Why Does CSX Want Pan Am Railways? - Shortline's Rail News & Comment Episode 3

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Shortline819

Shortline819

2 жыл бұрын

CSX's unexpected acquisition of Pan Am Railways has been very much in the news since it was announced back in November 2020. Why is CSX doing this and what might the New England Rail Map look like if it's approved?
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Video Credits:
Thumbnail Photo Credit: Wikipedia.
CSX-PAR-PAS Map: www.railwayage.com/wp-content...
PAR-PAS Map: www.nhsec.nh.gov/projects/201...
CSX-PAR Hearings Trains Magazine Article: www.trains.com/trn/news-revie...
CSX-PAR-Amtrak Trains Magazine Article: www.trains.com/trn/news-revie...
CSX-PAR Hearings Railfan & Railroad Article: railfan.com/csx-makes-final-c...
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My Social Media:
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About Me:
Hello Everybody! My name is Shortline614. I mostly play games such as Team Fortress 2, Minecraft, Kerbal Space Program, and sometimes others. I also like to make videos about things I'm interested in, such as railroads and spaceflight.

Пікірлер: 139
@Shortline819
@Shortline819 2 жыл бұрын
What do all of you think? While I generally support the merger I am concerned about both Pam Am Southern and the Vermont Rail System. The Surf Board should force CSX to sell their 50% in PAS as a condition of the merger to maintain competition and prevent a near-monopoly. The next video will either be on the BNSF strike or the weird autonomous intermodal car concept. I'm leaning towards the former.
@codasd2785
@codasd2785 2 жыл бұрын
On the 2nd day of the STB hearing CSX brought up a forced sale as part of the merger. Their issue was that would make it a fire sale and could put the whole transaction in jeopardy. NS can match any offer when CSX does put their half up for sale.
@Maine_Railfan
@Maine_Railfan 2 жыл бұрын
Based off of how little this sale will actually benefit shippers, I have a feeling it is going to be blocked. All around, both CSX and STB look like they have no idea what they are talking about. I/e locations on the railroad, the entire slideshow that CSX presented which had the worst spots on Pan Am (regardless of location) while showing only the good spots on the CSX network (there are lines in Mass which are 100 times worse than some of Pan Am's track). Not to mention the elephant in the room, which is the $100 million in upgrades CSX is promising. Mind you that $80 million of that is in the form of federal grants that Pan Am obtained a few years ago and has already started work on prior to the sale. Seeing that CSX is intending on upgrading the Worchester Main Line, that is going to be at least 15-17 million, so in the long run very little will be going to fix the 200 miles of branch lines some of which, see more traffic than the main line. In the end, CSX is going to be dumping close to $850 million between the sale cost and track upgrades, on a railroad which is only expected to have 1% traffic growth after 5 years. In the end, the best thing to happen to the sale is if it got blocked and another operator step in. CN and Grupo Mexico both toured and placed bids. There was also a group of former and current Pan Am executives who were trying to buy the railroad, but in that case funding was the main issue.
@Richb750
@Richb750 2 жыл бұрын
The sale was approved! Bye bye 👋 pan am
@Maine_Railfan
@Maine_Railfan 2 жыл бұрын
@@Richb750 I still don't understand how it was. But oh well I guess, when the shippers that sent in letters of approval for the sale, get denied service by CSX for minute reasons or get the poor service CSX is known for when it comes to smaller customers, they will be wishing that Pan Am was still around...
@Richb750
@Richb750 2 жыл бұрын
@@Maine_Railfan just about every rail customer in Maine is happy to see pan am go! That kind of tells you something right there of the service they’ve been getting. And not only in Maine either the surrounding states too!
@GrnArrow092
@GrnArrow092 2 жыл бұрын
As someone who lives in Central Maine, I hope the CSX acquisition of Pan Am Railways will be beneficial to Maine. I've seen Maine Central go broke and Guilford/PAR move in. Pan Am Railways did fine, but I hated the fact that they abandoned the Calais Branch and the former Maine Central Lower Road when the company acquired MEC in 1981. PAR over the years did minimal upkeep on the former Maine Central tracks they acquired and that allowed the condition of the tracks to deteriorate. It's my hopes that CSX will invest in Maine's railroads to repair them as well as improve them. Improving the former Maine Central routes would allow CSX to ship more freight through Maine from Canada and it would be in their best interest to do so if they want to benefit from the PAR acquisition.
