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Transportation, Distribution & Logistics
Cross-border investment in real estate on the rise: Local brokerages playing a role in growing trend
February 19, 2007
Jennifer WhitsonIn 2006, $645 billion was sunk into real estate investments across the globe, according to a recent Cushman & Wakefield report.
Of that, $187 billion was sent across borders to invest. And companies everywhere are chasing the most cost-effective spots
to locate factories and needed hubs for office space. With all that cash changing hands, several locally based companies have
made sure they're positioned to help play a part. Take Indianapolis-based HDG Mansur, for example. In the field for 25...
MoreAirport considering air cargo facility
February 12, 2007
Chris O'MalleyIndianapolis airport officials are considering building a smaller version of FedEx's 2-million-square-foot hub here, one
that could accommodate several cargo carriers from around the globe. The "international air cargo facility" could be up to
several hundred thousand square feet large and could cost tens of millions of dollars to build.
MoreBEHIND THE NEWS: Private equity fever fuels talk of Brightpoint buyout
February 12, 2007
Greg AndrewsBrightpoint Inc. shares have shed 60 percent of their value since April 2006. But the distributor and logistics provider for
the wireless phone industry continues to turn a tidy profit, and in recent months has cut a flurry of deals that bode well
for the future. Don't think the nation's private equity fund managers haven't noticed. Flush with billions of dollars to invest,
they're poring through spreadsheets in search of undervalued acquisition targets. So no one should be surprised that...
MoreForensic engineering firm seeks defense work: New initiative hopes to help other local firms follow in Wolf Technical's footsteps
February 12, 2007
Peter SchnitzlerAfter 30 years in the forensic-engineering business, Wolf Technical Services Inc. has analyzed everything from deadly car
crashes to patent infringement. Now, Indianapolis-based Wolf is hoping to diversify into a new area: federal defense contracting.
It's a field local corporate leaders hope Indiana will tap much more frequently in the years to come. "We don't quite know
at the moment where this could lead," said Wolf Director of Client Relations Joseph Ward. "And that's the fun part." The 30-employee
Wolf's...
MoreECONOMIC ANALYSIS: Earmarking taxes in vogue, but is it good state policy?
February 12, 2007
Patrick BarkeyI was taught economics, and in particular, the subject of public finance, by a faculty dominated by old Kennedy Democrats.
A lot of that teaching has rubbed off or has simply been forgotten. Much of it also could be dismissed as idealism, a sort
of ivory-tower thinking not relevant to the real world. Yet as I scan and digest the various tax proposals now in front of
the Indiana General Assembly, several of those old lessons keep coming to my...
MoreAlternative commuting gaining traction, slowly: Discounted vanpool fees offered during I-70 project
February 5, 2007
Chris O\'malleyOnly road contractors, Ruth Reiman and the Devil himself are welcoming interstate reconstruction that could cause mass chaos
for east-side commuters this year. For Reiman and her team at Central Indiana Commuter Services, the $175 million Interstate
70 project starting Feb. 25 might be the best recruiting tool since stratospheric gasoline prices a year ago. "I'm just waiting
for them to hit the first lane closure," said Reiman, executive director of federally funded CICS. CICS-rhymes with kicks-hopes
to lure lone...
MoreVOICES FROM THE INDUSTRY: Saving Hoosier lives depends on telemedicine technology
February 5, 2007
Cullen MccartyIf you find yourself in need of advanced medical care, the Indianapolis area represents one of the best places to live. Superb
resources at the nationally ranked Indiana University Hospital, St. Vincent, the Riley Hospital for Children and a whole host
of other Indianapolis based medical facilities will effectively meet the challenge of providing worldclass health services.
But if you live or work outside the capital city, securing life-saving services may be a different matter. The last national
census disclosed...
MoreAviation school adds five degree programs: Embry-Riddle considered closing local campus
January 15, 2007
Chris O\'malleyOne of the nation's most prominent aviation schools is giving Indianapolis another chance. After withstanding a plunge in
enrollment, Embry-Riddle Aeronautical University is adding five degree programs at its center here, with most of them aimed
at careers outside the turbulent commercial aviation sector. It also plans to expand beyond its local student base of mostly
working adults to court recent high school grads. Though in Indianapolis for 13 years, Embry-Riddle has had all the profile
here of a stealth...
