Pan Am Southern
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| Pan Am Southern | |
|---|---|
| Locale | New England |
| Dates of operation | 2008–Present |
| Track gauge | 4 ft 8½ in (1435 mm) (standard gauge) |
| Headquarters | North Billerica, MA, Norfolk, VA |
On May 15, 2008, Norfolk Southern Railway (NS) announced that it had come to an agreement with Pan Am Railways (PAR) to "create an improved rail route between Albany, N.Y., and the greater Boston, Mass., area called the 'Patriot Corridor'." [1] [2] [3]
Pending STB approval, each of the two companies will own 50% of a new company to be known as Pan Am Southern (PAS). PAR's trackage between Ayer, Massachusetts and Mechanicville, New York will be transferred to PAS and will continue to be operated and maintained by PAR's Springfield Terminal Railway subsidiary. NS will transfer to PAS cash and property valued at $140 million.
Planned improvements to the route include track and signal upgrades, and expansion of terminals, including construction of new automotive and intermodal terminals.
[edit] External links
- Norfolk Southern Railway official web site
- Pan Am Railways official web site
[edit] References
- ^ Norfolk Southern Corp. (2008-05-15). "Pan Am Railways and Norfolk Southern Create the Patriot Corridor to Improve Rail Service and Expand Capacity in New York and New England". Press release. Retrieved on 2008-05-15.
- ^ Introducing the Patriot Corridor (PDF). Norfolk Southern Corp. (2008-05-16). Retrieved on 2008-05-16.
- ^ The Associated Press. "2 railroad freight companies combine effort", AP Business News, Worcester Telegram & Gazette, 2008-05-15. Retrieved on 2008-05-16.
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