@buixrule
@buixrule Жыл бұрын
Would love to see the Calais branch come back to life. But it looks like that's not even in the conversation. Not to mention from what I've seen, Calais yard and surrounding area is park and walking paths now. There's one tiny stretch in Ellsworth which is a scenic rail which usually means death to a line. Lastly, is there any industry on the Calais branch anymore that could benefit from rail over truck? They've lived without rails for almost half a century at this point. Would still love to see it. CSX if anyone has the capital to do it though.
@NguageTrains
@NguageTrains 9 ай бұрын
@@buixrulerailroad still owns the walking path, it’s just a lease agreement…. Anytime the railroad can come back in and utilize it
@neighborhoodpranksters6214
@neighborhoodpranksters6214 2 жыл бұрын
Bangin video bro, look forward to more ones
@DROIDFARM
@DROIDFARM 2 жыл бұрын
Dude really intersting stuff! I have liked and subscribed so I can absorb some of your knowledge about railroads!
@Shortline819
@Shortline819 2 жыл бұрын
Thanks! I've been busy so I haven't been able to make videos for the past few weeks but I hope to make a video this weekend.
@DROIDFARM
@DROIDFARM 2 жыл бұрын
@@Shortline819 I am excited to see it! I am so new to this space I only really know the main rail road companies and had no idea there was one called Pan Am lol was it owned by the airline at some point or these guys just appropriated the name?
@Shortline819
@Shortline819 2 жыл бұрын
@@DROIDFARM Pan Am Railways was originally called the Guilford Rail System. It was formed in the early 80s when Timothy Mellon, a billionaire banker, bought several struggling New England railroads and merged them. In the late 90s Mellon bought the rights to the Pan Am name with the hope of restarting the airline. (He wasn't successful.) Afterwards he rebranded all of his companies, including the Guilford, to Pan Am. It's a great name. Too bad Pan Am Railways itself is kind of an awful company.
@knowannabee783
@knowannabee783 2 жыл бұрын
Great video. Love seeing videos with commentary. Worth a sub. The lines from Bangor north to Mattawamkeag junction will need a lot of attention. Trains only run once a week with I think only 4 customers(super fund clean upside in orrington , old town mill that doesn't move much stock, tie chipping facility at Mattawamkeag junction, and new finished lumber customer in Enfield. With end of the papermill era a lot of these lines are hanging around on life support. With the closing of the Bucksport mill and the SFCS in orrington coming to completion the Bucksport line will likely be abandoned. There was also abandonment talk about the line north previously mentioned. Most traffic flows noth via cp from NMJ to Brownsville Junction and then goes east passing the Mattawamkeag junction via EMR, west on cp, or north via NMR. Easport and Calais branch are another whole book of tears.
@sglr5025
@sglr5025 2 жыл бұрын
My family lives up by mattawamkeag and they haven’t seen a train in months. The only trains that have come by are is OT-1 or BAMA for the wood chip mill and I caught the last train coming through over Thanksgiving Break. Ever since then each time I go up there the track slowly degrades and the crossings malfunction.
@buixrule
@buixrule Жыл бұрын
Yeah Maine is just a pathetic book of tears in general when it comes to industry and business friendliness. As industry goes, so go the rails. Soon Maine will have an average resident age of 90 years old, since nobody who grows up here can stay here unless you want to be poor and without a job.
