Transportation, Distribution & Logistics

Renamed Carmel financing firm planning big growth

February 1, 2013
Dealer Services Corp. in Carmel has begun operating as NextGear Capital after being acquired by Atlanta-based Manheim Inc. NextGear plans to relocate in the next month and double its employment, to 450, in the next year.
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House panel backs mass-transit funding referendum

January 30, 2013
A legislative committee on Wednesday overwhelmingly approved a bill that would let local voters decide whether to fund a $1.3 billion mass transit system in the Indianapolis area.
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Panel reviews limits on specialty license plates

January 30, 2013
Associated Press
The Indiana House Transportation Committee is considering new limits on specialty license plates for drivers one year after the effort was derailed by controversy over plates for a gay youth group.
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IPL to install charging stations for Indianapolis fleet

January 28, 2013
Kathleen McLaughlin
Indianapolis Power & Light Co. will install 26 vehicle-charging stations at three city locations to assist with Mayor Greg Ballard's goal of converting the city fleet to gas alternatives by 2025.
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Airport neighbors team up on 'AeroVision'Restricted Content

January 26, 2013
Chris O'Malley
Mayor Greg Ballard is expected on Jan. 30 to lay out plans for a cross-county economic development area anchored by Indianapolis International Airport that promises to quell political divisions and clear the way for investment.
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Airport refreshing art offeringsRestricted Content

January 26, 2013
 IBJ Staff
A new feature is being added to the controversial LED screen installed more than a year ago, and the concourses will get new non-video art.
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Top senators eye state's sales tax for road needs

January 24, 2013
Associated Press
Indiana lawmakers looking to plug a hole in state transportation spending are considering diverting the state's sales tax on gasoline to transportation.
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U.S. Postal Service hiring 400 workers in Indiana

January 24, 2013
Associated Press
The U.S. Postal Service says it's hiring 400 new employees across Indiana, including in Indianapolis, but job-seekers have to apply online by Sunday night.
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Celadon reports higher quarterly profit, revenue

January 24, 2013
The Indianapolis-based trucking company said profit increased to $7.4 million in the fourth quarter due to higher freight revenue and lower operating expenses.
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Republic to fly for American, buy up to $4B in aircraft

January 24, 2013
Associated Press
American Airlines has signed a 12-year agreement for Republic Airways Holdings Inc. to operate 76-seat regional jets. It also agreed to purchase up to 94 new aircraft from Brazilian plane maker Embraer.
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New Celadon CEO sharpening managementRestricted Content

January 19, 2013
Chris O'Malley
New Celadon Group CEO Paul Will wants to increase productivity at the trucking firm, not just through more sophisticated customer-relationship and tracking software, but also by improving the acumen of the company’s nearly 4,000 employees.
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Indianapolis airport boardings hit 10-year low

January 18, 2013
Chris O'Malley
Amid rising ticket prices, passenger boardings fell by 2.2 percent last year, to 3.68 million. That's a low not seen since 2003, according to airport records.
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Celadon receives incentives for $5.2M driving training center

January 16, 2013
The Indianapolis-based trucking carrier plans to build a $5.25 million driver-training center and add 182 jobs as part of its latest expansion at its east-side corporate campus.
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Railroad company expanding Indianapolis terminal

January 16, 2013
Indiana Rail Road Co. will construct an intermodel terminal to give Indiana companies an all-rail option for products moving to and from Asia in containers.
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Mass transit group kicking off promotional campaign

January 10, 2013
Indy Connect, the local initiative supporting a $1.3 billion expansion of the transit system, plans to begin an advertising campaign for the proposal on Friday.
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Car-rental companies say higher tax will hurt locals, too

January 8, 2013
Scott Olson
Indianapolis is poised to raise its tax on car rentals, drawing the ire of the auto-rental industry. Though local politicians routinely say such taxes hurt only visitors, more than half of car rentals are actually local, industry figures show.
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Mayors organize to tackle regional issuesRestricted Content

January 5, 2013
Kathleen McLaughlin
The leaders of 18 central Indiana cities and towns have formed a group that intends to address regional concerns, starting with a proposed $1.3 billion, 10-year mass transit plan.
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Celadon snaps up two more trucking companies

