(Source: Railway Age, November 9, 2020)
NEW YORK — Shades of the battle between CSX and Norfolk Southern that occurred some 25 years ago over Conrail, but on a smaller scale: CSX is in negotiations to acquire Pan Am Railways, the 1,700-mile Class II previously known as the Guilford Rail System, itself the amalgamation of the Boston & Maine, Maine Central, Portland Terminal Company and Springfield Terminal Railway. NS, in a Nov. 6 filing with the Surface Transportation Board, is opposing the transaction.
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