PAN AM RAILWAYS (PAR)

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Pan Am Railways (PAR), formerly known as Guilford Rail System (GRS), is a holding company that owns and operates several Class 2 New England railroads. It’s a subsidiary of Pan Am Systems, formerly known as Guilford Transportation Industries (GTI) and is¬†headquartered in North Billerica, Ma.. Guilford bought the name, colors and logo of Pan American World Airways in 1998. Currently, the primary subsidiaries of Pan Am Railways are:

Boston and Maine Corporation (BM)

Maine Central Railroad Company (MEC)

Portland Terminal Company (PTM)

Springfield Terminal Railway Company (ST)

The BM and MEC are operated under lease by ST. 

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Pan Am Railways