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NS buying pan am

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  • Member since
    February 2012
  • From: CAPE CORAL FLA
  • 511 posts
NS buying pan am
Posted by thomas81z on Friday, June 17, 2016 11:08 AM

Title says it all,

The meeting between NS & PAN AM.     was yesterday about buy pan am all the way to waterville ME.wanted to see if anybody had any official  news or press release 

Tags: NS. PAN AM
  • Member since
    March 2016
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Posted by CandOforprogress2 on Friday, June 17, 2016 11:16 AM

If true its about freaking time

  • Member since
    November 2003
  • From: Rhode Island
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Posted by carnej1 on Friday, June 17, 2016 11:23 AM

Apparently no news yet..

On another Northeast oriented Railfan forum that I am a member of there is a lot of speculation that Norfolk Southern will buy the Pan Am Southern (Mechanicsville,New York to Ayer, Ma. with branches North to connect with the New England Central and South to connect with the Connecticut Southern) section of PAR and shortline/regional railroad operator Watco will get the rest.

 Supposedly Watco and Pan Am officials have been meeting lately as well..

 

"I Often Dream of Trains"-From the Album of the Same Name by Robyn Hitchcock

  • Member since
    February 2012
  • From: CAPE CORAL FLA
  • 511 posts
Posted by thomas81z on Friday, June 17, 2016 1:56 PM

pan am southern will be part of the overall deal & watco wants the old maine central lines east of waterville. They are also talking to NHN so its gonna be iinteresting

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Posted by rcdrye on Friday, June 17, 2016 3:44 PM

The lines "north and south" are now owned by Massachusetts and operated under rights by Pan Am Southern.  This was part of the deal that put the "Vermonter" on the historic B&M Conn River Line between Northfield MA and Springfield MA.  A purchaser (say - NS) would get those rights along with the rest of PAS.

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