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Rail News: Short Lines & Regionals
It’s 20 years and counting for The Indiana Rail Road Co. (INRD). The small road — which is billing itself “America’s new regional railroad” after acquiring a 92-mile Indiana line from Canadian Pacific Railway in spring — recently reached the two-decade mark.
In those 20 years, the railroad has built up traffic from the 12,000 carloads moved in 1986 on the former Illinois Central Railroad branch line.
“Within five years, we had doubled that [12,000], and in the next five years, we doubled traffic again,” said INRD President and Chief Executive Officer Tom Hoback in the railroad’s June newsletter. “In late 2004, we marked our 1 millionth carload. [And] last year alone, customers put ten times the amount of freight onto our railroad as it carried 20 years ago.”
Now, INRD officials are counting on CPR’s former Latta Subdivision between Fayette and Bedford — a line the railroad began operating May 27 — to continue boosting the small road’s traffic.
8/22/2006
Rail News: Short Lines & Regionals
Indiana Rail Road reaches 20th anniversary
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It’s 20 years and counting for The Indiana Rail Road Co. (INRD). The small road — which is billing itself “America’s new regional railroad” after acquiring a 92-mile Indiana line from Canadian Pacific Railway in spring — recently reached the two-decade mark.
In those 20 years, the railroad has built up traffic from the 12,000 carloads moved in 1986 on the former Illinois Central Railroad branch line.
“Within five years, we had doubled that [12,000], and in the next five years, we doubled traffic again,” said INRD President and Chief Executive Officer Tom Hoback in the railroad’s June newsletter. “In late 2004, we marked our 1 millionth carload. [And] last year alone, customers put ten times the amount of freight onto our railroad as it carried 20 years ago.”
Now, INRD officials are counting on CPR’s former Latta Subdivision between Fayette and Bedford — a line the railroad began operating May 27 — to continue boosting the small road’s traffic.