More'Road to ruin' project may offer exit to businesses: City says INDOT may crack open exit on Interstate 70 for delivery vehicles
during reconstruction project
January 15, 2007
Chris O\'malleyThe Indiana Department of Transportation may yet allow a partial opening of one or two Interstate 70 interchanges on the east
side during a 10-month reconstruction of the main artery between downtown and Interstate 465. City-County Councilor Mary Moriarty
Adams said she's been talking with INDOT officials and with Mayor Bart Peterson in recent days about the potential harm to
businesses of having all the interchanges closed. "We're hopeful that we can have some exit and/or on ramps open at...
MoreCollege targets dropouts with new program: Ivy Tech offers high school failures chance to get degree, pursue higher education
January 15, 2007
Chris O\'malleyIvy Tech Community College this month launched a pilot program that allows high school dropouts to earn their diplomas while
simultaneously working toward a certificate or associate's degree in college. Intended to improve the state's labor pool,
and as a lifeline to dropouts facing a dismal life in the earnings underclass, it will first be rolled out in Bloomington,
Lafayette and Terre Haute. The Indianapolis campus also will offer the program aimed at those 19 or older, although a date...
MoreLabor sector diversification could spur local economy: $200,000 study targets finance, retail and construction
January 8, 2007
Peter SchnitzlerSexier industry sectors like life sciences or motorsports get all the press. But to remain robust, the Indianapolis Private
Industry Council believes, the area economy needs diversification. The 23-year-old work-force-training not-for-profit believes
the nine-county area also should target three tried-and-true industries: finance and insurance; retail, hospitality and restaurants;
and construction. IPIC, whose $9 million annual budget comes from public and private grants, plans to spend $200,000 during
the first quarter studying the three sectors, which collectively employ 270,000 people in...
MoreEYE ON THE PIE: In 2007, sweat the little things
January 8, 2007
Morton MarcusThis time of the year, serious people make serious resolutions about important matters; people like me, experienced and lacking
determination, avoid resolutions. If, however, I were to recommend resolutions to business and government leaders, my list
could be condensed into this: Attend to the little things. For too long, we have heard the preaching of management gurus and
public-policy mavens that we must keep our eyes focused on the bigger issues. If you are a decision maker, you are supposed...
MoreCICP's chief launches raft of initiatives:
January 1, 2007
-Peter SchnitzlerIn January, Mark Miles returned to Indianapolis after more than a decade at the helm of the Association of Tennis Professionals
to become CEO of the Central Indiana Corporate Partnership. Twelve months later, the CICP looks much different than it did
under his predecessor David Goodrich. And it could soon change even more. A former Eli Lilly and Co. executive and aide to
Dan Quayle, Miles, 53, has been one of the key players in the potential consolidation of the...
MoreBusiness shoved aside: Readers say city should focus on crime, education in 2007
January 1, 2007
Scott OlsonThe brutal murders of seven family members, including three children shot dead in their east-side Indianapolis home, cast
a dark cloud over the city last summer. Yet the June slayings only served as a harbinger of a wave of violence that later
claimed 15 lives in a 10-day span. The crime spree rattled city leaders so severely that Mayor Bart Peterson declared an emergency
normally reserved for a natural disaster. 2006 no doubt ranked among the most deadly years in...
MorePayne blazed Cultural Trail:
January 1, 2007
-Cory SchoutenInspiration struck Brian Payne in 2001 while he was walking the Monon Trail. He remembered a conversation in which city officials
lamented that downtown streets were too wide and cars moved too fast to allow much of a pedestrian connection town's top attractions.
between down- His brainstorm: Eliminate lanes of traffic and build a path-creating an amenity that could become a destination
in itself. Payne, president of the Central Indiana Community Foundation, began telling everyone he knew about the idea....
MoreEYE ON THE PIE: It is time to accept I-69 and move on
December 25, 2006
Morton MarcusI don't want to write this column; you don't want to read it. Yet, I must respond to the diehards who insist that building
Interstate 69 (and almost any other road) will be detrimental to our state. Several economic and environmental studies support
the Bloomington-Crane-Washington-Petersburg route to Evansville. Yet, time after time, supporters of the Terre Haute-Sullivan-Vincennes-Princeton
route rise up and demand a reconsideration of the path. The Terre Haute crowd is afraid it will lose something if the Bloomington...
