The Indiana & Ohio Railway (reporting marks, IORY) is a short line based out of Cincinnati, Ohio that currently operates some 543 miles of track (Indiana - 10 miles, Michigan - 21 miles, and Ohio - 512 miles) making it one of Genesee & Wyoming's largest such properties.
The heritage of the company can be traced back to 1978 when the "Indiana & Ohio Railroad" acquired a segment of the former Cleveland, Cincinnati, Chicago & St. Louis Railway ("Big Four," a component of the New York Central) between Valley Junction, Ohio and Brookville, Indiana.
However, the modern I&O began in 1985 when the railroad acquired a former Conrail branch between Mason and Monroe, Ohio.
Today, both of this lines remain part of the I&O system. Throughout the 1980s the railroad continued to grow picking up unwanted lines from large Class Is such as Conrail and the Chessie System, and even former Detroit, Toledo & Ironton trackage.
The DT&I makes up the largest component of the I&O running from Washington Courthouse, Ohio to Diann, Michigan where a connection is established with the Ann Arbor Railroad.
Today, the railroad is part of the Genesee & Wyoming family of short lines and features a rather diverse traffic base that should allow it to remain successful throughout the foreseeable future (in many ways the railroad is nearly a Class II, regional).
During the 1980s and 1990s the then privately-owned Indiana & Ohio Railway continued to grow as it took over unwanted lines from Conrail and Chessie System.
The I&O took off in 1985 when the new company picked up 11.8 miles of the former Pennsylvania's Middletown Branch between Middletown and Hageman. Also included was 3.2 miles between Hageman and Monroe, once part of the old PRR Cincinnati-Dayton route.
A year later it picked up another former Conrail segment between Blue Ash and Cincinnati. This had been another former PRR line that ran between Cincinnati-Richmond, Indiana.
By this point the I&O had interchange points along the Chessie System (now CSX) and Conrail (now Norfolk Southern).
Then, in the late 1980's the newly formed CSX Transportation (1987) was continuing to let go of the Baltimore & Ohio's former St. Louis main line (Baltimore - St. Louis), a process launched under Chessie System in 1985.
As a result, the I&O picked up the entire section between Cincinnati and Greenfield, Ohio.
It also acquired the B&O's former Columbus Branch between Midland City and Columbus, part of the railroad's old Newark Division (which once liked Pittsburgh with Cincinnati, via Wheeling and Columbus).
Around the same time in late 1987 the I&O picked up the C&O's former line between Logan and Columbus giving it a system stretching well over 100 miles in length.
It continued to grow in the 1990s; first acquiring the former Detroit, Toledo & Ironton main line between Washington Court House and Springfield, adding another 50 miles to it system.
In 1994 it gained control of more former Conrail trackage, this time two branches around Springfield reaching Mechanicsburg and Bellefontaine, which added another 40 miles.
A year later the I&O took over the rest of Conrail's remaining branch line trackage in and around Cincinnati. However, things changed in 1996.
That year the Indiana & Ohio Railway's owners elected to sell the company to another operator, in this case RailTex, Inc. which was, at the time, one of the larger short line conglomerates.
Under RailTex the railroad continued to prosper and nearly doubled its system. The Genesee & Wyoming of its day, RailTex was founded by Bruce Flohr who launched his first short line in 1984 with the small San Diego & Imperial Valley Railroad on March 8, 1984 (still in service under Genesee & Wyoming).
Flohrs employed three strategies to increase business; aggressive marketing away from the primary rail line, acquiring non-union railroads, and purchasing second-hand locomotives.
The idea worked and he eventually amassed a network of 26 railroads that totaled more than 4,100 route miles. 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 short lines, 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 acquired its two subsidiaries.
RailAmerica has its own story, the product of two entrepreneurial brothers who founded the company in 1985.
According to the article, "The Triumph Of Train NC-2" by author Fred Frailey in the featured in Trains Magazine's June, 2010 issue, their company launched in 1985 when Chessie System spun-off an component of the former Pere Marquette in Michigan, which later became the Huron & Eastern Railway.
