Distribution & Logistics

Wheaton acquiring residential mover BekinsRestricted Content

February 11, 2012
Chris O'Malley
Wheaton World Wide Moving is buying the nation’s oldest and one of its largest household movers, Bekins Van Lines. The deal is expected to bring 38 jobs to Wheaton’s northeast-side headquarters.
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Fishers warehouse to close, costing 248 jobs

February 10, 2012
Kathleen McLaughlin
New York-based Sony DADC Americas will start shutting down its Fishers distribution facility in May and lay off all 248 workers by September, the company said Friday morning.
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Warehouse company expands in Franklin

February 9, 2012
Kathleen McLaughlin
A refrigerated warehouse company plans to expand its facility in Franklin, investing $26 million and creating as many as 50 jobs by 2014.
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Scopelitis Garvin Light Hanson & Feary opens Dallas officeRestricted Content

February 9, 2012
 IBJ Staff
It is the ninth office for Scopelitis, which serves the trucking, transportation and logistics industries.
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Greenwood entices e-commerce company to stay

February 8, 2012
Kathleen McLaughlin
The Greenwood Redevelopment Commission on Tuesday evening approved an incentives agreement with One Click Ventures LLC, which plans to hire 109 people over the next five years.
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Local trucking company shut down for safety violations

February 8, 2012
 IBJ Staff
Indianapolis-based trucking firm U & D Service Inc. was ordered to cease operations by federal authorities after being declared an “imminent hazard” to public safety.
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Distribution plan keeps provisions plentiful despite crowds

February 3, 2012
Cory Schouten
Downtown's Super Bowl revelry still is going strong thanks in large part to a special distribution strategy that includes extra routes, earlier deliveries and an ample supply of food and booze to replenish local establishments. (with video)
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Brightpoint posts record revenue for 2011

February 1, 2012
Kathleen McLaughlin
The Indianapolis-based provider of logistics services to the wireless-phone industry said it earned $48.8 million on revenue of $5.24 billion last year.
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Celadon sees jump in quarterly profit, revenue

January 25, 2012
 IBJ Staff
Indianapolis-based trucking firm Celadon Group Inc. earned $5.4 million in its latest quarter compared with $2.9 million in the same period in 2010.
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Pet specialty retailer plans 135 jobs in Indiana

January 24, 2012
Pet Supplies Plus said it will add the positions by relocating its warehousing operations from Michigan to Seymour, 60 miles south of Indianapolis.
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Indiana deals ranged upward of $800 millionRestricted Content

January 21, 2012
Mergers and acquisitions in 2011 ranged from WellPoint's acquisition of CareMore to a trucking company merger.
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Indianapolis-area mergers and acquisitions in 2011Restricted Content

January 21, 2012
A number of acquisitions last year disclosed no sale price. In the Indianapolis area, those deals ranged from MacAllister Machinery's purchase of a Caterpillar dealership in Michigan to Herff Jones' acquisition of a Memphis, Tenn.-headquartered maker of cheerleading uniforms.
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Cargolux adding third weekly European cargo flight

January 13, 2012
Chris O'Malley
International flights for Roche Diagnostics from Indianapolis International Airport expand city's export capacity, bolster airport's cargo ambitions.
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Indiana reaches online sales tax deal with Amazon.com

January 9, 2012
 IBJ Staff and Associated Press
Amazon.com will begin collecting Indiana's 7-percent sales tax from customers in 2014 under an agreement with the state announced Monday.
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Great-grandson of LDI's founder prepares to take reinsRestricted Content

January 7, 2012
Kathleen McLaughlin
In a world that likes to see businesses grow by leaps and bounds, LDI Ltd. is a tortoise. The family-owned holding company typically hangs onto firms in its portfolio for 15 years or more. It might take more than two years to zero in on an acquisition target. And it’s putting its next CEO, J.A. Lacy, through a year-long apprenticeship.
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City signs off on Celadon tax abatements

