![cover image](https://wikiwandv2-19431.kxcdn.com/_next/image?url=https://upload.wikimedia.org/wikipedia/commons/thumb/3/3a/Pan_Am_Logo.svg/640px-Pan_Am_Logo.svg.png&w=640&q=50)
Pan Am Systems
Diversified American company / From Wikipedia, the free encyclopedia
Pan Am Systems was a privately held Portsmouth, New Hampshire-based[1] Florida corporation composed of rail transport, manufacturing and energy, transportation related brands, and real estate divisions.[2] It formerly held a now-defunct airline division.
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Formerly | Guilford Transportation Industries |
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Company type | Private |
Industry | rail transport manufacturing and energy transportation related brands real estate |
Founded | 1998 |
Founder | Timothy Mellon |
Defunct | June 1, 2022 (2022-06-01) |
Fate | Acquired by CSX Corporation |
Headquarters | , |
Subsidiaries |
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Pan Am Systems was put up for sale in July 2020.[3] On November 30, 2020, CSX Corporation announced that it had signed a definitive agreement to purchase Pan Am Systems. The sale of Pan Am Systems to CSX underwent regulatory review by the Surface Transportation Board,[4][5] which approved the sale on April 14, 2022.[6] At midnight on June 1, 2022, CSX began operating Pan Am Systems and its Pan Am Railways; also, Pan Am Systems was merged into a temporary subsidiary of CSX which will eventually merge into CSX.