Railroad

Beech Grove-Amtrak settlement will pay for new Main Street

December 23, 2011
The city in southeast Marion County will finally reconstruct its flood-prone Main Street, thanks to a federal grant and a $750,000 settlement with Amtrak over unmetered stormwater runoff.
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Mayors back transit tax hike in Marion, Hamilton counties

December 13, 2011
Chris O'Malley
Indianapolis Mayor Greg Ballard, Carmel Mayor Jim Brainard say more local transit options are needed despite the steep cost. A ballot referendum would be required so voters could consider a 0.3-percent income-tax increase to pay for a $1.3 billion project.
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Passengers likely would shoulder chunk of transit system costsRestricted Content

November 19, 2011
Chris O'Malley
Federal transit data suggests passenger fares would generate about one-fourth of the money needed to operate a suburban rail and expanded bus system proposed for the region.
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Upstart Indianapolis logistics firm plans to add 73 jobs

November 9, 2011
 IBJ Staff
Two-year-old Spot Freight says it expects to reach $30 million in revenue next year.
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U.S. OKs $196M for high-speed Chicago-Detroit rail

October 5, 2011
Associated Press
The U.S. Department of Transportation has approved $196.5 million for part of a high-speed Amtrak passenger rail link between Chicago and Detroit, U.S. Sens. Carl Levin and Debbie Stabenow from Michigan said Wednesday.
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Rail firm says it won’t reach 650-jobs goal in Muncie

September 9, 2011
Progress Rail Services, which said last October that it would create up to 650 jobs in Muncie by 2012, now expects to employ just 250 people at the plant by the end of next year, according to a magazine.
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Backers seek support for 2-mile streetcar line downtownRestricted Content

August 27, 2011
Chris O'Malley
Downtown Indianapolis Streetcar Corp. said a circulator route between downtown and the Indianapolis Zoo in White River State Park might cost $20 million to $25 million to build and equip.
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Private funds may kick-start rail-transit planRestricted Content

August 20, 2011
Chris O'Malley
An innovative private financing deal struck last year to expand Denver’s rail transit system could be used to expedite construction of the first line in central Indiana.
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Railroad plans Gary redevelopment, 251 jobs

August 3, 2011
 IBJ Staff
Canadian National Railway Co. on Wednesday announced plans to relocate part of its operations from Markham, Ill., to northwest Indiana.
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Transportation museum eyes excursion trains to downtown IndyRestricted Content

July 2, 2011
Chris O'Malley
As efforts drag on to study and fund a commuter rail system using the former Nickel Plate rail line, the group now using the 37-mile corridor to run excursion trains in Hamilton County and to the Indiana State Fair is looking at running its trains farther south—to downtown.
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City's Rebuild Indy money to revamp railroad overpassesRestricted Content

June 25, 2011
 IBJ Staff
The city of Indianapolis released bids soliciting contractors to repaint, clean and add lighting underneath the overpasses at Meridian, Pennsylvania and Illinois streets and College and Capitol avenues downtown, and on 10th Street east of the Monon Trail.
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INDOT seeks public input for state's rail transportation planRestricted Content

May 28, 2011
 IBJ Staff
Freight and passenger rail are subject of long-range planning events.
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Two states lose federal high-speed rail money

December 9, 2010
Associated Press
The Obama administration is taking $1.2 billion in high-speed rail money away from Ohio and Wisconsin and awarding it to 12 other states, Transportation Secretary Ray LaHood said Thursday.
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High-speed rail advocates meet to consider Chicago-to-Indianapolis route

November 20, 2010
 IBJ Staff
Indiana was rejected earlier this year for federal funding for its part of a Chicago-to-Cleveland route.
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Funding biggest obstacle for proposed regional transit system

November 8, 2010
Scott Olson
Scaled-back transit plan, which includes rail line from downtown to Noblesville and Franklin, is projected to cost $2.4 billion, with local taxpayers picking up about half the amount. Funding would need to be approved through county referendums, however.
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Logistics study revisits old concerns

March 30, 2010
Chris O'Malley
The two-year study by the Conexus Indiana Logistics Council Executive Committee involved 36 logistics executives statewide.
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Indy route not part of high-speed rail funding applicationRestricted Content

November 14, 2009
Chris O'Malley
The decision to sidetrack a 110-mph Chicago-Indianapolis-Cincinnati train hasn’t received any attention locally. High-speed rail could someday become an economic development engine here, but it has not gained as much attention here as improved highways or a commuter rail line from downtown to Noblesville.
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Transit, sustainable development likely to be themes in rescue of near-north neighborhoodRestricted Content

June 1, 2009
Chris O'Malley
Local leaders and, soon, a national team of experts, are quietly developing a strategy to revitalize Marion County's biggest concentration of brownfield sites and impoverished urban neighborhoods, centered at East 22nd Street and the Monon Trail.
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Railroad getting boost from mine in Sullivan CountyRestricted Content

March 30, 2009
Indiana Railroad Co. has coupled onto its "largest single new business opportunity ever" with plans to serve Peabody Energy's new Bear Run Mine in Sullivan County, said IRR President and CEO Thomas G. Hoback.
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Light rail not all it's cracked up to beRestricted Content

January 12, 2009
In the Dec. 29 issue I noted an opinion column by Christopher Leinberger of the University of Michigan in support of light rail for central Indiana.
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Study examines regional commuter rail types and their expenseRestricted Content

December 1, 2008
Chris O'Malley
The Metropolitan Development Commission has given city planners the green light to seek an expedited study that would provide a clearer picture of what a comprehensive regional transit system could look like and how much it would cost.
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Transit isn't just an expense; it's an investmentRestricted Content

December 1, 2008
The Metropolitan Development Commission gave Indianapolis area transportation planners the green light Nov. 12 to do an expedited study that would show locations, cost and potential ridership for mass transit routes region-wide.
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Leaders analyze Denver's commuter transitRestricted Content

November 3, 2008
Chris O'Malley
 Sixty Indianapolis-area business and civic leaders visited Denver Oct. 19-21 as part of the Greater Indianapolis Chamber of Commerce 2008 Leadership Exchange and paid close attention to public transportation, especially commuter trains.
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Rising fuel costs may mean comeback for freight trainsRestricted Content

June 9, 2008
Chris O'Malley
Spiking diesel fuel prices have deflated trucking stocks and made road kill out of many a small motor carrier. It's sweet irony for anyone who's worn a pinstriped cotton cap to work. The rising price of diesel is poised to invigorate a mode of transportation that trucks nearly annihilated--the 40 freight railroads crisscrossing the state.
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Test run of commuter rail could be relatively cheapRestricted Content

May 19, 2008
Chris O'Malley
Planners and politicians spent the better part of a decade and untold millions of dollars studying a mass transit system between downtown and the suburbs. They have little to show for it except mounds of reports and an estimate of $690 million, but the boys in bib overalls at the Indiana Transportation Museum think they can get it done for much less.
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