I wonder if by opening an intermodal terminal in Portland, CSX is looking to capture Maine or NB paper traffic that is now railed down to Ayer and loaded into containers that head west on the NS intermodal train?
eolesen wrote: ↑Sun Jun 13, 2021 2:19 pm Yeah, but those down-payments or breakup fees are usually only enforced when someone voluntarily walks away from a deal.Not true, at least not in other industries (I can't speak specifically about railroads). AT&T had to pay T-Mobile a big chunk of change when that merger was denied; I believe Staples also had to do the same for Office Depot / OfficeMax.
CN9634 wrote: Also, there are major distribution facilities in Portland for Hannaford, Office Max...The Office Max / Office Depot DC in Portland closed two years ago; Eimskip is in there now.
l008com wrote: ↑Thu Jun 17, 2021 8:44 am Anyone have an update/summary of what's going on with this? I only found out about it a few weeks ago. Is it going through? When is it going through? What does it realistically mean for the current Pan Am routes? More traffic? Less traffic? Same traffic?Short form: the STB has ruled that this is classified as a Significant Transaction, and is requiring Pan Am and CSX to file more extensive paperwork; overall things are in a holding pattern while that's being worked on. You can see all the filings (make sure you choose Filings and not Decisions) using the Search at stb.gov; put FD in the first dropdown and 36472 in the box that follows. The intent is that Pan Am and all its predecessor railroads like ST and MEC will disappear into CSXT, so presumably the engines will be repainted or replaced over time. They're still hoping for it to go into effect in 2022.
Are they going to phase out the Pan Am and big G locomotives so we'll eventually see nothing but CSX locos? They're pretty sharp looking honestly so that wouldn't be so bad.
roberttosh wrote: ↑Wed Jun 16, 2021 11:27 am I wonder if by opening an intermodal terminal in Portland, CSX is looking to capture Maine or NB paper traffic that is now railed down to Ayer and loaded into containers that head west on the NS intermodal train?Mr. Tosh, I'm totally blindsided by this report.