Opinions differ on potential impact as Waterville rail yard is sold to CSX

MORNING SENTINEL • January 17, 2021

The Waterville rail yard dates back to the now-defunct Maine Central Railroad, yet it — with its locomotive repair shop — remains integral to rail transportation in the Northeast. Change could be coming to the sprawling yard, however, given the impending purchase of its parent company. CSX Corp. is acquiring Massachusetts-based Pan Am Railways, which owns the Waterville rail yard. George O’Keefe, economic development director for the town of Rumford, said the CSX merger is a significant opportunity for Maine industry. Florida-based CSX has more than 21,000 miles of track across the Northeast. The Maine portion of Pan Am includes more than 300 miles of track.

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