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Indiana Rail Road revives downtown truck terminalRestricted Content

September 29, 2012
Chris O'Malley
The Indiana Rail Road Co. has reactivated a closed rail yard through a partnership with a Canadian logistics company, which serves about a dozen of INRD’s customers at the yard.
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Women's retailer plans $37M expansion, 242 jobs

September 27, 2012
New York-based Ascena Retail Group, whose female clothing brands include Justice, Lane Bryant, Maurices and Dressbarn, plans to transform its 794,000-square-foot warehouse in Greencastle into an e-commerce distribution hub.
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CSX passing over Avon yard, investing elsewhereRestricted Content

August 18, 2012
Chris O'Malley
Central Indiana’s rail terminal to the world is CSX Transportation’s Avon yard, in Hendricks County. But don’t look for much in the way of rail shipments from here directly to the West Coast. The yard operates well below capacity. Meanwhile, CSX has been investing hundreds of millions of dollars in infrastructure upgrades to terminals in Ohio and farther east.
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Celadon reports big jump in earnings on higher revenue

July 30, 2012
 IBJ Staff
The Indianapolis-based trucking firm on Monday said earnings rose 63 percent, to $9 million, in the fiscal fourth quarter. Quarterly revenue rose 4 percent, to $157.5 million.
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Ahoy! Cargo traffic up at state's portsRestricted Content

June 30, 2012
Large increases in maritime shipments interpreted as good sign for Indiana economy.
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Local logistics provider FitzMark plans to add 30 jobs

June 14, 2012
Indianapolis-based FitzMark Inc. said it will fill the customer service and purchasing positions by the end of the year. The company was founded in 2007 and has grown to $25 million in annual revenue.
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UPS plans $10 million upgrade on northwest side

June 5, 2012
 IBJ Staff
United Parcel Service Inc. is planning a $10 million modernization project for a regional transportation hub in Indianapolis and is seeking tax incentives to help make it happen. The project would help the company retain 750 local jobs.
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Mexican big rigs shun border, imperiling trucking deal

May 24, 2012
Bloomberg News
A cross-border trucking pact that ended a 17-year trade dispute between the U.S. and Mexico last year may unravel unless more Mexican big rigs start crossing the border. Failure of the program could have an impact on trucking firms like Indianapolis-based Celadon Group Inc.
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Celadon Group names new chief financial officer

April 30, 2012
Associated Press
Celadon Group Inc. announced Monday that it has named Eric Meek as executive vice president, chief financial officer and treasurer, effective immediately, as part of a succession-planning process.
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Growing distributor to expand into Greenwood

April 24, 2012
Kathleen McLaughlin
A distribution company that specializes in handling food for retailers has outgrown its Plainfield space and plans to take up another 400,000 square feet in Greenwood. Prime Distribution estimates it would add 35 employees by 2016.
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Airport wants more nonstop flights

April 20, 2012
Chris O'Malley
Its focus will include trying to attract flights from Indianapolis International to San Francisco, San Diego and Seattle.
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Amazon plans another Indiana warehouse, 1,000 jobs

March 27, 2012
The online retailer said it will open a new warehouse in Jeffersonville and create up to 1,050 jobs by 2015 as part of a $150 million investment. The distribution facility would be the company's fifth in Indiana.
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Despite high jobless rate, trucking firms fight driver shortage

March 21, 2012
Bloomberg News
Trucking companies, including Indianapolis-based Celadon Group Inc., are struggling to find qualified drivers even as the U.S. unemployment rate remains at the highest level in almost 30 years.
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EEOC charges Celadon with discrimination

March 1, 2012
Scott Olson
The agency claims the Indianapolis trucking firm subjected job applicants to medical exams and failed to hire qualified driving candidates because of disabilities. Celadon CEO Steve Russell denies wrongdoing.
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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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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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FedEx launches Indianapolis-Mexico routeRestricted Content

November 26, 2011
Chris O'Malley
Government OKs cargo flights to Guadalajara industrial hub.
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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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Celadon proposes merger with rival USA Truck

October 11, 2011
 IBJ Staff and Bloomberg News
Indianapolis-based Celadon has become USA Truck's seventh-largest investor with a $4.7 million purchase of shares. In a regulatory filing, the truckload carrier reported its interest in combining with its rival.
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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.
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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.
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Amazon plans another area warehouse, more jobs

May 9, 2011
 IBJ Staff and Associated Press
Amazon.com plans to open a third large distribution center in central Indiana this summer that will employ hundreds of workers, the company said Monday morning.
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  1. I think the poster was being sarcastic and only posting or making fun of what is usually posted on here about anything being built in BR or d'town for that matter.

  2. Great news IRL fans: TURBO the IMS sanctioned movie about slugs running the Indy 500 has caught the Securities and Exchange Commission because Dreamworks had to take a $132MILLION write down...because the movie was such a flop. See, the Indy/IMS magic soiled another pair of drawers. Bwahahahahahaha! How's CARTOWN doing? HAHAHAHA...Indy is for losers.

  3. So disappointed in WIBC. This is the last straw to lose a good local morning program. I used to be able to rely on WIBC to give me good local information, news, weather and traffic on my 45 minute commute.Two incidents when I needed local, accurate information regarding severe weather were the first signs I could not now rely on WIBC. I work weekend 12 hour nights for a downtown hospital. This past winter when we had the worst snowfall in my 50 years of life, I came home on a Sunday morning, went to sleep (because I was to go back in Sunday night for another 12 hour shift), and woke up around 1 p.m. to a house with no electricity. I keep an old battery powered radio around and turned on WIBC to see what was going on with the winter storm and the roads and the power outage. Sigh. Only policital stuff. Not even a break in to update on the winter storm warning. The second weather incident occurred when I was driving home during a severe thunderstorm a few months ago. I had already gotten a call from my husband that a tornado warning was just southwest of where I had been. I turned to WIBC to find out what direction the storm was headed so I could figure out a route home, only to find Rush on the air, and again, no breaking away from this stupidity to give me information. Thank God for my phone, which gave me the warning that I was driving in an area where a tornado was seen. Thanks for nothing WIBC. Good luck to you, Steve! We need more of you and not the politics of hatred that WIBC wants to shove at us. Good thing I have Satellite radio.

  4. I read the retail roundup article and tried Burritos and Beers tonight. I'm glad I did, for the food was great. Fresh authentic Mexican food. Great seasoning on the carne asada. A must try!!! Thanks for sharing.

  5. John, unfortunately CTRWD wants to put the tank(s) right next to a nature preserve and at the southern entrance to Carmel off of Keystone. Not exactly the kind of message you want to send to residents and visitors (come see our tanks as you enter our city and we build stuff in nature preserves...

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