The Indianapolis Industrial Center (IIC) announced that it has entered into an agreement for rail siding improvements and rail service with CSX Transportation, one of the nation’s largest rail carriers.
The new agreement will allow CSX to access the rail siding and serve clients at the IIC industrial park at 3000 S. Shelby St. in Indianapolis.
“This is a major development for the center,” said Don Foley Jr., president of the Indianapolis Industrial Center and its parent company, Merchandise Realty Corp.
“With rail service, we can pursue a wide range of business partnerships through CSX, and position the park to serve the needs of logistics and manufacturing companies throughout Central Indiana and around the Midwest,” Foley said. “We believe that the combination of rail service with our indoor rail sidings, access to interior bridge cranes of up to 25 ton capability, and the flexible logistics options, will provide a unique set of competitive solutions to our clients.”
Jeff Wagoner, manager of industrial development for CSX, said that the agreement will expand CSX service opportunities through both the rail freight services and its network of industrial warehouses, which will now include the IIC’s industrial campus.
“A lot of work went into this agreement and the physical improvements to both IIC’s and CSX’s rail sidings,” Wagoner said. “We are optimistic that these investments will pay off well beyond the initial traffic already committed, and provide growth opportunities for both parties.”
Work on the rail siding is scheduled to end this week with the first rail deliveries expected later this month.
