Distribution & Logistics

Pitney Bowes moving 30 jobs to Indianapolis area

January 26, 2010
 IBJ Staff and Associated Press
Company plans to close operations in Miamisburg, costing the southwest Ohio city 75 jobs.
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Celadon reports lower profit, higher revenue

January 25, 2010
Indianapolis trucking firm Celadon Group Inc. saw revenue rise to $127.2 million in its fiscal second quarter, although profit fell to $1 million.
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Minority-owned logistics firm lands high-profile investors

January 23, 2010
Chris O'Malley
Wireless phone distributor Brightpoint Inc. is among the backers of a new logistics company that says it might employ 250 by 2012.
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Pickens' natural-gas plan may prove boon to truck builders

January 22, 2010
Bloomberg News
Converting the U.S. trucking industry to natural gas will benefit manufacturers including Columbus-based Cummins Inc., T. Boone Pickens says.
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Grocery distributor buys convenience store supplier

January 21, 2010
An Indianapolis-based grocery wholesaler has purchased the assets of a convenience store supplier in Danville, enabling it to expand its number of customers to 800 in five states.
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Conexus gets $3.45 million from Lilly Endowment

January 15, 2010
 IBJ Staff
Lilly Endowment Inc. is continuing to support the state's advanced-manufacturing initiative, giving Conexus Indiana a grant to help connect potential workers with the necessary training.
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Freight Masters files bankruptcy after losing business from Chrysler, BoeingRestricted Content

December 19, 2009
Chris O'Malley
The minority-owned logistics firm is also involved in a legal battle with a Washington state firm over the loss of its Boeing business.
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Plainfield's MD Logistics sued by Bristol-Myers over lost insulinRestricted Content

December 12, 2009
Chris O'Malley
Two semi-trailers of the medication were stolen in 2007 from a back lot at Daum Trucking, which isn't named in the lawsuit. Bristol-Myers charges MD Logistics with negligence in the $10.7 million suit.
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Builder looks to cold storage for steady work in a weak economyRestricted Content

December 5, 2009
Brock Benefiel
Cold storage might become a hot business for a building contractor.
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Alcohol distributor fights decision allowing big competitor into Indiana

November 28, 2009
J.K. Wall
National Wine & Spirits Inc. suffered a staggering reversal of fortune when the Indiana Alcohol and Tobacco Commission ruled Nov. 5 that Southern Wine & Spirits of America Inc. could distribute here.
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Debt-shedding efforts start to pay off for BrightpointRestricted Content

November 21, 2009
Greg Andrews
The wireless phone wholesaler had survived two prior recessions and recognized the spoils in tough times go to companies with the strongest balance sheets.
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Celadon profit, revenue slides; shares to be listed on NYSE

October 28, 2009
 IBJ Staff
Indianapolis-based trucking company Celadon Group Inc. on Wednesday reported lower revenue and profit during its most recent fiscal quarter, and also announced plans to list its shares on the New York Stock Exchange instead of the NASDAQ starting Nov. 10.
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Water bottler buys Plainfield distribution building

October 21, 2009
Cory Schouten
A California water bottler has purchased a Plainfield distribution building for its first Midwestern outpost.
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Firms line up to find new uses for old airport terminal, other properties

October 10, 2009
Chris O'Malley
The cash-strapped Indianapolis Airport Authority suddenly can’t look soon enough at developing some of its vast real estate holdings, including the city’s former passenger terminal. This month, it plans to conduct final contract negotiations with a firm that would study reuse of the old terminal, adjacent land and other airport holdings.
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Logistics firm expanding headquarters in Greenwood

October 6, 2009
Greenwood-based Avram Worldwide said today that it will expand its headquarters and distribution operations in the city, and plans to create 78 jobs by 2013.
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Brightpoint repurchases shares in settlement

October 2, 2009
Scott Olson
Indianapolis-based Brightpoint Inc. said Friday that it has entered into a settlement agreement with NC Telecom Holding A/S to repurchase about 3 million Brightpoint shares from the Denmark holding company. NC Telecom owned Denmark-based Dangaard Telecom before Brightpoint, the world's biggest wireless phone distributor, bought the cell phone distributor in August 2007.
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Sisters start new trucking firm

September 26, 2009
 IBJ Staff
Two former executives of Carmel-based Performance Marketing Group have launched Rapid Freight Solutions.
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FedEx trying to fend off reclassification of its workforce

September 19, 2009
 IBJ Staff
FedEx brass have been trying to counter legislation pending in Congress being pushed by arch rival United Parcel Service and the Teamsters union.
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Commission OKs Ameriplex, Rexnord tax abatements

September 16, 2009
Scott Olson
The Metropolitan Development Commission this afternoon approved two requests for property tax abatement, including one for a mammoth development known as World Connect at AmeriPlex.
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Phoenix Group expands, may add 200 jobs

August 18, 2009
Scott Olson
The Phoenix Group, a Greenwood-based supply-chain services company, said yesterday that it has added 15 employees within the past month and plans to hire about 200 more workers by the end of 2010.
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Q&A with Indianapolis Airport Authority CEO John ClarkRestricted Content

August 17, 2009
Chris O'Malley
Clark talks to IBJ about how the airport can increase revenue by diversifying its sources of income. The airport can't rely on higher passenger counts to boost its bottom line.
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Vet supplier promises 30 jobs in Whitestown

August 11, 2009
 IBJ Staff
Idaho-based MWI Veterinary Supply Inc. said today it will establish distribution operations in Indiana by leasing space in Whitestown, creating more than 30 new jobs by the end of the year.
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Celadon manages profit amid tough conditions

August 11, 2009
 IBJ Staff
Indianapolis-based Celadon Inc. said yesterday that it eked out a small profit in its fiscal fourth quarter, as the struggling economy continues to batter the trucking industry.
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Expanded FedEx cargo hub not meeting expectationsRestricted Content

June 15, 2009
Chris O'Malley
Indianapolis International Airport, already suffering from a 10-percent drop in passenger traffic and a projected $15 million revenue shortfall this year, is also feeling financial drag from its single most important tenant. FedEx Express cargo shipments, which amount to about half of the $25 million in airfield fees generated at the airport, fell 16 percent in the first three months of this year vs. the same period last year.
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Remove barriers to lower costsRestricted Content

June 1, 2009
Todd Roberson
By preserving residency as a condition to distribute booze, our Legislature is protecting Indiana's existing liquor distributors, many of whom do business in neighboring states like Illinois and Michigan. This antiquated standard is anti-competitive and ultimately means higher prices and reduced selection for Indiana residents.
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