@Kendallian132
@Kendallian132 2 жыл бұрын
In addition to its forestry resources, Maine has VAST mineral resources which, in years to come, are going to be extremely valuable to anyone that can gain access to them. There is currently an environmental restriction inhibiting large-scale mineral development in the State of Maine (something like 12 acres maximum). That can change, however. Additionally, seasonal agricultural traffic lost decades ago is starting to return to the rails. With the increases in fuel costs, I can only foresee that trend accelerating. We just came back (yesterday) from the Maritimes and I decided to cross the border at McAdam/Vanceboro rather than the usual Calais or Houlton. St. Croix/Vanceboro is a fairly quiet road crossing, but the NBS/CP crosses there on the line from Brownville Jct. to Saint John and it appeared that it was noticeably busier. Indeed, McAdam itself looked busier and in better shape than I'd ever seen it (in the past 40 years). I saw that they are constructing a new Customs compound adjacent to the old Vanceboro Depot for clearing trains through US Customs. The Agent we spoke with said that they've been informed that there is going to be a "huge" increase in intermodal traffic going to both Saint John and the new terminal in McAdam. Saint John is undergoing a massive expansion of its port. I'm not sure what the plan is for McAdam, however, since it's pretty isolated from the larger highway networks (it's 60 miles from I-95 in Maine over a twisty and narrow Maine Rte. 6, and 35 miles or so from Trans-Canada 2 over a twisty (but really, really beautiful NB Rte. 3. Only time will tell I suppose. One thing is for sure though; Irving has a habit of building business and making money just about everywhere they go. This CSX thing allows them the possibility/option of playing CSX and CP against each other. Irving is pretty well capitalized and exercises a HUGE amount of political and financial sway in Eastern Canada with a growing presence in Northern New England.
@Trublemaker12
@Trublemaker12 2 жыл бұрын
Mellon is just trying to make some fast cash before he goes into the forever box, pan am wouldn't be in disrepair if Mellon wasn't milking it for every penny. At least it will be in better hands with csx but it will be sad not seeing those blue dip c40's run when they finally take over
@Maine_Railfan
@Maine_Railfan 2 жыл бұрын
By no means will Pan Am be in better hands under CSX. The track might be improved marginally thanks to federal grants Pan Am got 2 years ago, but there will be a lot of shippers lost once CSX implements PSR.
@nathandefayette2253
@nathandefayette2253 2 жыл бұрын
@@Maine_Railfan CSX has been fully implementing PSR since Hunter started there 5 years ago.
@Maine_Railfan
@Maine_Railfan 2 жыл бұрын
@@nathandefayette2253 I am well aware.
@benhartin5499
@benhartin5499 2 жыл бұрын
Having seen how traffic moves in Maine, CSX isn't going to make any profit off the sale. Most of the Irving products that go CP or CN go to either Chicago or the west coast. CSX would have to offer better rates, but that would reduce the amount of return they are getting from the Pan Am property. CSX is paying roughly $800 Million for Pan Am on top of the $100 Million in upgrades ($80 Million of which was already going to be done under Pan Am in the form of grants). CSX claims to be focusing on oil traffic to and from Saint John. Which is a traffic source which doesn't exist since Irving built a fleet of ships to haul oil from the gulf of Mexico to Saint John. I think CSX is actually trying to compete with CP for intermodal business from Saint John, although CP has significantly less invested and they have a shorter route and better track than what CSX will have. Having known people who rode the CP OCS, Keith Creel was disappointed by how much traffic had been created at the port, considering that CP has advertised the service for 3 years and has yet to land a contract besides a few domestic contracts and some detour traffic when the port of Montreal gets too full. Since CSX is in full PSR mode, I doubt that many of the customers will see better service under CSX, since many of them are the type of shipper that CSX likes to jerk around because they don't ship more than a few hundred cars a year. At the end of the day, for how many jobs will be lost from closing the two shop facilities (which will happen despite CSX's promises), the loss of smaller shippers, and the lack of traffic that CSX is aiming to cater to, the sale has virtually no benefits.
@burlingtonfan7492
@burlingtonfan7492 2 жыл бұрын
With this merger coming up I think CSX is gonna abandon the Peabody industrial line. Pan Am maintained it so poorly they couldn’t even replace damaged crossbucks. I think the line only serves one or two customers once per week so it isn’t worth the repair. The line is the last industrial branchline in the county, and it’s right in my backyard, so it’d be sad if it went
@tropicalties3806
@tropicalties3806 2 жыл бұрын
It's here to stay. Lots of bone and acid going into the Kodach plant in Peabody. Most runs are 15-20 cars at a wack.
@burlingtonfan7492
@burlingtonfan7492 2 жыл бұрын
@@tropicalties3806 15-20 cars? Jesus I didn’t think they were that long. Last time I checked they were doing 7 car trains or so
@tropicalties3806
@tropicalties3806 2 жыл бұрын
They've been getting pretty busy down there for awhile now. More and more common to see these bigger trains on the Branch.
