Amtrak is expected to take over the troubled Hoosier State train, which runs between Indianapolis and Chicago, on March 1.
The Indiana Department of Transportation announced Monday its contract with Iowa Pacific Holdings would remain in effect only through February, the Lafayette Journal & Courier reported.
Iowa Pacific wrote on Facebook that it wasn't able provide equipment and services under the terms of its existing contract. Transportation department spokesman Will Wingfield said Iowa Pacific's monetary needs were beyond what the department had budgeted.
The contract was originally in effect through the end of June.
Amtrak spokesman Marc Magliari said the biggest change is that Amtrak's equipment will run on the Hoosier State line, not Iowa Pacific's.
Iowa Pacific Holdings has operated the Hoosier State train since July 2015.
INDOT reported in August that the Hoosier State line experienced a rise in ticket revenue but an overall decrease in passengers in the first year under the partnership between INDOT, Amtrak and Iowa Pacific.
The train makes a daily five-hour trip from Indianapolis to Chicago four days a week.