The Indiana Rail Road Company (INRD), founded March 18, 1986, is a privately-held, 250-mile railroad with a full-time staff of 175. The company hauls a variety of consumer, energy and industrial products, and serves central and southwest Indiana and central Illinois, with connections to the North American rail network at transportation hubs such as Chicago, Indianapolis and Newton, IL.
In 2013 the company inaugurated the only all-rail intermodal service for Asia-Indiana trade in conjunction with CN Rail, via the west coast Canadian ports of Vancouver and Prince Rupert, BC. The company also operates rail-to-truck transload facilities in Indianapolis and Odon, IN.
Indiana Rail Road is an entrepreneurial success story. INRD Founder Thomas G. Hoback purchased a rail line slated for abandonment and, over 30 years, the company has increased business by 12 percent compounded annually.
INRD has invested more than $220 million of private capital into the railroad, transforming a broken-down railroad into a state-of-the-art, heavy-haul transportation system. In 2015, the Indiana Rail Road hauled the equivalent of 800,000 truckloads of freight.
INRD is also active in the community, operating its annual Santa Train, serving as sponsor of the Indiana Bicentennial Train, and supporting education and public safety through community grants.
8888 Keystone Crossing, Suite 1600, Indianapolis, IN
Hiawatha Yard, 8864 N 1380 W Jasonville, IN 47438 (25 miles southeast of Terre Haute)
- Peter Mills, President and Chief Executive Officer
- Robert Babcock, Senior Vice President, Operations and Business Development
- Micheal Engel, Senior Vice President and Chief Financial Officer
- Kristin Bevil, Vice President and General Counsel
- Larry Kaelin, Vice President, Coal and Energy Marketing
- Peter Ray, Vice President, Engineering
Sampling of Customers:
Duke Energy; Indianapolis Power & Light; Marathon Petroleum Company; Hoosier Energy; Cummins; Dynegy; Nike; Full Beauty Brands; Bemis; PolyOne; Mont Eagle Mills; Berry Plastics; General Electric; The Hershey Co.; Menards; Naval Support Activity (NSA) Crane; Peabody Energy
232 miles owned; 270 additional miles under trackage rights, haulage agreements
Total Infrastructure Investments, 1986-2015:
More than $220 million
175 people/$11.5 million
2015 Taxes Paid (Payroll, Property and Corporate):
Motive Power Fleet (as of 8/1/15):
29 diesel-electric locomotives