Pan Am Railways (Sold): Map, Roster, CSX Sale, Logo (2022)

Last revised: June 3, 2022

By: Adam Burns

While Pan Am Railways (reporting marks, PAR) is a relatively new Class II, regional railroad created in 2006.

Its immediate predecessor is the Guilford Rail System that dates back to the early 1980s, formed as a holding company to oversee management of the railroads under its control (Boston & Maine, Maine Central, Portland Terminal, and the Springfield Terminal).

For railfans, it has been sad to witness those historic names disappear although technically many are still corporate entities (on paper only).

More succinctly, Guilford took draconian measures soon after its formation by selling or abandoning hundreds of miles of trackage.

A good deal of this infrastructure, such as Maine Central's Mountain Division and parts of the Boston & Maine network, would still be quite viable today.

Pan Am Railways (Sold): Map, Roster, CSX Sale, Logo (1)Pan Am Railway GP40-2LW #511 (sub-lettered for Maine Central) sits in front of the former Bangor & Aroostook station in Northern Maine Junction (Hermon), Maine on November 28, 2007. Under Pan Am/Guilford this building was a yard office. American-Rails.com collection.

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For its part, the newly formed Pan Am has blossomed into a much more prominent company by partnering with major Class I's, like the Norfolk Southern, to provide high-quality rail service throughout the region.

This particular program is known as the Patriot Corridor, a high speed freight line designed to serve New England between Albany, New York and Boston.

Today, Pan Am is the nation's largest Class II carrier; it operates 1,800 route miles, employees 750, and is so large Amtrak even hosts trains over parts of its network. Trains Magazine broke news on June 29, 2020 that Pan Am is currently for sale.

Finally, on November 30, 2020 Railway Age announced that CSX Transportation had acquired the regional for $700 million.

A Brief History

To understand the history of the Pan Am system one needs to go way back to 1977.

That year the Guilford Transportation Industries (GTI) was formed by Timothy Mellon who was looking to enter the railroad business (the name reflects the owner's hometown of Guilford, Connecticut).

During the late 1970s the Maine Central was becoming a profitable operation once again.

However, it was sold to the U.S. Filter Corporation in late December, 1980 and literally days after that transaction occurred the new parent was sold to Ashland Oil, a company that had no desire or interest being in the railroad business.

With Mr. Mellon looking for a railroad to purchase he wasted no effort in grabbing the MEC with the sale completed by June of 1981.

To oversee the MEC he setup a holding company under GTI known as the Guilford Rail System with a new paint scheme of dark grey with an orange/red central stripe, and "Guilford Rail System" adorning the long hood sporting a large, stylized "G".

Pan Am Railways (Sold): Map, Roster, CSX Sale, Logo (2)Pan Am FP9 #1, which began its career on the Canadian National as #6505 in 1954, is seen here on display at the "Streamliners At Spencer" event in May of 2014. Warren Calloway photo.

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After the purchase of the MEC, Guilford picked up the fabled Delaware & Hudson later in 1981 from the Norfolk & Western-owned Dereco for just $500,000, formally completing the purchase in 1984.

The D&H, however, remained in Guilford ownership for just seven more years.

After declaring the company bankrupt in 1988 it sold the railroad to Canadian Pacific in 1991 for $25 million, which planned to use the route as a through main line between Montreal and New York (and continues to operate it today as a subsidiary).

In 1983, as the Boston & Maine was recovering from bankruptcy it too was purchased by Guilford for a little more than $24 million.

With this final transaction Guilford had a system that stretched throughout Maine, into New Hampshire, across Massachusetts, and also reached parts of Connecticut.

The goal of in acquiring these roads was three-fold; to create a unified rail system in New England, compete against the region's then major (and only) Class I, Conrail ("Big Blue"), and provide economies of scale by doing such.

Soon after Guilford took control of these properties it began cutting back and abandoning routes considered superfluous or unprofitable such as several MEC lines in its home state and later virtually all of the original Springfield Terminal Railway, a line which had a long history as a classic electric interurban carrier.

Into the 1990s, Guilford remained much the same in terms of the routes it served and in 1998 it picked up the naming rights of the defunct Pan American World Airways, a once famous air line that had been out of business since 1991.

In 2006 Guilford changed its corporate name to reflect its purchase, even grabbing the old logo, and became known as Pan Am Railways.

