What is the purpose of mergers and acquisitions? It's like a cut throat world, it's survival of the fittest. The roads that were hurting wound up going out of existence, like the pre Conrail railroads, or Western Pacific, Southern Pacific, etc. as stronger railroads like UP gobbled them up. N&W and Southern merged in 1982 to form NS. Chessie and Seaboard merged to form CSX. And CN gobbled up BC Rail, and some Chicago area railroads. Now P&W is gobbled up by a large holding company called Genessee and Wyoming. Didn't they buy Ohio Central from JJJ as well? Are they the same guys who won't allow steam excursions (like 765 and OC steam)? But they are continuing P&W's excursions?
The P&W excursion operation is probably on the way out.
G&W did say they would honor existing contracts for trips,
but most, if not all, have run out. The G&W bean counters
will be unlikely to look favorably on excursion trains...