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>From the Surface Transportation Board, Washington, D.C.
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The federal Surface Transportation Board announced today that it has
initiated a second independent audit to verify the Canadian National
Railway Company's (CN) monthly operational and quarterly environmental
reports to assist the Board in monitoring the impact of CN's acquisition of
the EJ&E West Co.
This second audit will focus on the
information in CN's operational
reports for the months of November
and December 2011, and on CN's 4th
Quarter 2011 Environmental Report.
The audit will evaluate CN's
progress in constructing rail
improvements, progress in road
closure issues and grade crossing
improvements, and operational
considerations. The audit also
will include an assessment of the
information submitted by CN related
to the November 3, 2011 derailment
near Bartlett at Spaulding,
Illinois.
The first independent audit of the
CN-EJ&E acquisition focused on
information in CN's monthly
operational reports for November
and December 2009. In Decision 26
of Canadian National Railway
Company and Grand Trunk
Corporation—Control—EJ&E West
Company, STB Docket No. FD 35087,
served December 17, 2010, the Board
indicated that another audit would
be conducted. This second audit
will assist the Board in its
continued monitoring of the
transaction's impact.
A copy of the letter to CN
initiating the audit may be found
by clicking here.
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