FOR RELEASE
Contact: Janie Sheng (202) 245-0221
12/07/2011 (Wednesday)
Eric Weiss
No. 11-30


FedRelay 1 (800) 877-8339
www.stb.gov



SURFACE TRANSPORTATION BOARD INITIATES 2ND INDEPENDENT AUDIT OF CANADIAN NATIONAL ACQUISITION OF EJ&E


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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