The opening of a shortline railroad heralds a new freight initiative for southwest Indiana.
The Mount Vernon Railroad, a partnership between OmniTRAX, the largest privately held, family-owned U.S. rail transportation company, and Ports of Indiana-Mount Vernon, Indiana’s largest port, creates what officials are calling a “mega-modal” opportunity.
At the heart of this development is an economic opportunity centered around development of the port’s 500-acre multimodal megasite. The Mount Vernon Railroad, owned by Ports of Indiana and operated by OmniTRAX, serves as the switching carrier for the port, which handles 25,000 railcars annually.
Ports of Indiana is making a $25 million investment to bolster growth in various sectors including steel, automotive, plastics, energy and heavy industry. This investment aims to attract large multimodal industries that depend on both inland barge and rail transportation.
The port offers access to four Class I railroads and is part of the largest inland port district in the U.S. by tonnage. Officials also foresee additional development resources from OmniTRAX parent The Broe Group, a multibillion-dollar private infrastructure firm with diverse holdings across 41 North American states and provinces.
OmniTRAX’s extensive operations include 29 industrial railroads throughout the U.S. and Canada, complemented by 52 transload facilities and five industrial parks. The partners said the network positions the Mount Vernon Railroad as a key player in the region’s transportation infrastructure.
“Our ports and railroads are critical to Indiana businesses and Gov. [Mike] Braun’s plans for helping grow our economy,” said Indiana Secretary of Commerce David Adams, at the ceremony. “Our state’s ports provide essential rail and maritime connections for Hoosiers companies and contribute $8.7 billion per year to our state’s economy while supporting 50,000 jobs. This new partnership with OmniTRAX creates a tremendous opportunity for growth in southwest Indiana by supporting existing business and attracting new investment.”
OmniTRAX Chief Commercial Officer Ryan Higgins called the port “a hidden gem” thanks to its access to the U.S. agricultural and industrial heartland.
Mount Vernon is one of three Indiana inland ports, along with Jeffersonville and Burns Harbor.
Subscribe to FreightWaves’ Rail e-newsletter and get the latest insights on rail freight right in your inbox.
Find more articles by Stuart Chirls here.
Related coverage:
BNSF and UP say possible container glut doesn’t scare them
BNSF, UP battle over California mountain pass trackage rights
Illinois railcar owner doesn’t have to pay damages in Ohio train derailment
Union Pacific posts flat quarterly results despite volume growth
Brokerage Compliance Symposium
The day before F3. Every compliance issue you face - fraud exposure, carrier liability, FMCSA rules, cargo theft, insurance gaps - navigated by attorneys and operators defining best practices in a changing industry.
F3 Awards Dinner
The night before F3. FreightTech100 companies honored. FreightTech 25 and Shipper of Choice winners revealed live. Cocktail reception into dinner and live music - 300 industry leaders in one purpose-built room.
F3: Future of Freight Festival
Industry-defining keynotes, rapid-fire technology demos, and industry leaders networking in experiences across Chattanooga - plus the inaugural F3 Awards Dinner featuring the FreightTech and Shipper of Choice reveals.
The day before F3. Every compliance issue you face - fraud exposure, carrier liability, FMCSA rules, cargo theft, insurance gaps - navigated by attorneys and operators defining best practices in a changing industry.
The Signal at Chattanooga Choo Choo • Chattanooga, TN Register NowThe night before F3. FreightTech100 companies honored. FreightTech 25 and Shipper of Choice winners revealed live. Cocktail reception into dinner and live music - 300 industry leaders in one purpose-built room.
The Signal at Chattanooga Choo Choo • Chattanooga, TN Register NowIndustry-defining keynotes, rapid-fire technology demos, and industry leaders networking in experiences across Chattanooga - plus the inaugural F3 Awards Dinner featuring the FreightTech and Shipper of Choice reveals.
The Signal at Chattanooga Choo Choo • Chattanooga, TN Register Now