Surface Transportation Board June 2, 2021 – Federal Register Recent Federal Regulation Documents
Results 1 - 2 of 2
CSX Corporation and CSX Transportation, Inc., et al.-Control and Merger-Pan Am Systems, Inc., Pan Am Railways, Inc., Boston and Maine Corporation, Maine Central Railroad Company, Northern Railroad, Pan Am Southern LLC, Portland Terminal Company, Springfield Terminal Railway Company, Stony Brook Railroad Company, and Vermont & Massachusetts Railroad Company; Norfolk Southern Railway-Trackage Rights Exemption-CSX Transportation, Inc.; Norfolk Southern Railway-Trackage Rights Exemption-Providence & Worcester Railroad; Norfolk Southern Railway-Trackage Rights Exemption-Boston & Maine Corp.; Norfolk Southern Railway-Trackage Rights Exemption-Pan Am Southern LLC; Pittsburg & Shawmut Railroad-Operation Exemption-Pan Am Southern LLC; SMS Rail Lines of New York, LLC-Discontinuance Exemption-in Albany County, N.Y.
The Board rejects as incomplete an application seeking approval for CSX Corporation (CSXC), CSX Transportation, Inc. (CSXT), and 747 Merger Sub 2, Inc., to acquire control of seven rail carriers owned by Pan Am Systems, Inc. (Systems), and Pan Am Railways, Inc. (PAR), and to merge six of those railroads into CSXT. The Board finds that the application fails to include the information needed to satisfy the Market Analysis requirement for a ``significant'' transaction application under our regulations. However, the applicants are permitted to file a revised application.
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