CSX cites 'strong support' for Pan-Am merger

CSX yesterday acknowledged "strong support" for its proposed acquisition of Pan Am Railways Inc., as indicated by comments from businesses, elected officials and stakeholders in five New England states.

The remarks — which came from officials in the states of New York, New Hampshire, Massachusetts, Connecticut and Maine —  are part of nearly 120 comments filed with the Surface Transportation Board (STB) in support of the merger, CSX officials said in a press release.

"This transaction will provide tremendous benefits for New England and enjoys widespread support from shippers in the region. We look forward to growing the CSX network by integrating Pan Am and bringing our best-in-class service to the region," said CSX President and CEO James Foote.

The comments were filed with the STB ahead of its Jan. 13 public hearing on the proposal. Last month, STB officials released details for the hearing, which will be extended to Jan. 14 if necessary.