Navigation Links
Mayo Clinic Calls for Thorough Review of Canadian Pacific's Acquisition of the Dakota, Minnesota & Eastern Railroad
Date:10/26/2007

Current 'fast-track' schedule doesn't allow for meaningful dialogue with

affected communities

ROCHESTER, Minn., Oct. 26 /PRNewswire/ -- Late yesterday, the Mayo Clinic asked the Surface Transportation Board (STB) to revise its proposed timetable for reviewing the Canadian Pacific's recent acquisition of the Dakota, Minnesota & Eastern Railroad (DM&E).

"Mayo Clinic does not object to DM&E being sold," said Chris Gade, a Mayo Clinic spokesperson. "We are simply asking for a complete and thoughtful review of a transaction that may have a tremendous impact on our community and for the opportunity to have a constructive dialogue with the railroad's new owners before the purchase is approved."

In its filing, Mayo Clinic asked the STB to:

-- Reconsider the procedural schedule associated with review of the

transaction, because it fails to provide sufficient time for meaningful

dialogue between the affected parties and the new ownership.

Mayo Clinic also asked that the STB ensure that the application for the transfer of control include:

-- Information that verifies DM&E's revenues.

-- Meaningful operational information that fully addresses the future

movement of Powder River Basin coal.

-- Meaningful information that addresses the environmental effects of the

transaction.

-- A safety integration plan.

"Our primary concern continues to be the safety of our patients, staff and community, as well as the safety of other communities along the line," said Gade. "We welcome the opportunity to meet with DM&E's new owners in the hope that these concerns can be adequately addressed."

Mayo Clinic's filing highlights the probability that the Canadian Pacific's purchase of the DM&E could result in as many as 43 trains passing through downtown Rochester every day. According to the proposed sale agreement, the Canadian Pacific would make about $1 billion in additional payments to the DM&E if it transports at least 125 million tons of coal in a calendar year. This is a substantial increase from DM&E's previous coal-hauling estimates and represents an additional 2.2 million cars per year (43 trains x 135 cars x 365 days) that would move at high-speeds over a rail line located just a few hundred feet from Mayo Clinic.

Due to these new projections Mayo Clinic maintains that an additional environmental review is appropriate. In its filing, Mayo Clinic suggested that Canadian Pacific provide a comprehensive safety integration plan that addresses DM&E's industry-worst safety record.


'/>"/>
SOURCE Mayo Clinic
Copyright©2007 PR Newswire.
All rights reserved

Related medicine news :

1. Scientists plan human cloning clinic in the United States
2. How do patients benefit of clinical trials
3. Magnetic resonance angiography in clinical medicine
4. Clinical trials need to be more frank
5. AEternas acquisition of Zentaris being followed up with its new product pipeline and clinical development strategy
6. Physicians Lack Clinical Guidelines For Treating Elderly With Multiple Illnesses
7. The Growing Rise In Clinical Research Could Lead To A Compromise In Quality Of Research And Ethics
8. Clinical Comparisons Between ADHD Drugs Are Less
9. Specialized Clinics For Manipurs AIDS Patients
10. Outsourcing clinical trials to India
11. Erectile dysfunction: an early warning sign of clinically silent coronary artery disease?
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:12/13/2018)... ... December 13, 2018 , ... Mediaplanet today announces the launch ... raises awareness regarding organ transplantation while encouraging readers to sign up as an organ ... waiting for a lifesaving organ transplant. , One organ donor can save up to ...
(Date:12/10/2018)... ... December 10, 2018 , ... Becker's Healthcare named ... systems with great heart programs." , The hospitals named on this list are ... surgery programs. Many institutions pioneered groundbreaking procedures and remain on the forefront of ...
(Date:12/8/2018)... ... December 07, 2018 , ... Dr. Masi Reynolds ... Francisco Bay area with a valued expertise in minimally-invasive orthopedic care. Dr. Reynolds ... educating patients on the latest and least-invasive treatment options available in orthopedics. To ...
(Date:12/6/2018)... Pa. (PRWEB) , ... December 06, 2018 , ... ... announced the launch of the Post-Acute Care Symposium (PACS). The meeting will take ... Wound Care (SAWC) Spring/Wound Healing Society meeting in San Antonio, Texas. , PACS ...
(Date:12/5/2018)... ... December 05, 2018 , ... Adam ... has been reappointed to serve on Philadelphia Mayor James F. Kenney’s Commission on ... those who identify with a cognitive or physical disability. Devlin serves as the ...
Breaking Medicine News(10 mins):
(Date:12/5/2018)... ... , ... Trivellini Tech announces the latest version of Trivellini system ... as Mamba Nano, Trivellini Long Hair introduces the ability to harvest long hair grafts ... the same capabilities as the last generation but it can also be programmed to ...
(Date:12/5/2018)... (PRWEB) , ... December 04, 2018 , ... The inaugural ... Chairman and CEO of Virginia Mason Health System in Seattle, Washington, at The ... was created by Costs of Care , a leading non-profit dedicated to curating ...
(Date:12/5/2018)... ... December 05, 2018 , ... Join the BFE ... is an interdisciplinary biofeedback conference to nurture communication and education between specialists from ... disciplines come together to share and learn. The meeting offers a broad range ...
Breaking Medicine Technology: