Tuesday, July 01, 2014
INDOT Chooses Chicago Company To Operate Indy To Chicago Passenger Rail Line
The Indiana Department of Transportation announced yesterday that it chose Corridor Capital of Chicago over three other competitors to run a passenger rail line service between Indianapolis and Chicago. INDOT will not release any information about what is contained in Corridor Capital's proposal until it has signed a final agreement with the company. The line would offer limited services along the former Amtrak line. It would operate just four times a week and be supported financially by communities along the route, including Indianapolis and Lafayette. Can someone tell me why someone would prefer a more costly train ride to Chicago over the popular Megabus that runs frequent daily trips between Indianapolis and Chicago at low rates? By the way, Corridor Capital's founder, James Coston, is a big political contributor to Democratic candidates in Illinois and elsewhere, which makes his company's selection by the Pence administration interesting.