[Loopy]

Some CREATE-related news:

CN chief pushes benefits of US$300M acquisition of Chicago-area railway

CHICAGO - The boss of Canadian National Railway Co. (TSX:CNR) is confronting opposition in suburban Chicago to the company's planned US$300-million acquisition of the Elgin, Joliet & Eastern Railway Co., urging a focus on "broad rail transportation efficiency and environmental benefits."

CN chief executive officer Hunter Harrison said Thursday that the Montreal-headquartered railway is mindful of community concerns but believes debate has been too centred on potential adverse impacts on some communities rather than on public-interest benefits for the greater Chicago region.

Northwestern suburbanites fear noise, traffic jams at rail crossings and the possibility of train accidents under CN's plan to purchase EJ&E's lightly used rail line and ramp up traffic to relieve freight congestion inside Chicago.

More at: http://canadianpress.google.com/arti...SMldK_8vgn9sFA

Quit wailing, start seeing rail partnerships

The underused Elgin, Joliet & Eastern Railway Co. has a suitor, flush with cash and willing to help fix the freight gridlock afflicting Chicago and the Midwest.

So what do Illinoisans do when they hear the Canadian National Railway wants to buy the EJ&E? They complain.

More at:http://www.dailyherald.com/story/?id=98020&src=