@burlingtonfan7492
@burlingtonfan7492 2 жыл бұрын
wonder why that is
@interstellarphred
@interstellarphred 2 жыл бұрын
The PAN AM logo in Year 2001, was certainly emblazoned on a conveyance not as futuristic, and much slower, than depicted in Stanly Kubrick's 1968 motion picture.
@Shortline819
@Shortline819 2 жыл бұрын
Would have preferred that Pan Am.
@jackdunk2104
@jackdunk2104 2 жыл бұрын
I oppose the CSX pan am merger because the MBTA needs to extend the Fitchburg passenger commuter rail line to greenfield Massachusetts
@mikewoodbury7248
@mikewoodbury7248 2 жыл бұрын
Somebody needs to buy keolis/mbta. World’s worst railroad. They get more money and funding for south coast rail project,but can’t keep up and maintain what they got !! And still crying about money. Biggest waist of money for Massachusetts. But freight traffic is increasing on the south shore so I’m happy for that and new tracks and new locomotives!!!!
@armandoperez7967
@armandoperez7967 2 жыл бұрын
I am surprised that NS didn’t demand full control of Pan Am Southern and Maine trackage rights.
@brianburns7211
@brianburns7211 2 жыл бұрын
It doesn’t fit with PSR.
@michaeltackett3101
@michaeltackett3101 Жыл бұрын
Csx is bigger and has better stuff then Norfolk southern bud
@armandoperez7967
@armandoperez7967 Жыл бұрын
@@michaeltackett3101 it amazes me that for so many years, NS was seen as the superior eastern Class One and that it has fallen so quickly. CSX was seen as the one that was poorly run in comparison to the other. Even going back further, when Norfolk Southern predecessors Norfolk and Western, Southern, and the Virginian Railways were separate, they were perceived as superior to CSX predecessors Chessie System and the Family Lines. Way before PSR and two man crews, Norfolk and Western was a powerhouse with an operating ratio in the 60s and only Santa Fe and Union Pacific held a candle to them, it was so powerful that it tripled in size by buying the Wabash and the Nickle Plate. Southern Railway was lean and efficient. Both were well maintained. Virginian hauled nothing but coal and was strong as well. Of the CSX predecessors, Atlantic Coast Line was strong as was the Clinchfield, but the Seaboard Air Line was a notch below them and the Louisville and Nashville was seen as a run down property. Chessie System was made up of the strong Chesapeake and Ohio and the weaker Baltimore and Ohio and the Western Maryland. After their mergers, NS preserved its branches and lesser lines and generally, until recently took better care of the customer than CSX, known for abandoning any lines that weren’t profitable enough, such as the line through Norlina, as well as alienating the smaller customers who have turned to the rubber tired transportation en masse.
@georgebenson6036
@georgebenson6036 Жыл бұрын
Very informative video. Thanks for sharing.
@Shortline819
@Shortline819 Жыл бұрын
No prob!
@RaisedLetter
@RaisedLetter 2 жыл бұрын
Really did wish that Amtrak was talked about in a bit more. Considering multiples projects on the B&A line and on Pan Am between Ballardvalle and Brunswick would also shape how CSX has to arrange this deal.
@OntarioTrafficMan
@OntarioTrafficMan 2 жыл бұрын
I'm also wondering about the Albany-Springfield-Worcester railway, given that Amtrak has generally been unable to increase service due to how important the line is to CSX. If CSX were to shift some of its traffic over to the Pan Am Southern, it could free up space for more Amtrak services such as New York - Boston via Springfield, and/or Toronto-Boston
@RaisedLetter
@RaisedLetter 2 жыл бұрын
@@OntarioTrafficMan definitely with the whole East-West Passenger Rail study that MA is doing, it would highly benefit CSX to utilize another line.
@Prostyle0079
@Prostyle0079 2 жыл бұрын
CSX just needs to re- double the Boston line where it's single track and problem solved
@jason2wheels546
@jason2wheels546 2 жыл бұрын
I'm hoping they develop the seacoast N.H. region to be better than it is. I've watched as this area went from having a decent rail population to mostly through traffic with a little action in dover and portsmouth
@cobraspottedwolf8791
@cobraspottedwolf8791 Жыл бұрын
Jd Irving owns Cavendish farms which has a huge french fry factory in Jamestown north Dakota. I think 🤔
@Shortline819
@Shortline819 Жыл бұрын
They own a bunch of things.
