OmniTRAX Named Exclusive Railroad Operator for Ports of Indiana‑Mount Vernon

Indiana port’s billion-dollar commerce engine is latest addition to the OmniTRAX network

The Ports of Indiana announced that OmniTRAX has been named the exclusive rail operator at the Ports of Indiana–Mount Vernon. OmniTRAX will oversee rail operations and invest in infrastructure to support economic development at the Ohio River port. The agreement includes options to handle future port expansions and was praised by port CEO Jody Peacock and OmniTRAX CEO Dean Piacente as a boost for regional commerce. OmniTRAX plans to leverage its experience managing rail and industrial hubs to expand service offerings at Mount Vernon. The Broe Group, owner of OmniTRAX, operates diversified businesses across North America.

About Broe Real Estate Group

Broe Real Estate Group, an affiliate of The Broe Group, acquires, develops and manages commercial real estate assets. Affiliated companies own and manage office and industrial properties, medical office buildings and multi-family communities across the country, including premier assets in many of the most desirable markets. The Broe Group has a 50-year history of value-add real estate investing in Colorado and across the United States. We improve value though the implementation of focused business plans that increase cash flow and create stable income streams. For more information, visit broerealestate.com.

 

About OmniTRAX, Inc.

As one of North America’s largest and fastest growing private railroad and transportation management companies, OmniTRAX’s core capabilities range from providing transportation and supply chain management services to railroad and port companies, to providing intermodal and industrial switching operations to railroads, ports and a diverse group of industrial companies. Through its affiliation with The Broe Group and its portfolio of managed companies, OmniTRAX also has the unique capability of offering specialized industrial development and real estate solutions, both on and off the rail network managed by OmniTRAX. More information is available at omnitrax.com.

 

About The Broe Group

Founded in 1972, The Broe Group is a private, multi-billion-dollar investment group with diversified holdings in real estate, rail, infrastructure, energy, agriculture, water, healthcare and technology throughout 37 North American states and provinces. Its deep operational knowledge derived from owning and operating multi-billion-dollar businesses and the global economic insights gleaned from serving its vast Fortune 500 clientele are strategic differentiators. The Broe Group’s entrepreneurial focus enables it to find true value wherever it resides. For more information, visit broe.com.