From a management aspect not much has changed with the railroad but outwardly, gone is the "G" logo and old paint scheme (replaced with dark blue and white lettering) while still retaining the sub-lettering of independent lines Maine Central, Boston & Maine, and Springfield Terminal.

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Despite the fact that under the Guilford name numerous miles of predecessor lines have been abandoned abandoned the railroad still retains a strong presence in New England.

Along with its own network, Pan Am today has trackage rights reaching New Haven, White River Junction (Vermont), Boston, northern Maine all of the way to border (towns such as Easton, Fort Fairfield, and Madawaska), and southern New Brunswick (Canada) at St. John and St. Stephen.

System Map

Additionally, as mentioned above, the new Patriot Corridor created in partnership with Norfolk Southern in 2008 opened high-valuable freight traffic between eastern New York, central Vermont, southern Connecticut, and eastern Massachusetts as part of the jointly owned Pan Am Southern Railway.

Targeted traffic on the route includes intermodal and automotive.

Aside from this new traffic source, traditional freight on the Pan Am system has included paper and timber products from Maine as well as some chemicals, bulk transfer stations, warehouse services, clay, and other general merchandise.

Logo

Pan Am Railways (Sold): Map, Roster, CSX Sale, Logo (4)The Pan Am Railways logo.

While it has been disappointing from a railfan perspective to see the classic New England paint schemes of the D&H, Maine Central, and Boston & Maine disappear there is no doubting the economic benefits the Pan Am Railway has had on the region over the years.

Additionally, Pan Am Railways has become rather railfan friendly in the past few years. In 2011 they debuted a GP9 in the original Boston & Maine "Minute Man" livery of dark maroon with gold pinstripes.

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They have also released another GP9 in the Maine Central's classic green and yellow "Pine Tree Route" livery. So, if you are out railfanning the railroad be on the lookout for these units!

Locomotive Roster

BuilderModel TypeRoad NumberNotes/DispositionQuantity
EMDFP91-2Ex-CN2
EMDGP7/-R12, 15Springfield Terminal2
EMDGP945, 51, 52 (MEC heritage livery), 54, 62, 71-72, 77 (B&M heritage livery)Springfield Terminal8
EMDGP35201-210, 212, 214-215Springfield Terminal11
EMDGP40300-321, 326-330, 332-335, 337, 340-342, 343-354, 370-371, 373-374, 376-382Maine Central/Boston & Maine58
EMDGP40-2LW500-508Maine Central, Ex-CN9
EMDGP40-2W509-519Maine Central, Ex-CN11
EMDSD40-2600-620Maine Central, Ex-KCS, Ex-Trona21
EMDSD26621, 643Springfield Terminal, Former SD24s2
EMDSD45681Springfield Terminal1
EMDSD39690Boston & Maine1

Pan Am Railways (Sold): Map, Roster, CSX Sale, Logo (5)Delaware & Hudson GP38-2 #7323 (ex-Lehigh Valley #323) rolls through Ayers, Massachusetts over the Boston & Maine during the early Guilford era on February 1, 1988. American-Rails.com collection.

CSX Sale (November 30, 2020)

It was announced back in June of 2020 that Pan Am Railway was for sale. It was believed at that time the only two Class I's potentially interested were Canadian National and Canadian Pacific while short line conglomerates Genesee & Wyoming, OmniTRAX, and Watco may also make bids.

Perhaps then it was somewhat surprising when CSX Transportation announced on November 30, 2020 it had acquired Pan Am for an estimated $700 million.

By adding 1,800 miles (1,200 true miles with the 600 mile Pan Am Southern Railway owned in conjunction with Norfolk Southern) to its 21,000-route mile network CSX will expand its reach in the states ofConnecticut, New York and Massachusetts.

In addition, the Class I will open new markets in the states of Vermont, New Hampshire and Maine. According to CSX's statement:

"'The transaction will provide significant benefits to shippers and local communities as CSX integrates Pan Am into its best-in-class network.

In Pan Am, CSX gains a strong regional rail network in one of the most densely populated markets in the U.S., creating new efficiencies and market opportunities for customers as we continue to grow,'CSX President and CEO James M. Foote said. '

We intend to bring CSX’s customer-centric focus and industry-leading operating model to shippers and industries served by Pan Am.