Within a decade they had amassed some 75 short lines and went public in 1992. In February, 2007 RA was sold to Fortress Investment for $1.1 billion, which resold the company to Genesee & Wyoming in February, 2012. At the time, RA was the largest short line holding company in the nation.
|Road Number||Model Type||Builder||Year Built||Notes|
|20||"LS-750"||Lima-Hamilton||11/1949||Built as Cincinnati Union Terminal #21. Unit suffered mechanical failure on the I&O's first day of service. Scrapped in late 2000's after cannibalized for parts.|
|51||GP7||EMD||9/1951||Built as CB&Q #223; became Burlington Northern #1579. Sold by I&O to Orange Port Terminal Railway. Scrapped.|
|52||GP7||EMD||10/1953||Built as B&O #743. Transferred to Goderich-Exeter Railway in early 2000's.|
|53||GP7||EMD||9/1953||Built as B&O #723. Sold to National Railway Equipment.|
|54||GP7||EMD||9/1953||Built as B&O #726. Sold to National Railway Equipment.|
|55||GP7||EMD||6/1950||Built as C&O #5704. Sold to Lebanon, Mason & Monroe Railroad.|
|56||GP7||EMD||6/1950||Built as C&O #5705. Acquired by the South Shore Line, circa 1978. Sold to Lebanon, Mason & Monroe Railroad.|
|61||GP9||EMD||6/1956||Built as C&O #6067. Sold to Rail Switching Service (RSSX).|
|62||GP9||EMD||3/1956||Built as C&O #6018. Sold to Cape Breton & Central Nova Scotia Railway.|
|63||GP9||EMD||11/1956||Built as C&O #6018. Sold to Cape Breton & Central Nova Scotia Railway.|
|65/482||GP9||EMD||5/1957||Built as Nickel Plate Road #482; became N&W #2482. Sold.|
|71||GP18||EMD||8/1960||Built as Seaboard Air Line #404. Became Seaboard Coast Line #1060, then Seaboard System #1060. Sold to BioFuel Energy Corp.|
|81||GP30||EMD||6/1962||Built as N&W #532. Scrapped in the mid-2000s.|
|82||GP30||EMD||6/1962||Built as N&W #537. Scrapped in the mid-2000s.|
|83||GP30||EMD||5/1962||Built as Kansas City Southern #106. Scrapped in the mid-2000s.|
|84||GP30||EMD||7/1963||Built as Kansas City Southern #113. Sold to Indiana Southern.|
|85||GP30||EMD||11/1962||Built as Nickel Plate Road #901. Sold to the Cincinnati Railway.|
|86||GP30M||EMD||9/1963||Built as C&O GP30 #3033. Rebuilt by CSX as GP30M #4224. Sold.|
|87||GP30M||EMD||10/1963||Built as C&O GP30 #3046. Rebuilt by CSX as GP30M #4233. Sold.|
|91||DS-4-4-1000||Baldwin||11/1948||Built as Western Railway of Alabama #630; became Seaboard Coast Line #91. Scrapped.|
|92||S12M||Baldwin||9/1951||Built as Patapsco & Back Rivers Railroad #345. Rebuilt as S12M. Scrapped.|
|251||GP35||EMD||3/1964||Built as N&W #224. Sold to Indiana Southern.|
|252||GP35||EMD||4/1964||Built as N&W #232. Sold to Indiana Southern. Scrapped.|
|252||GP35||EMD||4/1964||Built as N&W #232. Sold to Indiana Southern. Scrapped.|
|1354||GP40||EMD||5/1966||Built as N&W #1354, became NS #1354. Worked on both Central Oregon & Pacific and Missouri & North Arkansas. Transferred.|
|1500||SW1500||EMD||3/1972||Built as Penn Central #9555. Became Conrail #9555. Sold to GATX Rail Locomotive Group.|
|1501||SW1500||EMD||10/1973||Built as Penn Central #9582. Became Conrail #9582. Sold to GATX Rail Locomotive Group.|
|2001||RP20BD||RailPower||2007||Built as Grand Trunk Western GP9 #1776 in 6/1956; renumbered as #4450. Spent time on Central Vermont. Sold to St. Lawrence & Atlantic before acquisition by RailPower and rebuilt into model RP20BD. Lettered for Central Railroad of Indiana (CIND).|
|2002||RP20BD||RailPower||-||Lettered for Central Railroad of Indiana (CIND).|
|2058||GP20||EMD||6/1960||Built as Santa Fe #1114 then became #3114 and #3014. Later worked on Toledo, Peoria & Western as #2009/#2058. Sold.|
|2100||GP38-2||EMD||11/1979||Built as Chicago & North Western #4617. Acquired by National Railway Equipment then became Chicago, Fort Wayne & Eastern #3884 before transfer to I&O.|
|2101||GP38-2||EMD||12/1979||Built as Chicago & North Western #4623. Acquired by National Railway Equipment then became Chicago, Fort Wayne & Eastern #3887 before transfer to I&O.|