MoreVIEWPOINT: The Commerce Connector in perspective
December 18, 2006
Eric DamianAs one who navigates the tangle of roads at interstates 69 and 465 frequently, my first reaction to the proposed Indiana Commerce
Connector was positive-anything to relieve that mess. Looking at a map and considering, for example, a more direct connection
between inter states 69 and 70 east of the city seems to make perfect sense. There are many questions to be answered, however,
before the state should make a commitment to it. In considering such a major project, it...
MoreResidents say safety is a growing concern: Survey: Fewer feel comfortable downtown after dark
December 11, 2006
Cory SchoutenMost central Indiana residents feel safe in downtown Indianapolis when the sun is out, but remain leery of the city at night,
according to a study by the IUPUI Department of Tourism, Conventions and Event Management. The annual study, which is designed
to gauge the impact of cultural tourism on quality of life, gives the city high marks overall in areas ranging from cultural
attractions to cleanliness, public transportation to parking. But it also shows the city has more work...
MoreEYE ON THE PIE: 'Tis the season for economic foolishness
December 4, 2006
Morton MarcusThis is the best time of the year. Thanksgiving is over and the signs of Christmas have yet to bore us. All the truly crazy
people have identified themselves by shopping on the days immediately following Thanksgiving. New and old ideas are blossoming
for consideration by the Indiana General Assembly. Gov. Mitch Daniels has given us the Commerce Connector, a nifty addition
to our highway road map. This would be a new outer loop around Indianapolis, serving Greenfield, Shelbyville, Franklin...
MoreDoors still closed on Hamilton County bus service: Local officials continue to nail down preferred routes
November 27, 2006
Chris O\'malleyBus service to Hamilton County won't begin this year, as some commuters and planners had hoped. But the 10-month reconstruction
of Interstate 70 across Indianapolis' east side, starting in February, could push the accelerator to get service started.
"I'd certainly hope so ....The work on I-70 is probably going to make the commuters' ride a little tougher," said Gary A.
Huff, town manager of Fishers. It was another interstate project, the 2003 Hyperfix of the interstates 65/70 split downtown
that...
MoreECONOMIC ANALYSIS: Daniel's toll-road plan futuristic, not dated
November 20, 2006
Patrick BarkeyIs building roads innovative? Some reactions voiced in the wake of the Gov. Mitch Daniels' proposal to build a 75-mile beltway
around the east and southern quadrants of central Indiana say no. Outer belts, it is said, are a mistaken product of 1960sera
thinking, robbing growth from central cities and helping create the faceless suburban landscape that surrounds so many major
cities today. Innovative thinking on transportation, one might say, would embrace new technology and get us away from the...
MoreSchools warm to economic development: Colleges crank out programs to fit latest initiatives
November 20, 2006
Chris O\'malleyAcademic purists often hold contempt for politicians and executives seeking help with economic development initiatives. It
doesn't take a political science degree to wonder if someone is trying to stoke votes, ambitions or profits-on the cheap.
But in Indiana, more colleges are tailoring their curriculum to support economic development priorities, realizing what's
good for the region can be good for their enrollment. "An increasing number of universities don't view themselves as ivory
towers anymore," said Uday Sukhatme, executive vice chancellor...
MoreProposed highway could ease congestion, but transit backers say it won't
November 20, 2006
Chris O'MalleyA 2005 study for the state says an outer highway loop-like the one Gov. Mitch Daniels proposed Nov. 9-would reduce traffic
northeast of the city, potentially splashing cold water on a rapid transit plan. But supporters aren't backing down.
MoreEast-side businesses fear 'black hole' from 10-month I-70 project
November 13, 2006
Chris O'MalleyThe rebuilding of Interstate 70 between downtown and Interstate 465 six miles to the east, starting in February, threatens
to devastate a part of town already struggling economically, businesses and community groups warn.
MoreBRIAN WILLIAMS Commentary: Indy is ready (and waiting) for rapid transit
November 13, 2006
A new survey demonstrates yet again that community leaders recognize it is time to fix traffic congestion, improve air quality,
reduce aggregate fuel use and enhance area accessibility. The study was taken last summer of 377 members of the Lacy Leadership
Association, a group of local opinion leaders, by Walker Information, a local market research firm. More than 90 percent of
survey respondents indicated that rapid transit is an important component of the solution to these problems. In addition,
respondents...
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liek the rest of America
These quaint,obsessed musings by the stalkers are certainly entertaining, but I'm trying to figure out what, if anything, all the yelping below has to do with Zak Brown.
