(Source: Railway Age, August 19, 2020) NEW YORK — R. J. Corman Railroad Group, LLC has finalized an agreement to acquire Owego and Harford Railway, Inc (OHRY), Lehigh Railway, LLC (LRWY), and Luzerne and Susquehanna Railway Company (LS), as well as short line...

Opinion: Public has interest in Pan Am Railways sale

(Source: Opinion column by the TransitMatters rail group published in Commonwealth Magazine, August 1, 2020) BOSTON, Mass. — Pan Am and its corporate predecessor Guilford are notorious for paring service and infrastructure investment to an absolute minimum while...

An observer’s view of the Pan Am Railways sale

(Source: Railway Age, June 30, 2020) NEW YORK — An industry observer who spoke with Railway Age on the condition of anonymity said that Pan Am Railways is indeed for sale, with BMO Financial Group handling a transaction for principal owner Tim Mellon, 78, and other...