@jlet4ever
@jlet4ever 2 жыл бұрын
CSX wants all in their vision. I liked Chessie the Cat when it was tame.
@spamcan5
@spamcan5 2 жыл бұрын
I didn't watch all of this just yet but I really wanna know what they will do with pan ams locomotive, specifically the guilford painted ones, considering I haven't seen one yet I really want to see those old guilfords before they're no longer a thing
@unknownPLfan
@unknownPLfan 2 жыл бұрын
This is super niche, way too wonky for me, even though I like trains a lot. But, there's a pan am railway line directly behind my house. So, I'm curious. Also absolutely wild that a random class II railroad in New England bought the branding rights for one of the most iconic airlines in history and now I see Pan Am box cars running behind my house.
@Shortline819
@Shortline819 2 жыл бұрын
Railroad history is very wacky indeed.
@natgass8102
@natgass8102 2 жыл бұрын
I understand stand that Tim Melon bought the PamAm name and logo out of the bankruptcy auction and first used it to start a small commuter airline they flew too and from Nantucket. He then slapped the name of what he called Guildford Transportation which was the B & M and other railroad properties. It didn’t make any sense when he did it and still doesn’t too me today.
@dvdbluraydude3038
@dvdbluraydude3038 2 жыл бұрын
Maine has some very active ports and up until recently didn’t have any Class1’s operating in the state. CP just purchased The Central Maine & Quebec and CSX with the Pan Am is just a smaller part of the plan for these carriers to build their transcontinental railroads. Also when the big mergers start to happen it will be easier for them to pitch it to the STB for competition reasons, given two Class1’s operating in New England instead of only one. Just my opinion..
@Shortline819
@Shortline819 2 жыл бұрын
Up until recently it felt like New England was it's own world in terms of railroading. Although I'd say the Class Is are more after Saint John than any Maine port. Both Searsport and Portland have too many NIMBYs to expand further, even if the two ports have the space.
@dvdbluraydude3038
@dvdbluraydude3038 2 жыл бұрын
@@Shortline819 As far as railroads go it looked like New England was in its own country until recently. I know very little about Saint Johns but tiny Searsport got hot a few years ago.
@Shortline819
@Shortline819 2 жыл бұрын
@@dvdbluraydude3038 Saint John has been undergoing a massive expansion in the past 10 years. Searsport tried to expand but NIMBYs blocked it.
@benhartin5499
@benhartin5499 2 жыл бұрын
@@Shortline819 everyone keeps thinking Saint John will be the next Long Beach. You might see 3-4 more trains added on the NBSR side. In the end, NBSR could care less about the containers and any other traffic that comes about. The Iving family didn't buy the track to haul freight for someone else, they are only interested in moving their own raw materials and finished goods by rail. Everything else comes second. Also another factor is that they are content with 25 MPH trackage as well as the fairly short sidings they have with hand throw switches. And the railroad is too valuable for the Irving family to sell, considering that the only expenditures they have are the crews pay and the crude oil that they refine for the diesel fuel. In the end I look at it like this. All this traffic that is coming about can be looked at as a expensive sports car. But that sports car wont be going very far if it has a Prius engine in it.
@svenmartin840
@svenmartin840 2 жыл бұрын
Norfolk Southern will file a lawsuit big time!!!!
@Peter-xo6bn
@Peter-xo6bn 2 жыл бұрын
Good video however please skip the background music it is distracting . I have been a railfan of the B&A since NYC last year on that line. IMO the B&A could easily handle traffic from the patriot corridor if another issue with the tunnel occurs . I watched all 16 hours of the STB video and IMO I believe it will be approved.
@jetx_47
@jetx_47 2 жыл бұрын
Pan Am is already pretty screwed...it will be interesting to see this name finally be a fallen flag
@dilland6948
@dilland6948 2 жыл бұрын
I agree
@RailFanRob
@RailFanRob 2 жыл бұрын
very informative ...i was wondering what the deal was there but i still don't think we know the entire reason...