January 4, 2012
The abatements will help the company build a $3.4 million, 36,000-square-foot office building at its far-east-side headquarters. Celadon also plans to add 100 jobs.
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Celadon plans expansion, $3.4M office building

December 16, 2011
Scott Olson
Celadon Group Inc. is seeking tax abatements from the city to build a $3.4 million office building at its far-east-side headquarters. The local trucking firm plans to hire 100 more employees by 2016.
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Kokomo upshifting with Chrysler investmentRestricted Content

December 3, 2011
Kathleen McLaughlin
City north of Indianapolis feels the power of $1.3 billion upgrade of equipment in automaker's transmission plants.
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Brightpoint ramping up repair servicesRestricted Content

December 3, 2011
Scott Olson
Cell phone distributor views used market as lucrative.
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FedEx launches Indianapolis-Mexico routeRestricted Content

November 26, 2011
Chris O'Malley
Government OKs cargo flights to Guadalajara industrial hub.
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Logistics company plans 315 jobs in North Vernon

November 14, 2011
 IBJ Staff
Exegistics, a Wheeling, Ill.-based logistics service provider, said Monday it plans to spend about $9 million to build a rail-sided distribution facility in North Vernon, creating up to 315 jobs by the end of 2014.
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Upstart Indianapolis logistics firm plans to add 73 jobs

November 9, 2011
 IBJ Staff
Two-year-old Spot Freight says it expects to reach $30 million in revenue next year.
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Celadon snub obscures other purchasesRestricted Content

October 29, 2011
Chris O'Malley
Celadon Group has swallowed, whole or in part, nine trucking firms in as many years. But the acquisition momentum lurched to a halt late this month like a semi stopped by a runaway-truck ramp when it was rebuffed by Arkansas-based USA Truck. Since then, Celadon hasn’t signaled its next move.
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Quarterly profit surges for trucking firm Celadon Group

October 27, 2011
 IBJ Staff
Celadon Group Inc.’s first-quarter profit grew nearly 23 percent, to $5.4 million, or 24 cents a share, on revenue of $141.5 million.
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Rival trucking firm not interested in Celadon merger

October 24, 2011
Cory Schouten
USA Truck Inc. has turned down a meeting with Indianapolis-based trucking rival and investor Celadon Group Inc. to discuss a possible merger.
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  1. These liberals are out of control. They want to drive our economy into the ground and double and triple our electric bills. Sierra Club, stay out of Indy!

  2. These activist liberal judges have gotten out of control. Thankfully we have a sensible supreme court that overturns their absurd rulings!

  3. Maybe they shouldn't be throwing money at the IRL or whatever they call it now. Probably should save that money for actual operations.

  4. For you central Indiana folks that don't know what a good pizza is, Aurelio's will take care of that. There are some good pizza places in central Indiana but nothing like this!!!

  5. I am troubled with this whole string of comments as I am not sure anyone pointed out that many of the "high paying" positions have been eliminated identified by asterisks as of fiscal year 2012. That indicates to me that the hospitals are making responsible yet difficult decisions and eliminating heavy paying positions. To make this more problematic, we have created a society of "entitlement" where individuals believe they should receive free services at no cost to them. I have yet to get a house repair done at no cost nor have I taken my car that is out of warranty for repair for free repair expecting the government to pay for it even though it is the second largest investment one makes in their life besides purchasing a home. Yet, we continue to hear verbal and aggressive abuse from the consumer who expects free services and have to reward them as a result of HCAHPS surveys which we have no influence over as it is 3rd party required by CMS. Peel the onion and get to the root of the problem...you will find that society has created the problem and our current political landscape and not the people who were fortunate to lead healthcare in the right direction before becoming distorted. As a side note, I had a friend sit in an ED in Canada for nearly two days prior to being evaluated and then finally...3 months later got a CT of the head. You pay for what you get...

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