Transportation, Distribution & Logistics

Canopy company to make repairs at airport after collapse

June 13, 2014
Kathleen McLaughlin
The Indianapolis International Airport won't file an insurance claim over the failure of its garage canopy because vendor Span Systems has agreed to cover part of the repairs.
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GM continues down recall road, now citing Camaros

June 13, 2014
Associated Press
The automaker is recalling nearly 512,000 Chevrolet Camaro muscle cars from 2010 to 2014 because a driver's knee can bump the key and knock the switch out of the "run" position.
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Illiana highway ruling slowed by wildlife concerns

June 11, 2014
Associated Press
Federal approval for the Illiana Expressway toll road has been delayed by concerns from the U.S. Fish and Wildlife Service partly over how the project might affect endangered species, an Indiana Department of Transportation project manager said.
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State excels in manufacturing and logistics, but issues loom

June 11, 2014
Anthony Schoettle
Manufacturing Logistics Hicks watch videoIndiana's sectors are among the strongest in the nation, according to a recent report. But challenges remain in work force education, the cost of worker benefits, and the pace of innovation.
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Roberts leaving downtown location as part of $2.5M expansion

June 11, 2014
Scott Olson
The retailer of photo, video and electronics equipment will move from 255 S. Meridian St. to larger downtown space at 220 E. St. Clair St. Roberts plans to add 35 workers by 2018.
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Heads roll at GM after investigation of defective switch

June 5, 2014
Associated Press
The automaker says 15 employees—many of them senior legal and engineering executives—have been forced out of the company for failing to disclose the defect linked to 13 deaths.
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City-County Council OKs $16M more in road-repair spending

June 3, 2014
The amount adds to the already $8.3 million in street-repair spending that was approved by the council May 12.
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Online grocer plans 238 jobs in Indianapolis

June 2, 2014
 IBJ Staff
Peapod Inc., an online grocery-delivery service, is seeking city tax incentives to help it with an expansion that would create 238 jobs by 2018. The jobs would pay about $15 per hour.
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Shine comes off privatization for state projects

May 26, 2014
Associated Press
New approaches to privatization have forced officials in Indiana and Illinois to rethink their funding plans for the 47-mile Illiana Expressway.
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Big-rig seller Stoops to unload six-location dealership

May 23, 2014
Kathleen McLaughlin
Stoops Freightliner, an Indianapolis truck and trailer dealer, has agreed to sell to a larger dealership after more than 25 years in business. Owner Jeff Stoops grew it into a $323 million firm with 563 employees.
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Republic Airways considers ending $3B jet order

May 21, 2014
Bloomberg News
The 40 Bombardier CS300 aircraft on order at Republic Airways Holdings Inc. are no longer a top priority as the Indianapolis-based company returns to its roots as a provider of regional flights for larger carriers, CEO Bryan Bedford said.
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Bollore Group chairman predicts Indy profitability

May 19, 2014
Kathleen McLaughlin
Speaking at Monday's BlueIndy ribbon-cutting downtown, Bollore Group Chairman Vincent Bollore said the electric car-sharing service will need 15,000 to 20,000 regular users to break even.
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City unveils first car-sharing charging station

May 19, 2014
 Associated Press and IBJ Staff, Bloomberg News
A French company on Monday unveiled its first electric car-charging station in Indianapolis, where drivers will be able to rent plug-in vehicles for short-term trips later this year.
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Sparks fly as high-tech RV-maker parts ways with CEORestricted Content

May 17, 2014
Greg Andrews

Charles Hoefer Jr. charges in a lawsuit that he was fired as CEO of Global Caravan Technologies as part of a conspiracy by other company insiders to defraud him of “rightful majority ownership."

