New Lenox Rail Sense

December 19, 2008 / Progressive Railroading

Make it three Indiana and six Illinois towns that now have mitigation pacts in place with Canadian National Railway Co. to address traffic and safety concerns surrounding the proposed Elgin, Joliet & Eastern Railway Co. (EJ&E) acquisition.

Yesterday, the Class I announced it reached an agreement with Griffith, Ind. CN agreed to fund quiet zones and safety fencing near schools and parks, mitigate noise, provide emergency response personnel training and address other specific issues in the town. The railroad previously entered into mitigation pacts with Schererville and Dyer, Ind., and Chicago Heights, Crest Hill, Frankfort, Hoffman Estates, Mundelein and Joliet, Ill.

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September 10, 2008 / By Dan Campana and Andre Sallas / Sun-Times News Group

Canadian National Railway cannot purchase the EJ&E Railway before a final study on the impact of the sale is released, the U.S. Surface Transportation Board said Monday.

In a decision issued late Monday night, the federal board, which approves all railroad sales in the United States, denied CN’s request to take possession of the EJ&E early.

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July 30, 2008 / Company Press Release

CHICAGO, ILLINOIS - CN (TSX:CNR) (NYSE:CNI) said today that the Draft Environmental Impact Statement (DEIS) issued on July 25, 2008, by the Section of Environmental Analysis (SEA) of the Surface Transportation Board (STB) on the company’s proposed acquisition of the principal lines of the Elgin, Joliet & Eastern Railway Company (EJ&E) is an important step in the regulatory process. The DEIS outlines the environmental effects of the transaction on local communities and potential mitigation. The agency established a 60-day period for public comments on the DEIS, including eight public hearings, which will be followed by SEA’s preparation of the final Environmental Impact Statement (EIS) and a final regulatory decision by the STB.

May 14, 2008 / By Richard Wronski / Chicago Tribune reporter

Facing a year-end deadline, Canadian National Railway Co. on Tuesday asked federal regulators to decide by Dec. 1 whether the company will be allowed to purchase the Elgin, Joliet & Eastern Railway Co., saying the deal could be jeopardized otherwise.

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April 22, 2008 / By Mary Ellen Podmolik / Special to the Chicago Tribune 

When Canadian National Railway Co. meets with investors Tuesday in Chicago, one notable exception will be missing from the list of accomplishments it can rattle off since last year’s annual meeting in New Brunswick: its $300 million acquisition of key operations of the Elgin, Joliet and Eastern Railway Co.

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MONTREAL and PITTSBURGH, Sept. 26, 2007 - Canadian National Railway Company (CN) (NYSE: CNI, TSX: CNR) and United States Steel Corporation (NYSE: X) announced today that their respective Boards of Directors have approved an agreement under which CN will acquire the major portion of the Elgin, Joliet and Eastern Railway Company (EJ&E) for US$300 million (approximately C$301 million).

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MONTREAL and PITTSBURGH, Sept. 26, 2007 - Canadian National Railway Company (CN) (NYSE: CNI, TSX: CNR) and United States Steel Corporation (NYSE: X) announced today that their respective Boards of Directors have approved an agreement under which CN will acquire the major portion of the Elgin, Joliet and Eastern Railway Company (EJ&E) for US$300 million (approximately C$301 million).

Read the full news release