|2102||GP38-2||EMD||12/1979||Built as Chicago & North Western #4624. Acquired by National Railway Equipment then became Chicago, Fort Wayne & Eastern #3888 before transfer to I&O.|
|2103||GP38-2||EMD||12/1979||Built as Chicago & North Western #4625. Acquired by National Railway Equipment then became Chicago, Fort Wayne & Eastern #3889 before transfer to I&O.|
|2342||SW1500||EMD||3/1970||Built as Southern #2342 and became NS #2342. Acquired by Pittsburgh Industrial as #2342. Sold.|
|2720||GP38-3||EMD||6/1969||Built as Southern GP38 #2720, became NS #2720. Acquired by the Cape Breton & Central Nova Scotia Railway as #3800 and rebuilt by Dallas, Garland & Northeastern a GP38-3. Sold to Locomotive Leasing Partners.|
|3027||GP38AC||EMD||2/1969||Built as L&N #4027; became Seaboard System #6248/#4023 then CSX #2157. Acquired by Kyle Railroad as #5127. Transferred to Central Oregon & Pacific.|
|3043||GP40-2||EMD||2/1969||Built as Baltimore & Ohio #3700.|
|3221||SD40-2||EMD||5/1974||Built as Milwaukee Road #198. Became Soo Line #6362 then Dakota, Minnesota & Eastern #6362.|
|3222||SD40-2||EMD||12/1973||Built as Chicago & North Western #6815; became Union Pacific #2964 then Larry's Truck & Electric #2964.|
|3223||SD40-2||EMD||5/1974||Built as Milwaukee Road #205. Became Soo Line #6366 then Dakota, Minnesota & Eastern #6366.|
|3472||SD40-2||EMD||8/1978||Built as Missouri Pacific #3223; became Union Pacific #4223/B4223. Spent time on Ohio Central as #4028.|
|3488||SD40-2||EMD||12/1977||Built as Burlington Northern #7014; became BNSF #7014.|
|3489||SD40-2||EMD||7/1978||Built as Colorado & Southern (Burlington Northern) #7843; became BNSF #7843.|
|3491||SD40-2||EMD||9/1979||Built as Burlington Northern #7180; became BNSF #7180.|
|3492||SD40-2||EMD||7/1978||Built as Colorado & Southern (Burlington Northern) #7842; became BNSF #7842.|
|3493||SD40-2||EMD||10/1978||Built as Colorado & Southern (Burlington Northern) #7860; became BNSF #7860.|
|3494||SD40-2||GMDD||4/1973||Built as Quebec North Shore & Labrador Railway #260.|
|3801||GP38-3||EMD||9/1969||Built as Southern GP38 #2741, became NS #2741. Rebuilt as GP38-3. Transferred to other G&W properties.|
|3803||GP38-3||EMD||1/1970||Built as Southern GP38 #2788, became NS #2788. Rebuilt as GP38-3. Sold to CIT Group/Capital Finance, Inc.|
|3804||GP38-3||EMD||9/1970||Built as C&O GP38 #4828. Became CSX #2128. Rebuilt as Central Oregon & Pacific GP38-3 #3804. Sold to CIT Group/Capital Finance, Inc.|
|3807||GP38-3||EMD||5/1970||Built as Western Railway of Alabama GP40 #705. Became Seaboard System #6796 then CSX #6796. Rebuilt as GP38-3. Sold to CIT Group/Capital Finance, Inc.|
|3808||GP38-3||EMD||10/1969||Built as Southern GP38 #2718, became NS #2718. Rebuilt as GP38-3. Sold to CIT Group/Capital Finance, Inc.|
|3809||GP38-3||EMD||10/1969||Built as Southern GP38 #2719, became NS #2719. Rebuilt as GP38-3. Sold to CIT Group/Capital Finance, Inc.|
|3810||GP38-3||EMD||10/1969||Built as Southern GP38 #2723, became NS #2723. Rebuilt as GP38-3. Became Central Oregon & Pacific #3810. Sold to CIT Group/Capital Finance, Inc.|
|3811||GP38-3||EMD||10/1969||Built as Southern GP38 #2726, became NS #2726. Became Central Oregon & Pacific #3811. Rebuilt as GP38-3. Sold to CIT Group/Capital Finance, Inc.|
|3812||GP38-3||EMD||6/1969||Built as Southern GP38 #2739, became NS #2739. Spent time on New England Central and Georgia Southwesern. Rebuilt as GP38-3. Sold to CIT Group/Capital Finance, Inc.|
|3838||GP38AC||EMD||5/1971||Built as L&N #4023; became Seaboard System #6241 then CSX #2173. Transferred to Central Oregon & Pacific.|
|3864||GP38-3||EMD||3/1966||Built as Milwaukee Road #191, then #2000. Became Soo Line #2000. Rebuilt as Central Oregon & Pacific GP38-3 #3864. Sold to CIT Group/Capital Finance, Inc.|
|4008||GP40||EMD||8/1968||Built as Missouri-Kansas-Texas #199, became Union Pacific #505. Sold to CIT Group/Capital Finance, Inc.|
