A proposed Chicago freight railroad bypass proposal is officially defunct after its backers failed to meet a 60-day deadline to appeal an adverse decision of the U.S. Surface Transportation Board.
The STB last August ruled against the bid by Great Lakes Basin Transportation to build a 261-mile rail line between northwest Indiana and southern Wisconsin.
GLBT had 60 days to appeal that decision, but failed to do so.
In its Aug. 31 decision, the STB said the financial information provided by GLBT was inadequate to show that the company had the ability to conduct the project.
Had GLBT appealed the STB decision, it would have been required to show that it was financially capable of constructing the bypass.
Tags: Chicago bypass rail proposal, Great Lakes Basin Transportation Inc, STB, Surface Transportation Board, U.S. Surface Transportation Board
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