Distribution & Logistics

FedEx launches Indianapolis-Mexico routeRestricted Content

November 26, 2011
Chris O'Malley
Government OKs cargo flights to Guadalajara industrial hub.

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.

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.

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.

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.

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.

LDI names new president as part of succession plan

October 20, 2011
J.A. Lacy, son of company chairman Andre Lacy, ultimately will ascend to CEO in 2013, when current chief executive David Shane is set to relinquish the top job.

Indiana senator pushes taxing online sales

October 19, 2011
 IBJ Staff and Associated Press
Sen. Luke Kenley, R-Noblesville, plans to ask his Statehouse colleagues Thursday to help him lobby Congress for the right to tax online sales.

LEADING QUESTIONS: LDI chairman Lacy still charging hard

October 5, 2011
Mason King
LQ_Lacy_watchvideoWhat's next on Andre Lacy's bucket list after a 9,300-mile round trip via motorcycle to the Arctic Circle? Why stay active at LDI Ltd. after passing the CEO reins? As a state fair leader, how does he regard the stage-collapse tragedy? The 72-year-old dynamo has answers.

Brightpoint opens logistics facility in Plainfield

September 28, 2011
The 200,000-square-foot center is Brightpoint's third "reverse logistics" and repair facility. The others are in Puerto Rico and Fort Worth, Texas.

Vera Bradley plans to expand distribution center

September 22, 2011
Associated Press
Handbag and luggage maker Vera Bradley Inc. says it plans to invest $22.5 million to nearly double the size of its Roanoke distribution center in northeastern Indiana, creating up to 124 new jobs by 2015.

Local distributor HP Products acquires St. Louis company

September 13, 2011
Indianapolis-based HP Products Corp. has acquired Renard Paper Co., a 58-year-old distributor of commercial-cleaning, paper and food-service products, based in the St. Louis area.

GM site ripe for manufacturing or a judicial centerRestricted Content

August 27, 2011
Chris Barnett / Special to IBJ
The Urban Land Institute panel’s plan for the General Motors plant site ignores some realities in favor of presenting a relatively predictable New Urbanism redevelopment plan.

Marsh outsourcing distribution to East Coast firm

August 22, 2011
 IBJ Staff
Marsh Supermarkets Inc. plans to outsource distribution services for all 97 of its stores to C&S Wholesale Grocers Inc. Marsh said 250 logistics workers will become employees for C&S.

Freight carrier plans to expand, add 183 local jobs

August 17, 2011
Thomasville, N.C.-based Old Dominion Freight Line said a $22 million investment will be used to upgrade its existing 122,340-square-foot facility on the southwest side.

KAR Auctions reports $14M quarterly loss

August 9, 2011
Associated Press
Carmel-based used and salvaged vehicle auctioneer KAR Auction Services, Inc. said it lost $14.3 million in the second quarter due to the early payoff of debt.

Harrison, Conexus create logistics degree program

August 5, 2011
J.K. Wall
The associate's programs will begin in September for students at Harrison College, a for-profit school formerly known as Indiana Business College.

Celadon reports best 4th quarter in 5 years

July 28, 2011
 IBJ Staff
Celadon Group Inc. put together its best fourth fiscal quarter since 2006, with earnings doubling over the same period a year ago, to $5.5 million.

Nearly 100 Indiana post offices to undergo review

July 26, 2011
Associated Press
The financially-troubled U.S. Postal agency announced Tuesday that it will study more than 3,600 offices, branches and stations throughout the nation for possible closing.

UPDATE: Medco acquisition could lead to local consolidation

July 21, 2011
 IBJ Staff and Bloomberg News
It’s not yet clear how Express Scripts Inc.’s $29.1 billion acquisition of rival Medco Health Solutions will affect the companies’ central Indiana operations—or their 800-plus employees at two facilities here.

Logistics firm adding 191 jobs in Greensburg

July 15, 2011
 IBJ Staff
Auto parts supplier One Solution Logistics of Indiana Inc. will expand its operations in Greensburg, creating as many as 191 jobs as the Honda Motor Co. plant there adds a second shift, state economic development officials announced Friday.

Amazon planning fourth area distribution center

July 6, 2011
Kathleen McLaughlin
Amazon.com plans to open a second warehouse in Plainfield this year, the company announced Wednesday. The online retailer's fourth location in central Indiana is expected to create hundreds of jobs.

Logistics firm planning 415 jobs in Plainfield

June 28, 2011
Ozburn-Hessey Logistics plans to expand its distribution center in the Hendricks County town and create up to 415 new jobs by 2015. Based in Tennessee, OHL is one of the largest third-party logistics providers in the world.

Merger of cell phone titans takes glow off BrightpointRestricted Content

June 18, 2011
Greg Andrews
Some analysts say investors overreacted to the risk Brightpoint would lose T-Mobile as a customer. Merriman Capital's Scott Searle estimates the earnings impact from losing that client would be “dramatically less than investors originally feared” and “is more than adequately reflected in the stock price.”

Federal judge dismisses Brightpoint fraud suit

June 13, 2011
Scott Olson
A London-based hedge fund sued Brightpoint over a $10 million loan it alleged the Indianapolis-based mobile phone distributor fraudulently brokered in anticipation of an acquisition that never materialized.
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