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Wheaton acquiring residential mover Bekins
February 11, 2012
Chris O'MalleyWheaton 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.
MoreCargolux adding third weekly European cargo flight
January 13, 2012
Chris O'MalleyInternational flights for Roche Diagnostics from Indianapolis International Airport expand city's export capacity, bolster
airport's cargo ambitions.
MoreFedEx launches Indianapolis-Mexico route
November 26, 2011
Chris O'MalleyGovernment OKs cargo flights to Guadalajara industrial hub.
MoreUpstart Indianapolis logistics firm plans to add 73 jobs
November 9, 2011
IBJ StaffTwo-year-old Spot Freight says it expects to reach $30 million in revenue next year.
MoreCeladon snub obscures other purchases
October 29, 2011
Chris O'MalleyCeladon 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.
MoreQuarterly profit surges for trucking firm Celadon Group
October 27, 2011
IBJ StaffCeladon 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.
MoreRival trucking firm not interested in Celadon merger
October 24, 2011
Cory SchoutenUSA Truck Inc. has turned down a meeting with Indianapolis-based trucking rival and investor Celadon Group Inc. to discuss
a possible merger.
MoreCeladon proposes merger with rival USA Truck
October 11, 2011
IBJ Staff and Bloomberg NewsIndianapolis-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.
MoreFreight 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.
MoreCeladon reports best 4th quarter in 5 years
July 28, 2011
IBJ StaffCeladon 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.
MoreAmazon plans another area warehouse, more jobs
May 9, 2011
IBJ Staff and Associated PressAmazon.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.
MoreBlue Ribbon Transport plans move, new jobs
April 14, 2011
IBJ StaffIndianapolis logistics firm Blue Ribbon Transport Inc. will invest $1 million to move into a larger headquarters, adding as
many as 75 jobs over the next three years, economic development officials said Thursday morning.
MoreHOLT: New York threatens to ballast Indiana exports
April 2, 2011
David HoltRegulations aimed at stopping invasive species are too stiff.
MoreIndiana seeks to become player in cargo flights
March 27, 2011
Associated PressThe state nicknamed the "Crossroads of America" wants to become a preferred landing spot for cargo planes, but industry
leaders say Indiana could have a tough time attracting flights from neighboring states because many airports are competing
for the same business and freight companies are resistant to change.
MoreFreight brokerage plans local office, 50 jobs
March 15, 2011
IBJ StaffCincinnati-based Total Quality Logistics Inc., a national freight brokerage firm, plans to open a satellite office in Indianapolis
in April.
MoreTruck stocks signal economic growth
February 24, 2011
Bloomberg NewsCompanies that act as brokers for trucking services are gaining favor with investors as the 20-month-old rebound shifts into
a new phase that’s less dependent on inventory restocking.
MoreCeladon sees quarterly rise in profit, revenue
January 25, 2011
IBJ StaffThe Indianapolis-based trucking company reported revenue of $133.1 million, up 4.6 percent from the same quarter of 2009.
Profit rose to $2.9 million from $1 million.
MoreFamily Dollar plans 350 jobs in northeast Indiana
January 19, 2011
Scott OlsonA $70 million investment in a new distribution center by the North Carolina-based discount retailer is expected to create
up to 350 jobs. The facility should be operational by spring 2012.
MoreHOLT: Regional airports can fuel economic development
December 4, 2010
David HoltSome smaller airports have excess cargo capacity.
MoreOnline Transport buys Frontier assets from Toronto firm
December 1, 2010
Greenfield trucking company buys 794 trailers from Toronto-based Vitran Corp. for about $5 million to bolster operations.
MoreLogistics provider moves to city’s northwest side
November 30, 2010
FitzMark Inc. relocates to space on Zionsville Road to accommodate growth, much of it resulting from the launch of an online
subsidiary called FreightCity Inc.
MoreFedEx launches nonstop flights from China to Indy
November 16, 2010
Chris O'MalleyFirst nonstop scheduled cargo flights from China are a milestone for Indianapolis International Airport and could attract
companies that rely on ready access to Asia.
MoreCeladon's quarterly profit, revenue improve
October 26, 2010
IBJ StaffThe Indianapolis-based trucking company reported revenue of $140.3 million for the fiscal first quarter and profit of $4.4
million.
MoreLacy company takes stake in Oregon logistics firm
September 18, 2010
IBJ StaffLDI Ltd. has acquired a majority position in Portland-based Oregon International Air Freight Co.
MoreCeladon reports higher quarterly, fiscal-year profit
August 2, 2010
CEO Steve Russell attributed the improved earnings to a recovering freight environment, coupled with a decrease in
competition. Celadon also is benefiting from increased trade with Mexico.
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It's also across the street from Fogo de Chao and Morton's....
Yep, the haters are trying to make good news bad. I guess it is hard to get people to believe the series is dying when they are gaining new sponsors.
David Copperfield! I remember watching his specials on TV when I was little.
Don't forget this is next to an MMA gym, a pawn shop, and some abandoned spaces.
Good project for Zionsville - A group who has owned the property for many years has waited and worked patiently to bring highest and best use development to a major corridor, and mix that in with the great downtown you have. Win Win. All the Best to Pittman Partners and Zionsville.