and Grand Trunk Corp.—Control—EJ&E West Co., STB Finance Docket No. That decision will be published in the Federal Register and is available for viewing and downloading on the Board's Web site at under "E-LIBRARY" on the home page, then under "Decisions & Notices," beneath the date "12/24/08." - 2/25/2008 - Help Save Grasselli Tower - The Hoosier Valley Railroad Museum is attempting to save Grasselli interlocking tower and move it to HVRM's museum site in North Judson, Indiana. Located in East Chicago, the tower use to control the interlocking for the IHB, EJ&E and at one time, the B&O Chicago Terminal as well.
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The Board issued a Final Environmental Impact Statement on December 5, 2008.
After carefully considering the results of the environmental analysis and the comments raised—both pro and con—the Board imposed substantial environmental mitigation to minimize potential adverse environmental impacts of the transaction.
We will apply our proven business model in implementing this acquisition using the measured, step-by-step approach we have employed in our previous transactions to flawlessly integrate these operations." - 9/25/2007 - New EJ&E Book Available - A new book has been released by Arcadia Publishing on July 9th that's titled: "Images of Rail - Elgin, Joliet & Eastern". The assumption was that the unit would receive the usual EJ&E green switcher scheme... USS apparently wants to have all switchers painted in this scheme from now on.
- 5/12/2007 - New Track for Shearson Line - It was discovered that the Shearson Line will apparently be receiving a fairly major upgrade soon... Speculation is that the BP oil refinery on the line will be eventually be producing more traffic, due to a switch to canadian crude oil.
The Board also found that any minor anticompetitive effects that may result will be outweighed by the overall transportation benefits of the transaction.
In considering the environmental aspects of the transaction, the Board found that, although the transaction will result in environmental benefits to those living in and near Chicago, it will have adverse environmental impacts on communities along the EJ&E rail line.
I'm sure we'll all hold out hope for a miracle, but past history shows us that the miracle rarely comes. EJ&E, a Class II railroad, operates over 198 main line miles of track encircling the City of Chicago from Waukegan, Ill., on the north, to Joliet, Ill., on the west, to Gary, Ind., on the southeast, and then to South Chicago. Hunter Harrison said: "This acquisition is good news for railroading in Chicago.
The EJ&E's flag is now at half mast and most likely due to be lowered. ---------------------------- - CN Press Release - CN to Acquire Key Operations of Elgin, Joliet and Eastern Railway for 0 Million MONTREAL, QUEBEC and PITTSBURGH, PENNSYLVANIA--(Marketwire - Sept. Transtar's remaining operations will become the Gary Railway. Chicago is essential to CN's rail operations, yet it presents us with major operational challenges. Surma said: "This transaction is positive for all involved.
Yet another great railroad in a long list of railroads is about to die... 26, 2007) - Canadian National Railway Company and United States Steel Corporation 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 0 million (approximately C1 million). Steel's Transtar subsidiary will retain railroad assets, equipment, and employees that support the Gary Works site in Northwest Indiana and the steelmaking operations of U. The acquisition is subject to regulatory review by the U. This transaction will improve rail operations on the CN system and the rest of the Chicago rail network by moving CN trains out of the urban core to EJ&E lines on the outskirts of the Chicago metropolitan area." U. Our EJ&E employees and customers, and the communities in which we operate will benefit from the EJ&E being part of a large Class I railroad, while U. Steel will be able to focus on the railroad assets serving Gary Works." Harrison said: "This acquisition not only will give CN an opportunity to expand its service to the North American steel industry, but also will drive new efficiencies and operating improvements on CN's network.