CSX completed the acquisition of Pan Am Railways.

CSX, an international freight transportation company, completed the acquisition of Pan Am Railways, a holding company that owns and operates regional railroads. Financial terms were not disclosed. “In Pan Am, CSX gains a strong regional rail network in one of the most densely populated markets in the US, creating new efficiencies and market opportunities for customers as we continue to grow. We intend to bring CSX’s customer-centric focus and industry-leading operating model to shippers and industries served by Pan Am,” James M. Foote, CSX President and CEO. On April 14, 2022, CSX receives approval to acquire Pan Am Railways.