North Judson Completes Rail Line Sale

An Indiana city has completed the sale of a short line railroad to Midwest & Bluegrass Rail.

The short line hold company purchased the 33-mile line, which North Judson had owned for 17 years.

The town had purchased the former Chesapeake & Ohio line years earlier when CSX sought to abandon it.

The town council and redevelopment commission approved creation of a redevelopment commission fund to handle the money resulting from the sale.

M&B subsidiary Cheaspeake & Indiana was already the line’s freight operator. A tourist train operation also uses a portion of the line

The winning bid of $2.725 million was the highest of three submitted.

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