However, things changed for the railroad in 1996. That year the Indiana
and Ohio Railway's owners elected to see the company to another
operator, in this case RailTex, Inc. which was, at the time, one of the
larger shortline conglomerates. Under RailTex ownership the railroad
continued to prosper and nearly doubled its system. In early 1997 after
a long negotiation with the Canadian National
the I&O was able to purchase nearly the rest of the DT&I's main
line between Springfield, Ohio and Detroit, Michigan. Then, just a
year later it acquired two small shortlines, the Central Railroad of
Indianapolis and Central Railroad of Indiana.
In early 2000 RailTex was acquired by RailAmerica, Inc. and
thus the Indiana and Ohio Railway had a new owner, which also came to
own its two shortline properties. Today, the I&O is now a Genesee
& Wyoming property thanks to its purchase of RA in July of 2012 (one
of its largest railroads) with a system the comprises 570 miles of
track and a diversified traffic base of chemicals, metals, grain,
ethanol, lumber, plastics, and other freight.
Indiana & Ohio Railway Locomotive Roster
|EMD||SW1500||1500-1501, 2342||Ex-CR, Ex-Southern||3|
|EMD||GP40||4008, 4011, 4030, 4032||Ex-UP, Ex-B&O||4|
|EMD||GP40-1||4034, 4036||Ex-SCL, Ex-WRyA||2|
Currently, the railroad
has interchanges with numerous other lines including CSX, Norfolk
Southern, Canadian National, Ann Arbor, and RJ Corman.
The Indiana and Ohio Railway is also now large enough to be split
into several subdivisions including the Blue Ash Subdivision, Brookville
Subdivision, CIND Subdivision, Mason Subdivision, Midland Subdivision,
and Oasis Subdivision. Today the I&O has a vast array of four and
six-axle motive power, although all are strictly EMDs (interestingly
some units come from the very fallen flag companies which owned the
branches the I&O now operates).
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Indiana & Ohio Railway