In June 1985, the Illinois Central Gulf Railroad (ICG) sold a portion of its circuitous route between Kankakee and Bloomington to a new spin-off railroad company which called itself "The Bloomer Line" (after the ex-Illinois Central Railroad division it had purchased). Specifically, the Bloomer Line purchased the right-of-way between Herscher and Barnes. The railroad has since taken the line between Herscher and Kempton and Barnes and Colfax out of service.
The Bloomer Line is owned by Alliance Grain Company, which owns the eight grain elevators served by the railroad. It is primarily a grain transporter, shipping carloads of corn, soybeans and wheat from these locations to the connecting railroads, but also serves several other industries, including a soybean processing plant in Gibson City and a fertilizer distribution facility in Colfax.
Bloomer Line locomotives are painted bright red and labeled in a font which looks very similar to that used on the former Chicago, Burlington and Quincy Railroad.
Locomotive maintenance was conducted at Chatsworth until shops were constructed at Gibson City after that line was purchased.