Transportation, Distribution & Logistics

Republic Airways CEO talks Bombardier jet plans

May 24, 2012
Associated Press
The CEO of feeder airline operator Republic Airways Holdings Inc. said on Wednesday that new Bombardier jets could be flown in the United States in a partnership with one of the big airline alliances.
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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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Airport authority trims executive ranks in cost-cutting move

May 24, 2012
Chris O'Malley
The Indianapolis Airport Authority has eliminated three executive positions, a move its board president says reflects a return to a more conventional and efficient corporate structure.
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Next Indiana governor won't see much toll road money

May 13, 2012
Associated Press
The $3.8 billion that Indiana netted in 2006 from leasing the Indiana Toll Road to a foreign consortium will be mostly spent or allocated by the time the state's next governor takes office in January
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Airport faces fiscal headwindsRestricted Content

May 12, 2012
Chris O'Malley
The Indianapolis Airport Authority recorded a $31.3 million operating loss in 2011, a result that new board President Michael Wells believes underscores the need to find new sources of revenue.
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Republic, Bedford fall out of favor in MilwaukeeRestricted Content

May 12, 2012
Indianapolis-based airline holding company and its leader stir passions in city hit hard by Frontier cutbacks.
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KAR Auction revenue up, profit down

May 8, 2012
 IBJ Staff
Carmel-based KAR Auction Services Inc. saw revenue climb but profit shrink in the first quarter, the company said Monday.
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Airport seeking auctioneer to sell off assortment of cast-offsRestricted Content

May 5, 2012
Sale of items such as X-ray machines and windsock poles typically raises $1 million for general fund.
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Frontier Airlines to cut 11 flights from Milwaukee

May 1, 2012
Associated Press
Frontier Airlines says it will cut 11 flights out of Milwaukee and put 125 workers on furlough effective June 1.
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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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Proposed Indy airline gets audience with Venture ClubRestricted Content

April 28, 2012
Legacy Travel Club needs to raise $50,000 to unlock commitments from angel investors.
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BrightPoint stock sinks on lower earnings report

April 27, 2012
Kathleen McLaughlin
BrightPoint Inc. stock fell as much as 12 percent early Friday morning following disappointing first-quarter earnings that prompted the company to lower its 2012 financial forecast.
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Republic Airways charts rebound for small jet unit

April 27, 2012
Chris O'Malley
While turnaround plans at Frontier Airlines capture most of the attention, Republic Airways Holdings Inc. is also trying to revitalize its smaller Chautauqua Airlines unit.
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Indianapolis lands nonstop air service to Myrtle Beach

April 26, 2012
Chris O'Malley
Indianapolis International Airport has landed seasonal, nonstop service to Myrtle Beach, S.C., starting May 31. Vision Airlines said Thursday that it will fly the route using Boeing 737s through Oct. 31.
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Republic reports smaller loss on higher revenue

April 26, 2012
Republic Airways Holdings Inc. on Wednesday reported higher revenue and a smaller loss in the first quarter compared to the same period a year ago.
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Some still not sold on I-69 plans in southern Indiana

April 25, 2012
Associated Press
The complaints were quieter but still firm during the latest public hearing about plans for the Interstate 69 extension through southern Indiana.
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Celadon reports higher quarterly profit, revenue

April 24, 2012
 IBJ Staff
Celadon Group Inc. saw higher revenue and profit in its latest fiscal quarter, the Indianapolis-based trucking firm announced Tuesday night.
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Airport's ex-CEO lands job at Gary Chicago International

April 24, 2012
Associated Press
Former Indianapolis Airport Authority CEO John Clark has landed a six-month job in a business development role at Gary Chicago International Airport.
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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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Hamilton County I-69 widening will reduce lanes

April 23, 2012
Associated Press
A project to widen Interstate 69 at the 116th Street/Indiana 37 interchange in Fishers will restrict traffic to two lanes in both directions beginning in June.
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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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Southern Indiana officials celebrate I-69 extension work

April 18, 2012
Associated Press
Several government and business leaders participated in a groundbreaking ceremony Tuesday for the 27-mile stretch of I-69 from near the Crane Naval Surface Warfare Center to Indiana 37 south of Bloomington.
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Airport clips wings on international travel by employees

April 18, 2012
Chris O'Malley
A proposed travel schedule for Indianapolis Airport Authority employees for the remainder of the year is devoid of trips to overseas destinations. Airport leaders spent lavishly on travel last year.
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Manufacturer plans distribution center in Plainfield

April 17, 2012
 IBJ Staff
Wisconsin-based Regal Beloit Corp. has hired Browning/Duke Realty to build a 376,000-square-foot distribution center in Plainfield, the company announced Tuesday.
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Officials look to control growth on upgraded U.S. 31

April 11, 2012
Associated Press
Traffic authorities are looking to control development that might follow the project upgrading parts of U.S. 31 between Indianapolis and South Bend.
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  1. City-County Councilor Angela Mansfield and Bob Lutz have a case of wishful thinking.

    They obviously don't really care about the cost.

    They should.

    Extending Federal Benefits to Same-Sex Couples Will Cost $898M, CBO Says

    http://www.foxnews.com/politics/2009/12/22/extending-federal-benefits-sex-couples-cost-m-cbo-says/

  2. Brett, be careful what you lie about, the truth always comes out.

    "IMS's George Honored: Tony George, Indianapolis Motor Speedway president and chief executive officer, received the inaugural Pioneering and Innovation Award at the Autosport Awards Dec. 5 in London for his leadership in the development of the Steel and Foam Energy Reduction (SAFER) Barrier. George received the award at the annual gala at the Grosvenor House on behalf of the creators of the SAFER Barrier from Prince Salman Bin Hamad Al Khalifa, the leader of the Bahrain International Grand Prix circuit. This is the fourth major award that has been presented to honor George and the SAFER Barrier development team. The SAFER Barrier also received the Louis Schwitzer Award, SEMA Motorsports Engineering Award and GM Racing Pioneer Award in 2002. The SAFER Barrier was installed in all four turns of the Indianapolis Motor Speedway a pioneer in safety for drivers, cars and tracks -- in time for the 86th Indianapolis 500 in 2002. It since has been installed at more than a dozen other tracks, and the latest iteration will be installed at the Speedway in the spring.(IMS PR), see more on my Indy Track News page.(12-7-2004)"

    As far as the cart safety team, I cannot find anything on its date of creation. The Delphi Safety team was created in 1996. For some reason there is not much info out there on defunct racing series.

  3. Great article Anthony. Glad IMS is finally being run like a business and not a personal check book to finance the "Vision".

    Things are looking up but 15 years of scorched earth won't be fixed overnight. Unfortunately the TV ratings are still poor and that won't change anytime soon with the brilliant 10 year contract signed under the former regime.

  4. Brett not sure why you wonder what he said in his quote. "''I would like to jump in a time machine, go back to 1995, and tell the owners and Tony George not to split,'' Franchitti said. ''As soon as my time machine is done, I know where I'm going.''"

    Pretty clear, he would love to go back and tell TG and the team owners not to split.

    I am not sure there is anyone who wanted the split, and I don't think there is anyone who would not like to go back and prevent the split. But, as has been discussed ad nauseum, without the split carts management by team owners would have run all of ow racing into bankruptcy. If cart had such a wonderful product, then losing IMS would not have forced it into bankruptcy. If NASCAR lost Daytona or Charlotte, it would not fail like cart did.

    Truth,

    So you predicted that cart would go into bankruptcy and cease to exist while Indycar would continue on? I missed that prediction.

  5. I want to live in a city that has a garage structure to be proud of for it's innovating design!

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