We look forward to integrating Pan Am into CSX, with substantial benefits to the rail-served industries of the Northeast, and to working in partnership with connecting railroads to provide exceptional supply chain solutions to New England and beyond.'

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The Surface Transportation Board officially approved the takeover in April, 2022 and CSX officially took over operations on June 1, 2022.

In conjunction with this move, Genesee & Wyoming will operate a new subsidiary, the Berkshire & Eastern, which will continue on the former Pan Am Southern.

This operation had been a joint venture between Pan Am and Norfolk Southern that operated the ex-Boston & Maine west of Ayer, Massachusetts.

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FAQs

Who bought Pan Am Railways? ›

Jacksonville, Florida-headquartered CSX has completed its acquisition of Pan Am, which the railroad says will expand CSX's reach into the rapidly growing Northeast region. The Surface Transportation Board approved CSX's request to acquire Pan Am about six weeks ago.

What happened to Pan Am railways? ›

Pan Am Railways parent Pan Am Systems was put up for sale in July 2020. On November 30, 2020, an agreement was announced for CSX Corporation (parent company for CSX Transportation) to acquire Pan Am Systems.

What does CSX stand for on a train? ›

CSX Transportation (it's name deriving with the “C” standing for Chessie, “S” for Seaboard, and “X” an all-encompassing multiplication symbol that “together we are so much more”) is the railroad division of CSX Corporation.

How many locomotives does Pan Am have? ›

Pan Am currently rosters around 102 locomotives whose average age is 40.6 years.

Why is CSX buying Pan Am? ›

CSX will operate Pan Am with a more reliable and more fuel-efficient fleet, significantly reducing fuel consumption and improving rail's environmental footprint in the region.

Is CSX buying Pan Am Railways? ›

JACKSONVILLE, Fla – June 1, 2022 – CSX Corp. (NASDAQ: CSX) today announced it has completed the acquisition of Pan Am Railways, Inc. (Pan Am), expanding its reach into the rapidly growing Northeast region of the country.

Why was Pan Am Cancelled? ›

As Vanity Fair points out, that sort of throwback drama was all the rage on TV at the time, thanks to “Mad Men.” The premiere earned about 11 million viewers on its Sunday night, fall 2011 premiere, but ratings fell quickly, and ABC canceled the series after just 14 episodes.

How much did CSX buy Pan Am for? ›

CSX initially inked a definitive agreement to acquire Pan Am in November 2020. Financial terms of the acquisition were not disclosed, at the time. Media reports pegged the sale price at $700 million.

Why did the Pan Am fail? ›

Pan Am, having once called itself "The World's Most Experienced Airline", eventually filed for bankruptcy protection in January 1991. Due to rising fuel costs, as well as an inability to operate domestic routes the airline was starting to run at a loss.

What is the Chessie System logo? ›

C&O itself had been popularly called "Chessie System" since the 1930s. Chessie System also adopted the "Ches-C" logo, which incorporated the silhouette of the kitten into the "C" of the railroad's name. The Chessie System merged with other railroads to become the CSX Corporation in 1986.

Is CSX stock a good buy? ›

Out of 17 analysts, 7 (41.18%) are recommending CSX as a Strong Buy, 4 (23.53%) are recommending CSX as a Buy, 5 (29.41%) are recommending CSX as a Hold, 0 (0%) are recommending CSX as a Sell, and 1 (5.88%) are recommending CSX as a Strong Sell.

What are the 7 Class 1 railroads? ›

[2] The seven Class I freight railroads are: BNSF Railway Co., Canadian National Railway (Grand Trunk Corporation), Canadian Pacific (Soo Line Corporation), CSX Transportation, Kansas City Southern Railway Co., Norfolk Southern Combined Railroad Subsidiaries, and Union Pacific Railroad Co.

What happened to Pan Am airlines? ›

Attempting to quickly create a domestic system, Pan Am acquired Miami-based National Airlines in 1980. After selling most of its international routes to raise operating funds, Pan Am ended in bankruptcy in December 1991.

Does Conrail exist? ›

It continues to do business as an asset management and network services provider in three Shared Assets Areas that were excluded from the division of its operations during its acquisition by CSX Corporation and the Norfolk Southern Railway.

