Transportation

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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I-465 bridge in Indianapolis reopens after blast

October 25, 2009
Associated Press
The left eastbound lane over the eastbound bridge and the Interstate 69 southbound ramp to I-465 southbound will remain closed through midweek as crews continue repair work.
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Public transportation entities in Indianapolis region might be reorganizedRestricted Content

October 24, 2009
Chris O'Malley
The Central Indiana Regional Transportation Authority, IndyGo and other Indianapolis-area transit groups are the subject of a study that could result in them being reorganized.
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Gas City dealer offers electric versions of Cadillacs, HummersRestricted Content

October 24, 2009
Chris O'Malley
Of all the inappropriate postmarks for the largest distributor of plug-in electric vehicles in Indiana, Gas City, about an hour north of Indianapolis, takes the prize. But Steve Mitchell, proprietor of Electric Cars and Carts, figures he’s in the right place as far as business prospects go. Despite a stalled economy, Mitchell’s electric vehicle sales are up 35 percent over the same month last year.
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Stretch of I-465 westbound reopens, several ramps still closed

October 23, 2009
The westbound lane of Interstate 465 reopened Friday afternoon on the city's northeast side following the tanker explosion Thursday that closed parts of the expressway in both directions.
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I-69 reopens; I-465 still closed following explosion

October 22, 2009
 IBJ Staff and Associated Press
Indiana State Police are cautioning motorists to steer clear of Interstates 465 and 69 on the northeast side of the city this evening following a propane tanker explosion that closed the roadways.
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Huge truck explosion clogs north-side traffic

October 22, 2009
 IBJ Staff and Associated Press
A liquid propane tanker exploded on a highway ramp Thursday morning, closing Interstates 69 and 465 on the north side of Indianapolis. According to initial TV reports, the closure could be long term due to structural damage caused by the explosion.
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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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Remy unveils 'off the shelf' electric motor

October 6, 2009
Chris O'Malley
Pendleton-based Remy International today formally unveiled its 'off the shelf' electric motors for hybrid vehicles.
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Logistics firm expanding headquarters in Greenwood

October 6, 2009
Greenwood-based Avram Worldwide said today that it will expand its headquarters and distribution operations in the city, and plans to create 78 jobs by 2013.
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SEC fines former CFO of American Commercial Lines

October 3, 2009
 IBJ Staff
Christopher A. Black, a former investment banker in Indianapolis and former chief financial officer of Jeffersonville-based river barge transportation firm American Commercial Lines Inc., has agreed to pay a $25,000 fine to settle a Securities and Exchange Commission investigation.
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Carmel company plans to expand, add employees

September 28, 2009
Dealer Services Corp. announced Monday morning that it plans to create up to 60 jobs by the end of 2012 and invest $6.4 million in its Carmel headquarters.
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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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IndyGo ends commuter bus route from Greenwood

September 22, 2009
 IBJ Staff
Due to low ridership, the IndyGo Commuter Express route from Greenwood to downtown Indianapolis will end Dec. 1.
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Is Indianapolis big enough for 'car sharing' concept?Restricted Content

September 19, 2009
Chris O'Malley
An urban advocacy group is trying to bring a big-city concept to Indianapolis: car sharing. People for Urban Progress cites environmental benefits as well as cost savings for urban dwellers who might find it practical to ditch their seldom-used vehicles.
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Airport considering privatizing parking operations

September 18, 2009
Scott Olson
The Indianapolis Airport Authority agreed at its monthly meeting this morning to explore turning over management of the airport’s parking operations to an outside company.
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After comeback, former United maintenance facility faces challengesRestricted Content

September 12, 2009
Chris O'Malley
The mammoth facility near Indianapolis International Airport now employs as many people as it did when United Airlines abandoned it six years ago, but its new tenants are contending with struggles of their own.
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Airport looking for college students to serve as greeters

September 12, 2009
 IBJ Staff
Indianapolis International Airport is looking for a new class of “airport ambassadors,” those helpful volunteers in the red vests who help passengers and visitors get their bearings.
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Raytheon lays off 77 at local avionics center

September 10, 2009
Chris O'Malley
Raytheon Technical Services Co. LLC today eliminated 77 jobs at its avionics development center at 6125 E. 21st St. in Indianapolis.
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Lithium-ion battery maker names new president

September 10, 2009
 IBJ Staff
EnerDel, an Indianapolis-based producer of automotive lithium-ion batteries, has named a new president, the company announced today.
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Local truck dealer strikes deal for big daddy of hybrids

September 9, 2009
Chris O'Malley
Indianapolis truck dealer Utility-Peterbilt leased its first hybrid medium-duty truck this summer after enduring months of tire-kicking but no action from fleet buyers and plenty of interest from television-news types.
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Region's expertise in hybrid cars goes beyond high-profile players

September 5, 2009
Chris O'Malley
Bright Automotive and EnerDel are well known for their development of components for hybrid cars, but the region has several other players poised to be big players in the sector. In fact, few realize that North America’s largest producer of electric motors for hybrid vehicles is based northeast of Indianapolis, in Pendleton.
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Delaware County joins Central Indiana Regional Transportation Authority

September 5, 2009
 IBJ Staff
Delaware County’s representative on the CIRTA board will be Marta Moody, executive director of the Delaware-Muncie Plan Commission.
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Auto supplier set to accelerate with seat-control software

September 4, 2009
Chris O'Malley
A company founded by a Westfield chiropractor is in talks to license to automakers software that’s designed to produce a less-fatiguing ride. Comfort Motion Technologies also wants to make aftermarket versions of the software as add-on modules that could be used in most any car with a power seat.
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Republic's purchase of Frontier could mean more local jobs

September 4, 2009
 IBJ Staff
Republic Airways Holdings Inc. is considering shifting as many as 250 jobs to its home base of Indianapolis as a result of its pending acquisition of Frontier Airlines Holdings Inc. in Denver, according to a news report.
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  1. If I were a developer I would be looking at the Fountain Square and Fletcher Place neighborhoods instead of Broad Ripple. I would avoid the dysfunctional BRVA with all of their headaches. It's like deciding between a Blackberry or an iPhone 5s smartphone. BR is greatly in need of updates. It has become stale and outdated. Whereas Fountain Square, Fletcher Place and Mass Ave have become the "new" Broad Ripples. Every time I see people on the strip in BR on the weekend I want to ask them, "How is it you are not familiar with Fountain Square or Mass Ave? You have choices and you choose BR?" Long vacant storefronts like the old Scholar's Inn Bake House and ZA, both on prominent corners, hurt the village's image. Many business on the strip could use updated facades. Cigarette butt covered sidewalks and graffiti covered walls don't help either. The whole strip just looks like it needs to be power washed. I know there is more to the BRV than the 700-1100 blocks of Broad Ripple Ave, but that is what people see when they think of BR. It will always be a nice place live, but is quickly becoming a not-so-nice place to visit.

  2. I sure hope so and would gladly join a law suit against them. They flat out rob people and their little punk scam artist telephone losers actually enjoy it. I would love to run into one of them some day!!

  3. Biggest scam ever!! Took 307 out of my bank ac count. Never received a single call! They prey on new small business and flat out rob them! Do not sign up with these thieves. I filed a complaint with the ftc. I suggest doing the same ic they robbed you too.

  4. Woohoo! We're #200!!! Absolutely disgusting. Bring on the congestion. Indianapolis NEEDS it.

  5. So Westfield invested about $30M in developing Grand Park and attendance to date is good enough that local hotel can't meet the demand. Carmel invested $180M in the Palladium - which generates zero hotel demand for its casino acts. Which Mayor made the better decision?

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