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NH Business Review
Norfolk Southern drops objections after reaching deal with CSX
March 1, 2021
CSX Transportation is filings its application to acquire Pan Am Railways with the federal Surface Transportation Board, the federal agency that regulates the railroad industry, according to a report in Railway Age.
Pan Am owns and operates 1,700 miles of track in New England, including 121 in New Hampshire. Terms of the transaction have not been disclosed.
Last November, when CSX first announced it was negotiating the transaction, Norfolk Southern Railway informed the federal regulators that it would challenge the deal, which it claimed would stifle competition with adverse impacts on other railroads and commercial shippers in New England.