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Reply to "PanAm Railways has put itself up for sale"

If - and that’s a pretty big if - someone buys Pan Am; I have to agree with Jon that G&W makes sense.  He notes their ownership of New England Central but, they also own Providence & Worcester and St. Lawrence & Quebec in the New England region.  And G&W’s owners appear to have the deep pockets necessary to pull off a Pan Am purchase.

My one nagging doubt about Pan Am’s value is the pulp and paper mills they serve.  This industry is slowly dying in North America and currently represents a fair chunk of Pan Am’s business.  If that goes away, I don’t know what would be waiting in the wings to replace it.

Curt

OGR Publishing, Inc., 1310 Eastside Centre Ct, Suite 6, Mountain Home, AR 72653
800-980-OGRR (6477)
www.ogaugerr.com

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