OmniTRAX to Serve Indiana Port

The River Ridge Development Authority of Jeffersonville, Indiana, will terminate its lease with Mid-America Rail Storage and Leasing on Oct. 31.

The action is a result of the settlement of a lawsuit that Mid-America filed in July regarding the appraisal of rail assets at River Ridge Commerce Center.

The lease was due to expire in 2027 but the settlement will allow an earlier termination. Mid-America is currently leasing the rail assets of the River Ridge facility.

River Ridge is poised to enter into a new partnership with short line operator OmniTRAX.

OmniTRAX will assume operation of the assets at River Ridge next month. It has agreed to further develop the rail infrastructure at the commerce center.

Officials said 4,000 acres of River Ridge are still available for development with the facility able to accommodate projects ranging from 1 acre to 1,400 acres.

Tags: Jeffersonville Indiana, Mid-America Rail Storage and Leasing, OmniTRAX, River Ridge Development Authority