How big is Pan Am Railways? ›

Including haulage rights, Pan Am stretches 1,700 miles from the Albany, N.Y., area to Maine. It includes the former Maine Central, Boston & Maine, Portland Terminal, and Springfield Terminal railroads.

Who bought CSX Railroad? ›

Pan Am Railways acquisition

As part of the acquisition, Norfolk Southern Railway will gain trackage rights over several CSX lines, and Pan Am Southern, 50 percent owned by Pan Am Railways, will be operated by the Berkshire and Eastern Railroad, a new Genesee & Wyoming subsidiary formed explicitly for this purpose.

Who owns the Pan Am trademark? ›

A Federal Bankruptcy Court judge in Manhattan approved yesterday the sale of Pan Am's name and trademark logo for $1.3 million to Eclipse Holdings Inc. of Rockville, Md.

Does Pan Am still exist? ›

End of an era. On December 4th, 1991, Pan Am formally ceased operations after months of financial distress. Pan Am Flight 436 was the last to carry the airline's flag, flying from Bridgetown, Barbados, to Miami, Florida, on a Boeing 727. By the time the aircraft landed, its operator was no more.

What's the meaning of Pan American? ›

Definition of Pan-American

: of, relating to, or involving the independent republics of North and South America.

Why was Pan Am so famous? ›

During its peak between the late 1950s and early 1970s, Pan Am was world-renowned for its advanced fleet, experienced and highly trained staff, and numerous amenities. In 1970 alone, it flew 11 million passengers to 86 countries, with destinations in every continent save Antarctica.

Do any Pan Am flying boats still exist? ›

Sadly, no B314 Clippers exist today. Below is the catalog showing the fate of the Yankee Clipper and all other B314 flying boats operated by Pan Am and BOAC (British Overseas Airways Corporation).

Why did Pan Am have so many crashes? ›

The engine failures were caused by faulty parts and improper maintenance. Flight 202, operated by Boeing 377-10-26 Stratocruiser Clipper Good Hope, lost control and broke up in mid-air for reasons unknown and crashed in the Amazon Basin some 281 miles southwest of Carolina, Brazil, killing all 50 on board.

What breed is Chessie Cat? ›

Maine Coons, called gentle giants, are the largest breed of domestic cats. Chessie was upward of 24 pounds in his prime-all muscle and prowess.

Is CSX a Chessie? ›

On November 1, 1980, Chessie System merged with Seaboard Coast Line Industries to form CSX Corporation.

How did Chessie System get its name? ›

The C&O's advertising agency built a whole campaign around the kitten and chose the name “Chessie” from the railroad's name. In 1934, the first “Chessie” calendar was produced, with 40,000 copies distributed. Advertisements featuring Chessie appeared in most national magazines as well.

What happened to Pan Am airlines? ›

Attempting to quickly create a domestic system, Pan Am acquired Miami-based National Airlines in 1980. After selling most of its international routes to raise operating funds, Pan Am ended in bankruptcy in December 1991.

What happened to the Boston and Maine Railroad? ›

However, the BC&M was separated in 1889 and merged with the Concord Railroad to form the Concord and Montreal Railroad, which the B&M leased on April 1, 1895, gaining the Concord Railroad's direct line between Nashua and Concord.

Does Conrail exist? ›

It continues to do business as an asset management and network services provider in three Shared Assets Areas that were excluded from the division of its operations during its acquisition by CSX Corporation and the Norfolk Southern Railway.

How many Class 2 railroads are there? ›

Class II railroads are much smaller than Class I railroads, and are often referred to as Regional Railroads. Currently there are about 15 Class II (Regional) railroads that are still in service in the United States.

Videos

1. Why There Are NO Flights Between East Asia & South America
(RealLifeLore)
2. Pan American Boeing 707 Promo Film - 1959
(Classic Airliners & Vintage Pop Culture)
3. Introduction to Intermodal Rail
(Intermodal Association of North America)
4. Search For The Abandoned Train Car Continues - Plus Suprising Find
(JPVideos)
5. Great American Rail-Trail Interactive Map and TrailLink Tutorial
(Rails-to-Trails Conservancy)
6. Rick Kfoury: Portsmouth Branch, February 2020 BMRRHS Meeting Lowell, MA
(Boston & Maine Railroad Historical Society)

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