CSXThe Amtrak Downeaster will soon have a new host railroad - CSX. The freight railroad has agreed to acquire Pan Am Railways' northern New England network for an estimated $700 million. The details of the agreement, which are not yet public, will be reviewed by the U.S. Surface Transportation Board.

NNEPRA Executive Director Patricia Quinn told TrainRidersNE: "We have enjoyed a long and productive working relationship with Pan Am Railways which we look forward to continuing with this new partner, in a new era, filled with opportunity."

Pan Am President David A. Fink said this about the upcoming merger, "Pan Am is pleased to reach this agreement with CSX, a North American leader in rail-based freight transportation. This is great news for New England shippers and the national freight network overall.”

A full article from Trains Magazine.

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