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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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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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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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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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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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Top logistics execs draw road map for industryRestricted Content

May 4, 2009
Chris O'Malley
On the menu of Indiana's economic development initiatives, the logistics industry has had all the appeal of truck stop coffee. Meanwhile, the information technology and life sciences sectors—and recently clean tech—have had everyone salivating. Logistics, however, is cooking up a new strategy.
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Automation hitting new levels at distribution centersRestricted Content

February 9, 2009
Sam Stall
In early April, the 110,000-square-foot Indianapolis distribution center of California-based medical-device supplier DJO Inc. will quietly roll out a revolutionary automated package-handling system.
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Diesel dip in price not fueling trucking recoveryRestricted Content

December 8, 2008
Scott Olson
Hampered much of the year by high fuel prices, trucking companies still may be in for a long haul before they're back on the road to recovery.
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Indiana prepares roadmap to stay leader in logisticsRestricted Content

December 8, 2008
Carol D'amico
Conexus Indiana, an industry-driven advanced manufacturing and logistics initiative, is spearheading the development of a strategic logistics plan.
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Recession squeezes local logistics industryRestricted Content

July 21, 2008
Peter Schnitzler
State economic development leaders remain bullish on Indiana's future as a logistics hub even as two local players have been forced into bankruptcy and others struggle with high fuel prices.
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Rising fuel costs may mean comeback for freight trainsRestricted Content

June 9, 2008
Chris O'Malley
Spiking diesel fuel prices have deflated trucking stocks and made road kill out of many a small motor carrier. It's sweet irony for anyone who's worn a pinstriped cotton cap to work. The rising price of diesel is poised to invigorate a mode of transportation that trucks nearly annihilated--the 40 freight railroads crisscrossing the state.
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Celadon tries to reverse declineRestricted Content

December 24, 2007
Chris O'Malley
In just over one quarter, shares of Celadon Group lost nearly half their value as profitable cargo got harder to find in a slowing economy. The stock closed at $9.13 on Dec. 19, down from nearly $17 in late August.
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Feds eliminate quirky price-fixing rule for interstate moversRestricted Content

November 26, 2007
Chris O'Malley
Interstate moving companies have operated for decades under industrywide price fixing blessed by the federal government. But the system--one Tony Soprano and the boys in the back room of Bada Bing would love--will end Dec. 31, ushering in price cuts and other changes that could affect the cost of a move.
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  1. Really, taking someone managing the regulation of Alcohol and making himthe President of an IVY Tech regional campus. Does he have an education background?

  2. Jan, great rant. Now how about you review the report and offer rebuttal of the memo. This might be more conducive to civil discourse than a wild rant with no supporting facts. Perhaps some links to support your assertions would be helpful

  3. I've lived in Indianapolis my whole and been to the track 3 times. Once for a Brickyard, once last year on a practice day for Indy 500, and once when I was a high school student to pick up trash for community service. In the past 11 years, I would say while the IMS is a great venue, there are some upgrades that would show that it's changing with the times, just like the city is. First, take out the bleachers and put in individual seats. Kentucky Motor Speedway has individual seats and they look cool. Fix up the restrooms. Add wi-fi. Like others have suggested, look at bringing in concerts leading up to events. Don't just stick with the country music genre. Pop music would work well too I believe. This will attract more young celebrities to the Indy 500 like the kind that go to the Kentucky Derby. Work with Indy Go to increase the frequency of the bus route to the track during high end events. That way people have other options than worrying about where to park and paying for parking. Then after all of this, look at getting night lights. I think the aforementioned strategies are more necessary than night racing at this point in time.

  4. Talking about congestion ANYWHERE in Indianapolis is absolutely laughable. Sure you may have to wait in 5 minutes of traffic to travel down BR avenue during *peak* times. But that is absolutely nothing compared to actual big cities. Indy is way too suburban to have actual congestion problems. So please, never bring up "congestion" as an excuse to avoid development in Indianapolis. If anything, we could use a little more.

  5. Oh wait. Never mind.

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