Hoosier State passenger rail extended through Jan. 31 as state negotiates with private vendor

August 22, 2014

The Indiana Department of Transportation and seven local partners will keep funding passenger rail service between Indianapolis and Chicago through Jan. 31 while the state agency negotiates with a private vendor to operate the line, it said Wednesday.

INDOT and the communities of Indianapolis, Beech Grove, Crawfordsville, Rensselaer, Lafayette, West Lafayette and Tippecanoe County agreed to the four-month extension of the Hoosier Line allowed under the state’s existing agreement with Amtrak…

INDOT is negotiating with Corridor Capital LLC to improve the rail service and how it’s funded. The four-month contract extension through January gives the state and the company additional time to strike a deal.

“For the Hoosier State, we are hoping to build from the experience of North Carolina’s successful Piedmont service, in which the state and its private contractors worked with Amtrak to improve and grow passenger rail,” Robert Zier, INDOT’s director of multimodal planning and programs, said in a statement…

The rest of the story at Fox Business, 20 August 2014

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