January 4, 2013
Chris O'Malley
The Indianapolis-based company's Celadon Trucking Services subsidiary has agreed to acquire Warren-based Rock Leasing Inc. in northeast Indiana and Wadley, Ala.-based Kelly Logistics Inc.
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Republic shares hit two-year high on revised outlook

January 3, 2013
Chris O'Malley
Stock in Republic Airways Holdings rocketed into 2013, closing 19.5 percent higher Wednesday after the Indianapolis-based company raised its quarterly outlook. The shares climbed to a two-year high Thursday morning.
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500 Festival chief heading to AAA Hoosier Motor Club

January 2, 2013
Kirk Hendrix, who has served as president and CEO of the 500 Festival since 2003, is stepping down to take the same positions at AAA Hoosier Motor Club, the club announced Wednesday.
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Celadon plans $5.2M driver training center, 182 new jobs

January 2, 2013
Chris O'Malley
Indianapolis-based trucking carrier Celadon Group Inc. plans to build a $5.25 million driver-training center and add 182 workers to its 633-employee local work force by 2016.
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Airport winds down 'public service officer' team

January 2, 2013
Chris O'Malley
The last of what had been about 100 civilians who helped provide security at Indianapolis International Airport after the 2001 terrorist attacks have had their jobs eliminated. Severance agreements were struck with 38 public service officers.
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Report: Plug-in vehicles slow to spark interest in Indy

January 2, 2013
Dan Human
Plug-in electric vehicles, which are struggling to gain traction nationwide, have even less appeal in central Indiana than they do in most areas of the country, a new study says.
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Airport speeds demolition of former passenger terminal

December 28, 2012
Chris O'Malley
The former passenger terminal and administration building at Indianapolis International Airport could be rubble by this time next year. Offering a "blank slate" should improve marketability of the site, airport officials say.
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UPDATE: Storm cancels Indy flights, triggers mall closings, snarls traffic

December 26, 2012
 IBJ Staff and Associated Press
Indianapolis International Airport expected to have about 300 passenger flights arriving or departing on Wednesday, but a third of those were cancelled before midmorning. In addition, mall operator Simon Property Group announced its local shopping centers would close for the day.
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  1. First, the Athenaeum is going to have to get past the hurdle with the Lockerbie residents and the agreement that the parcel would be residential. Second, and in my opinion, this prime piece of property should include parking, PLUS, a black box theater(s), some market rate and affordable artist housing and a plan to renovate and reconfigure the second story theater. I would negotiate to add the DeHaan property surface parking lot into the development mix, place a one story surface parking garage on the DeHaan lot on the street level (for the Dehaan tenants use during the daytime) and add a second story to the garage that would become an addition to the current second story theater and then change the direction of the theater by moving the stage across the alley and on top of the DeHaan lot parking. You can add all the stage elements that are currently missing from the Athenaeum stage to make it more attractive for use by Ballet, Opera and traveling productions. Plus, the theater changes would probably help solve some of the soundproofing issues. Alas,it does not seem to be a part of the strategic plan to conduct a study to determine best use of the property. Seems like the current plan is a quick and easy move that ignores the property best use/potential and any strategic property planning for the effect on future generations.

  2. I recall that MSA's pilings are still in the ground and hard to remove. It’s not likely any proposal will include significant underground construction/parking because of this. Start adding 2 floors of retail, 8 floors of parking and 5-10 floors of possible hotel, and/or 10-20 floors of residential, and you are at 30 floors already with possible expansion of all the uses. But then again I could be wrong.

  3. Accoriding to their website there is no deadline to the Do Not Call list. What is this article referring to??

  4. On what planet are they entitled to this largesse from the stockholders? These people make multi-million dollar salaries: Pay for your own personal travel.

  5. It matters because they're already paid enormously fat salaries: Pay for your own personal travel. Being "taxed on it" isn't a valid excuse--so what? They're still being gifted a raft of luxury perks from somebody else's money on top of an enormous, lavish salary.

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