@Shortline819
@Shortline819 2 жыл бұрын
I'm just going off of what I read. I don't know the entire reason nor do I think us members of the general public will ever know.
@RailFanRob
@RailFanRob 2 жыл бұрын
@@Shortline819 I hear ya man... Don't get me wrong about my statement. I appreciate your research and explanation... Very informative and a lot more in depth than I could ever go. Thanks for sharing your insight...
@Richb750
@Richb750 2 жыл бұрын
I’m so happy the sale was approved! This is great for New England 🙂
@nickprzekopowski_railfan1543
@nickprzekopowski_railfan1543 2 жыл бұрын
Only thing CSX will be upgrade Maine railroad tracks, possibly adding double tracks that’s I heard about it!
@tropicalties3806
@tropicalties3806 2 жыл бұрын
Yeah they want doube track from MP 273 up to Rigby yard for starters. CSX will need it if they are going to be running time sensitive trains as they've mentioned. NNEPRA is fully on board with it as they want add a ton of passenger service west of Portland, M.E
@Maine_Railfan
@Maine_Railfan 2 жыл бұрын
@@tropicalties3806 there is no double tracking to be done, besides either a short siding extension, or the addition of a 1.5 mile passing track.
@Maine_Railfan
@Maine_Railfan 2 жыл бұрын
Yeah and thats only because Pan Am has 80 Million in grants that were awarded two years ago, so CSX only has to spend about 1/8th of that cost while the rest is paid for by the tax payers...
@michaeltackett3101
@michaeltackett3101 Жыл бұрын
@@Maine_Railfan it can be done lol
@jfmezei
@jfmezei 2 жыл бұрын
Cycling down Lake Champlain and Hudson, I got the impression that CP isn't interested in Montreal-Whitehall, but between Whitehall and Albany, there is quite a bit of traffic. Just an impression. So does CP actually get sigificant traffic from vermont railways at Whitehall? or is it just a bit player in the area, taking cars from vermon railways and handing them to CSX/NS at Albany? Considering CP had abandonned its line to St-John and only recently bought the lie back in sad shape, (and getting Canadian government to pay to reroute around Lac Mégantic) I am curiuous if their line to New brunswick via Maine will regain business from decades of abandonment.
@Shortline819
@Shortline819 2 жыл бұрын
CP, VRS, and G&W do have a unified routing they call the "Green Mountain Gateway" that has added traffic that otherwise wouldn't be there, so I wouldn't say they aren't interested, but it isn't the main focus of the line. I've heard rumors that CP wants to shift VRS traffic from Whitehall to Newport presumably to create a more direct Canada-Southern New England routing. VRS's play to finally link the Washington County Railroad with trackage rights would line up with this strategy. Yet again, just internet rumors.
@jfmezei
@jfmezei 2 жыл бұрын
@@Shortline819 It feels odds to hear talk of CP dealing with such "small" traffic since they have focused since the 1980s on ripping apart such tracks and focusing only on large volume shippers. Last year, they single tracked Winchester div between Dorion and Smiths Falls, leaving them with a rickety 1 track between Montréal and Toronto. They bought back their former line through Maine in large part because of federeal govt subsidy to rebuild it and go around Lac Mégantic. Curious how much business could flow between CP Québec and Newport towards east coast.
@benhartin5499
@benhartin5499 2 жыл бұрын
CP has been loosing business that CMQ had been hauling due to poor service, high rates, and lack of customer support. So I have my doubts that the expansion will ever pay off. At the end of the day, all of the proposed container traffic has to go over a railroad which has no interest in acting as a common carrier.
@yeahman70
@yeahman70 2 жыл бұрын
3:01 actually NS goes via Mechanicville, not Rotterdam Junction
@Shortline819
@Shortline819 2 жыл бұрын
My mistake.
@TexanMAGABOI
@TexanMAGABOI 2 жыл бұрын
Honestly id like to see NS produce a counter offer
@Shortline819
@Shortline819 2 жыл бұрын
Far too late for that. NS had their chance and missed it.
@gnarlyalso
@gnarlyalso Жыл бұрын
I wonder if all the Irving traffic will go to CP, now that the CP/KCS merger has been approved?
