STB fines railway for trains blocking Midwest streets
Dec 29, 2010 | 01:05 PM
| Corinna Petry
The Surface Transportation Board (STB) has fined Canadian National Railway Co. (CN) $250,000 for "knowingly violating board orders" regarding the reporting of street-crossing blockages in the Chicago area.
The fine is the first ordered by the STB since its inception in 1996. The board also extended its oversight regarding CN's merger with the Elgin, Joliet & Eastern Railway Co. (EJ&E) for an additional year.
EJ&E is a 198-mile route that roughly wraps around the southern tip of Lake Michigan from Indiana through Illinois. The railroad was sold to Montreal-based CN by U.S. Steel Corp. in January 2009 for $300 million. It is a heavy-freight route traveled by trains up to two miles in length.....
To access AMM's full content, please log in below. If you do not have an AMM account, we invite you to take a free trial or subscribe below.
Already a registered amm.com user?
Access to amm.com editorial content is granted only to paid subscribers and trialists. If you do not have an active account in your own name, please either subscribe or take a trial and you will have instant access to amm.com content. Sharing your login credentials with individuals who are not subscribers represents a violation of AMM copyright.
Every morning, every minute — no matter how often you follow the markets, there's an AMM subscription to fit your needs.
Subscribe Now
Click Here
Not sure if you are ready to invest in a subscription right now? Take a free, no-obligation trial. Start your free trial today.
Take a Free trial
Click Here