Indiana, private carrier ink deal for passenger rail

Aug 3, 2015

  INDIANAPOLIS (AP) - The Indiana Department of Transportation says  a four-day-per-week passenger rail service between Chicago and Indianapolis is now in place. It's a two-year contract with Amtrak and Iowa Pacific Holdings. Indiana Transportation Department spokesman Will Wingfield says round-trip service started Sunday morning on the Hoosier State train, that  departs Indianapolis at 6 a.m. EDT and arrives in Chicago at 10 a.m. CST.  He says INDOT initially anticipates paying Iowa Pacific about $255,000 per-month. Five communities, in the path will pay a combined $21,000 per month. The contracts continue through June 30, 2017. The state has the option to extend the deal up to four additional years. The deal also calls for INDOT to receive 25 percent of Iowa Pacific's operating profits for the Hoosier State.