|4011||GP40||EMD||8/1968||Built as Missouri-Kansas-Texas #209, became Union Pacific #515. Transferred to Toledo, Peoria & Western.|
|4028||GP40||EMD||11/1967||Built as Seaboard Air Line #635, became Seaboard Coast Line #1552, Seaboard System #6705, and CSX #6705. Spent time with Helm Leasing. Sold.|
|4030||GP40||EMD||2/1969||Built as B&O #3700. Previously numbered as I&O #3043. Sold.|
|4031||GP40||EMD||9/1971||Built as B&O #4028. Became CSX #6603. Sold to the Kiamichi Railroad as #4031.|
|4032||GP40||EMD||1/1967||Built as Seaboard Air Line #638, became Seaboard Coast Line #1555, Seaboard System #6708, and CSX #6708. Spent time with Helm Leasing. Sold.|
|4033||GP40||EMD||1/1970||Built as Seaboard Coast Line #1587. Became Seaboard System #6742 then CSX #6742. Sold to Kyle Railroad.|
|4034||GP40||EMD||5/1970||Built as Seaboard Coast Line #1600. Became Seaboard System #6755 then CSX #6755. Transferred to Chicago, Fort Wayne & Eastern.|
|4035||GP40||EMD||5/1970||Built as Seaboard Coast Line #1609. Became Seaboard System #6763 then CSX #6763. Sold to Kyle Railroad.|
|4036||GP40||EMD||2/1969||Built as Western Railway of Alabama #704. Became Seaboard System #6793 then CSX #6793. Sold to Metra, rebuilt as GP23ECO #10.|
|4050||GP40||EMD||1/1970||Built as Seaboard Coast Line #1585. Became Seaboard System #6740 then CSX #6740. Transferred to Kiamichi Railroad.|
|4070||SD40T-2||EMD||12/1978||Built as Southern Pacific #8529.|
|4071||SD40T-2||EMD||2/1979||Built as Southern Pacific #8567; became Union Pacific #8848.|
|4072||SD40T-2||EMD||1/1979||Built as Southern Pacific #8534; became Union Pacific #8751.|
|4082||SD40-2||GMDD||2/1974||Built as Canadian Pacific #5820.|
|4083||SD40-2||GMDD||1/1975||Built as Canadian Pacific #5694.|
|4084||SD40-2||GMDD||10/1977||Built as Canadian Pacific #5838. Sold to Respondek Railroad Corporation.|
|4085||SD40-2||GMDD||10/1977||Built as Canadian Pacific #5837. Sold.|
|5000||GP50||EMD||12/1980||Built as Burlington Northern #3100, then BNSF #3100. Transferred to Cape Breton & Central Nova Scotia Railway.|
|5001/5011||GP50||EMD||12/1980||Built as Burlington Northern #3101, then BNSF #3101. Transferred to Cape Breton & Central Nova Scotia Railway.|
|5002/5012||GP50||EMD||12/1980||Built as Burlington Northern #3102, then BNSF #3102. Transferred to Cape Breton & Central Nova Scotia Railway.|
|5003/5013||GP50||EMD||12/1980||Built as Burlington Northern #3103, then BNSF #3103. Transferred to Cape Breton & Central Nova Scotia Railway.|
|5004/5014||GP50||EMD||12/1980||Built as Burlington Northern #3104, then BNSF #3104. Transferred to Cape Breton & Central Nova Scotia Railway.|
|5005/5015||GP50||EMD||12/1980||Built as Burlington Northern #3105, then BNSF #3105. Transferred to Cape Breton & Central Nova Scotia Railway.|
|5006||GP50||EMD||12/1980||Built as Burlington Northern #3106, then BNSF #3106. Transferred to Cape Breton & Central Nova Scotia Railway.|
|5007||GP50||EMD||12/1980||Built as Burlington Northern #3107, then BNSF #3107. Transferred to Cape Breton & Central Nova Scotia Railway.|
|5008/5018||GP50||EMD||12/1980||Built as Burlington Northern #3108, then BNSF #3108. Transferred to Cape Breton & Central Nova Scotia Railway.|
|5009/5019||GP50||EMD||12/1980||Built as Burlington Northern #3109, then BNSF #3109. Transferred to Cape Breton & Central Nova Scotia Railway.|
|5016||SD50||EMD||5/1982||Built as Hammersley Iron #6063.|
|5017||SD50||EMD||3/1983||Built as Hammersley Iron #6064.|
|9400||SD45T-2||EMD||6/1975||St. Louis Southwestern (SP) #9400.|
Today, its system contains 543 miles and a diversified traffic base of chemicals, metals, grain, ethanol, lumber, plastics, and other freight.
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.
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). Due to its size the railroad's future appears strong as it serves a significant portion of western Ohio.