On May 15, 2008, Norfolk Southern Railway (NS) announced that it had come to an agreement with Pan Am Railways (PAR) to "create an improved rail route between Albany, N.Y., and the greater Boston, Mass., area called the 'Patriot Corridor'." [1] [2] [3] Pending STB approval, each of the two companies will own 50% of a new company to be known as Pan Am Southern, LLC (PAS). PAR's trackage between Ayer, Massachusetts and Mechanicville, New York will be transferred to PAS and will continue to be operated and maintained by PAR's Springfield Terminal Railway subsidiary. NS will transfer to PAS cash and property valued at $140 million. Planned improvements to the route include track and signal upgrades, and expansion of terminals, including construction of new automotive and intermodal terminals. Planned lines are as follows:[4]
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