@barkpeeler7466
@barkpeeler7466 2 жыл бұрын
It's Brownville (not Brownsville) Jct, ALL-bany not AL-bany and Mat-ah-WAHM (rhymes with prom) -keg
@dknowles60
@dknowles60 2 жыл бұрын
wrong. csx B&a could handle the traffic . just a little more double track some more and longer sidings and more sidings. the queston is what is cheaper fixing the tunnel or fixing up the B&A. dont for get the NYC once moved a lot more traffic then the CSX and Pan am more today
@tropicalties3806
@tropicalties3806 2 жыл бұрын
Yup! Remember the 30 trains a day they running until 2008!
@phreshone1
@phreshone1 2 жыл бұрын
Whichever is cheaper might not get done without controlling both lines
@professorofpi
@professorofpi 2 жыл бұрын
This is sick as fuck. Thank you.
@OntarioTrafficMan
@OntarioTrafficMan 2 жыл бұрын
You mention that CP's takeover of the CMQ and CSX's takeover of Pan Am is driven by growth of the port of Saint John, but is there a larger underlying factor which is causing Class I Railways to buy up more shortlines - often along routes which they sold off in the first place? Why did CP think it was a good idea to sell of their eastern QC, ME and NB lines in 1993, and now they think it's a good decision to buy them back? On top of those examples, CN took operations of its own Toronto-Kitchener-London line back from GEXR (G&W), after leasing it to them in 1996 citing redundancy with their Toronto-Brantford-London mainline. It all seems like a total change in mentality compared to the past 30 years where the Class 1s were skeletalizing their networks by ditching minor routes to shortline railways.
@Shortline819
@Shortline819 2 жыл бұрын
BNSF has also been doing this too - ending the lease of shortlines they spun-off decades ago. I only wonder who will be bought next? I do not know everything about every shortline so I cannot answer that question.
@OntarioTrafficMan
@OntarioTrafficMan 2 жыл бұрын
​@@Shortline819 Fair enough, I was just wondering if you had any theories. Although you may not know everything, you certainly have clearly been following freight rail more closely than I have!
@Shortline819
@Shortline819 2 жыл бұрын
I only know what I read, but in my opinion, it's about growth. Growth is hard. Going out and growing by recruiting new shippers is especially hard to do compared to growing by simply buying another railroad with an existing traffic base that compliments your own. You also have to look at the philosophy of the various railroads. BNSF and CN being more "traditionally" growth-minded railroads will not renew the lease of a shortline, take it back, and try to grow traffic themselves. CSX and CP are a bit more flashy with their acquisitions, big press releases and all, but also focus on long-term growth prospects. (The CMQ acquisition was never expected to be a home-run overnight. Pan Am is the same.) Of course, CPKC blasts everything out of the water in terms of traffic growth for obvious reasons.
@benhartin5499
@benhartin5499 2 жыл бұрын
In the 90's CP was loosing business since Saint John was outdated and had extreme tides, and CP had their sights set on the port of Philadelphia after the purchase of the D&H which ultimately flopped. Honestly, I see the same thing happening with Saint John. CP drove a lot of business to Pan Am and CN and they have been hauling 30% less freight than CMQ with a 75% employee turnover rate. Mind you Siant John has been expanding since 2017 and there were test loads done by Pan Am and CMQ. Atleast with Pan Am, they found that even if they upgraded the main to 60+ that they could never compete with the CN or CMQ routing. So I really see Saint John being the next big flop, which mind you the reason why the port was canned the first time was due to some of the most dramatic tides in the world.
@flashcar60
@flashcar60 2 жыл бұрын
Will the Hoosic Tunnel ever be heightened for double stacks?
@briansaxby5357
@briansaxby5357 2 жыл бұрын
I doubt it
@tropicalties3806
@tropicalties3806 2 жыл бұрын
I appreciate the effort gone into this video. However I will say more research needed to be done before making this. You came close on some things but no cigar. There's a lot behind the scenes that will blow your mind why Mellon is doing what he's doing. Drop me a line sometime. I'd love to chat.
@Shortline819
@Shortline819 2 жыл бұрын
I only know what I read and very unfortunately cannot read Timothy Mellon's mind. My youtube channel's email should be linked on thr about page. Like to heat what you have to say.
