Regulatory

CSX

CSX to acquire Pan Am Railways in New England

CSX yesterday announced that it has signed a definitive agreement to acquire Pan Am Railways, Inc. (“Pan Am”), the largest short line company/regional railroad in North America. Pan Am serves New England

Watco continues to expand

Watco has just added to its network of short line railroads in the United States. The railroad is a new subsidiary of Watco called the Elwood, Joliet & Southern Railroad (EJSR), LLC.