A recent article from Inside Indiana Business has reported that a plan is in place to invest $90 Million in upgrades to the freight rail line running from Louisville to a point just south of the Indianapolis Industrial Center. The report states that Anacostia Rail Holdings (based in Chicago) has reached agreement with CSX to pay for the improvements without public funding. This rail line links to access spurs to the Port of Indiana at Jeffersonville.
While the plan still requires federal approval, Anacostia Chief Financial Officer Bruce Lieberman says Indiana would gain an economic advantage from the line improvements.