@tropicalties3806
@tropicalties3806 2 жыл бұрын
Thanks for the quick reply. I saw a bunch of links for your steam, Discord etc, but no email.
@Shortline819
@Shortline819 2 жыл бұрын
@@tropicalties3806 Shortlinepro@gmail.com is my channel's email. Thought I had it up. I'll fix that.
@natgass8102
@natgass8102 2 жыл бұрын
so what are some of the interesting behind the scenes that you are referring to, inquiring minds would be interested to know, thanks!
@benhartin5499
@benhartin5499 2 жыл бұрын
What exactly is going on? Because I find it hard that someone on youtube knows more than the Pan Am executives I am still in contact with, after leaving that soul sucking company.
@eliwilson97
@eliwilson97 2 жыл бұрын
"ancient locomotives"? Their current roster is spot on with most other Class 2 railroads with EMD SD40-2's/GP40's and the like. They are the best, most flexible and efficient types of locomotives for just about any Class 2, I know from experience.
@brianburns7211
@brianburns7211 2 жыл бұрын
Actually Guilford has quite a large roster of late 1980s, early 1990s -8 GE.
@traviszuluaga5672
@traviszuluaga5672 2 жыл бұрын
The B&A definitely cannot handle all that traffic. It’s already pretty saturated as it is. We always have trains that don’t make origination due to crew shortages or power shortages. Also, going up the mountain can be difficult. There are tonnage restrictions and trains stall quite often.
@nathandefayette2253
@nathandefayette2253 2 жыл бұрын
So, coming from the perspective of an angry NS employee who's career as a whole is in potential grave danger from this sale... all I really got out of this is that Pan Am sucks (well known fact) and CSX just wants an interchange free path to run construction material traffic to the south. But the sheer amount of money CSX is putting in alone to rehab the old Albany main from Delanson to Voorheesville (up to and including building a totally new controlled point in Voorheesvile or expanding the existing CP VO) JUST to allow NS to continue to run the 22/23K trains to (that CSX is eventually probably going to take away anyway) just to keep NS happy and quiet still isn't making any sense at all. Not attacking the poster, honestly this video is the closest thing to an answer anyone has gotten yet, but it still makes no sense. And another scary part is circumventing the Canadians and taking that business off them and running it over CSX is another detrimental blow to the former D&H lines because that traffic anymore since PSR makes up a solid 40% of what runs there. I just can't see the big picture I guess. If they wanted to take over Pan Am just for the sake of finally erasing Pan Am from the history books and renewing, growing and continuing what they do now, that might make some level of sense.
@ljones121
@ljones121 Жыл бұрын
The only thing I can think of is CSX sees either potential intermodel traffic from Halifax or ports in Maine and Massachusetts, interchange with CP and it's easier to buy off your opposition to the merger by doing a little bit of a physical plant alteration at Voorheesville, and it essentially eliminates the headache of the Hossaic tunnel for both railroads, and just burdens the way smaller G&W with it. And honestly the Canadians as far as the D&H is worth have their hands full with getting their paws on KCS to really fuss.
@stellacatfish
@stellacatfish 2 жыл бұрын
Seen some pretty ugly junk from Pan Am in Worcester county Ma. Probably should have gotten a tetanus shot..
@christophertracy9944
@christophertracy9944 2 жыл бұрын
Matt-a-wam-kegg
@dknowles60
@dknowles60 2 жыл бұрын
CSX does not maintane track to well
@Shortline819
@Shortline819 2 жыл бұрын
Maintains it better than Pan Am. (Which is really saying something.)
@Maine_Railfan
@Maine_Railfan 2 жыл бұрын
@@Shortline819 besides the B&A, most of the track in Mass is worse than 90% of Pan Am's track.
@cdavid8139
@cdavid8139 2 жыл бұрын
Given the massive amount of tonnage they haul I have to disagree with you there
@Maine_Railfan
@Maine_Railfan 2 жыл бұрын
@@cdavid8139 look at any of the non state maintained track they operate in Mass, it makes some of Pan Am’s branches look like a 60 MPH main.
@cdavid8139
@cdavid8139 2 жыл бұрын
@@Maine_Railfan Your comment wasn't specific to Maine. IF you had said CSXT does not maintain track in Mass well that would be different. Your comment seems directed to CSXT as a whole.
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