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Senators: Administration must support biodiesel

May 14, 2014
Associated Press
The Obama administration is considering changes that would significantly reduce the required amount of biodiesel in the United States. Industry groups, farm state lawmakers and others have called on the administration to reconsider.
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Factory for refurbishing buses to close doors

May 14, 2014
Associated Press
Many of the 160 workers for ABC Companies in Nappanee will have a shot at jobs in a nearby plant for building double-decker buses.
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MacAllister Machinery gearing up for new HQ on southeast side

May 14, 2014
Scott Olson
The Caterpillar dealer is seeking to expand with new corporate offices and sales and service facilities on more than 130 acres of land near the interchange of Interstates 465 and 74.
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Electric-car charging station to open by May 19Restricted Content

May 10, 2014
A kiosk and charging stations for Bollore Group’s car-sharing service were installed this month at 14 E. Washington St., in time for the Electric Drive Transportation Association’s annual conference that begins May 19.
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UPDATE: Fatal accident wreaks havoc on north-side traffic

May 9, 2014
Associated Press
Two highway workers were killed when a pickup truck crashed in an Interstate 69 construction zone on the northeast side of Indianapolis. Morning commute traffic backed up for miles.
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IndyGo getting closer to providing real-time bus info

May 9, 2014
Kathleen McLaughlin
Starting this fall, IndyGo will have digital signs at downtown stops that show when the next bus is arriving, and passengers throughout the city will be able to check their phones or home computers for next-bus information.
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Amazon adds cities to Sunday delivery service

May 8, 2014
Associated Press
Amazon is expanding its Sunday package delivery service to 15 more cities across the country, including Indianapolis, Philadelphia, New Orleans and Dallas.
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Indiana, Illinois sign deal to build Illiana toll road

May 7, 2014
Associated Press
The 33-page document posted online Tuesday specifies that Indiana will spend $80 million to $110 million and Illinois will pay a minimum of $250 million to build the 47-mile-long Illiana Expressway toll road.
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IndyGo to study transporting some IPS students

May 6, 2014
Kathleen McLaughlin
IndyGo is updating its past studies on the feasibility of serving IPS high schools. A past study found that IPS spent $1,520 per student a year on transportation, while a city bus pass costs $330.
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City Dems propose $16 million more for road repairs

May 6, 2014
Kathleen McLaughlin
Indianapolis City-County Council Democrats want to spend $16 million more on emergency road work. The Democrats oppose Republican Mayor Greg Ballard's plan for a $150 million bond issue and instead want to tap general and special funds.
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KAR Auction's profit sinks but exceeds expectations

May 5, 2014
 IBJ Staff
Carmel-based KAR Auction Services  Inc. saw profit drop 29 percent in the first quarter due to costs associated with refinancing debt, the company reported Monday afternoon.
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  1. I'm a CPA who works with a wide range of companies (through my firm K.B.Parrish & Co.); however, we work with quite a few car dealerships, so I'm fairly interested in Fatwin (mentioned in the article). Does anyone have much information on that, or a link to such information? Thanks.

  2. Historically high long-term unemployment, unprecedented labor market slack and the loss of human capital should not be accepted as "the economy at work [and] what is supposed to happen" and is certainly not raising wages in Indiana. See Chicago Fed Reserve: goo.gl/IJ4JhQ Also, here's our research on Work Sharing and our support testimony at yesterday's hearing: goo.gl/NhC9W4

  3. I am always curious why teachers don't believe in accountability. It's the only profession in the world that things they are better than everyone else. It's really a shame.

  4. It's not often in Indiana that people from both major political parties and from both labor and business groups come together to endorse a proposal. I really think this is going to help create a more flexible labor force, which is what businesses claim to need, while also reducing outright layoffs, and mitigating the impact of salary/wage reductions, both of which have been highlighted as important issues affecting Hoosier workers. Like many other public policies, I'm sure that this one will, over time, be tweaked and changed as needed to meet Indiana's needs. But when you have such broad agreement, why not give this a try?

  5. I could not agree more with Ben's statement. Every time I look at my unemployment insurance rate, "irritated" hardly describes my sentiment. We are talking about a surplus of funds, and possibly refunding that, why, so we can say we did it and get a notch in our political belt? This is real money, to real companies, large and small. The impact is felt across the board; in the spending of the company, the hiring (or lack thereof due to higher insurance costs), as well as in the personal spending of the owners of a smaller company.

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