OmniTRAX drafts $8.5M plan to Port of Brownsville

BROWNSVILLE – OmniTRAX, one of the biggest private railroad and transportation management companies in North America, signed a 30-year franchise agreement with Brownsville Navigation District commissioners.

This gives the company control over the Brownsville & Rio Grande International Railroad, which serves the port, and the responsibility of bringing in new industry.

Specifically, the agreement requires OmniTRAX — an affiliate of Denver-based The Broe Group — to invest at least $8.5 million to develop a master plan of a 1,200-acre, seven-parcel industrial park on port land.

The mapped out parcels of the industrial park, which OmniTRAX has dubbed the “GEOTRAC Industrial Hub,” including first- and second-phase sites for the park’s business incubator.

Steel will figure largely in the Port of Brownsville’s future, according to OmniTrax.

Brownsville-Harlingen Market Research, Brownsville-Harlingen NewsTalk