Pan Am Systems
Pan Am Systems was a privately held Portsmouth, New Hampshire-based Florida corporation composed of rail transport, manufacturing and energy, transportation related brands, and real estate divisions. It formerly held a now-defunct airline division.
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 |
Fate | Acquired by CSX Corporation |
Headquarters | , |
Subsidiaries |
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Pan Am Systems was put up for sale in July 2020. 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, which approved the sale on April 14, 2022. 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.