It's evident that Moffett was pushing the right buttons and corporate America is now trying to squash him. He just wanted to withdraw the free pilot services provided to the company by the pilots to try and put some pressure on a company that has not been interested in negotiating a contract in over 5 years. The company does not provide a contract because not having one has saved them a bundle of money. Shame on any Republic pilots not standing behind their union leader just because things are getting tough, can you not see such strategic moves by the company as putting the last union president in a corporate position and into THEIR pocket. Do you really believe the last union president is so appalled at the attempts by Moffett, do you not remember his oppositions to the company? We stood behind him. It has been proven over and over again for thousands of years without fail, a man cannot serve two masters. Anyone that believes people vote contrary to their paycheck and livelihood deserve to be taken advantage of, the recent statements by the former union president are laughable as he denounces the current union president from his new corporate position. Have you ever seen a drafted sports player score points for his previous team, it cannot be done, he is not on the pilots side anymore, he gets his money a different way now than you and I do, and he should not be allowed to remain on the seniority list. A drafted player brings strength, credibility, tactical knowledge, and a strategic advantage to his NEW team, he would not be drafted or paid were it otherwise. We are all forced to choose only one side to play for and support, not doing so has many references in life such as insider trading and shaving points, all illegal for good reason. This basic fact is why corporate moguls, scientist, and engineers all sign non-discloser agreements and non-compete clauses, as protection in case they are lured into switching sides as our former union president has done. No NFL coach ever drafted a player so that both teams could benefit and better understand each other, they are recruited to win the game against that former team, period. Likewise the company does not recruit the former union president by accident or mutual understanding, its strategy. Don't confuse playing the game with good sportsman-like conduct in support of common business and prosperity goals, with the requirement to only play for one side. Good men we all love and favor fall subject to this manipulation, often without their knowledge, and it is not a betrayal of their friendship to oppose them when they switch sides. If we did not love and trust them, they would not have been chosen and lured to the other side in the first place. The deception by the drafted player is not made at a conscious level, it's just human nature and it's all about money and power which corrupts our ability to be objective and loyal to two masters. This is why our court system created the defense attorney, and why our military created counter intelligence. Its strategy and its propaganda, and it works, and that's why the "powers to be" manipulate the chess pieces by sometimes changing their colors. Some players know they are being manipulated when their color is changed, but it brings them more money and power so they do not care. The rest have good intentions but do not even realize they are being manipulated. This tactic is also known by another name, Divide and Conquer. In battle sending an imperfect message with an imperfect team is obviously not ideal, but it's still being sent by YOUR team, your union leader, a leader that has common goals and common rewards with you, they are the best, because we have elected them to do a job for us. If you are not backing Moffett but believing the spin by those that have recently switched sides, you are taking food out of your own mouth. Showing unity and backing an imperfect situation still results in taking just as much ground, it's about unity and bargaining power. It's not necessary to wait around for that perfect attack because it will never come, the company will spin and attempt to destroy anyone that gets in their way. Ultimately it's not about any specific attack anyway, ASAP or whatever it makes no difference, it is and always has been only about power. If this company cared about safety it would not build pairings with 8 hour overnights, come on, are you that naive? Besides, do you really think Hoffa cares, no, he got a call from corporate America and was squeezed into denouncing Moffett. If he didn't they would spin the safety card against him and the Teamsters National with implication for truckers, future contracts, insurance rates etc...saying something like the Teamsters use safety as a bargaining chip, blah blah blah... Do you really think any pilot is going to do something unsafe for the contract, absolutely not, the only ones threatening safety here is the company with reduced rest, fatigue, and poverty. Do you not find it odd that Hoffa and the Teamsters are opposing a Teamster president publicly? Would the Teamsters National not normally support and work with one of their own? Why did they not sit down and help him strategize, correct any mistakes, and charge ahead? Would the Teamsters National not normally support and leverage a contract for all those pilots that have been paying Teamster dues, isn't that why we have all been paying Teamster dues in the first place? I sure haven't been paying dues so that the Teamsters National could come along and write this kind of an article undercutting our union leader and our unity. Whose side is the Teamsters National really on, it's obviously not the Republic pilots side.
No matter what Moffatt does the company is going to spin it like he is the terrorist and brainwash people like you into believing it, wake up, back your players that are trying to change things for you and your livelihood. Where has Hoffa been for the last 6 years, except collecting our dues. Seriously, do you really think an FO going for upgrade, signed off by a checkairman ready for the upgrade, who then fails, is not even capable of returning as a First Officer.
whoa!