STB Issues Final EIS for CN Acquisition

WASHINGTON — The Surface Transportation Board announced that its Section of Environmental Analysis (SEA) has issued the Final Environmental Impact Statement (Final EIS) for the proposed acquisition by the Canadian National Railway and Grand Trunk Corporation of the Elgin, Joliet & Eastern Railway (EJ&E).

Issuance of the Final EIS completes SEA’s environmental review process.  Upon reviewing and considering the Final EIS, and the extensive transportation related and environmental record developed in this case, the Board will independently issue a final decision either denying, approving, or approving with conditions the pending merger.

Completion of SEA’s Final EIS should not be interpreted as determinative of the Board’s ultimate final decision on the merger.