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Transportation, Distribution & Logistics
Republic Airways shares surge on Frontier sales talk
November 8, 2011
IBJ Staff and Bloomberg NewsRepublic Airways Holdings Inc. shares soared more than 61 percent Tuesday after the company said it would likely sell or spin
off its Frontier Airlines unit.
MoreBest Buy closing warehouse sooner than expected
November 4, 2011
More than 220 employees at Best Buy's warehouse in Franklin will lose their jobs at the end of January, two months earlier
than the company had anticipated closing the facility.
MoreSlower sales curb results at Adesa parent
November 3, 2011
J.K. WallCarmel-based KAR Auction Services suffered a 16-percent decline in its adjusted profit, missing analyst expectations.
MoreRepublic Airways pilots vote on strike authority
November 3, 2011
Associated PressRepublic Airways pilots who fly regional jets for several airlines are voting on whether to authorize a strike if negotiators
can't agree on a new contract.
MoreIndiana school district that ended bus routes faces lawsuit
November 2, 2011
Associated PressAn Indianapolis parent is suing Franklin Township schools over its decision to stop running school buses. The district this
summer sold its buses to an education cooperative that now charges for transportation.
MoreCeladon snub obscures other purchases
October 29, 2011
Chris O'MalleyCeladon Group has swallowed, whole or in part, nine trucking firms in as many years. But the acquisition momentum lurched
to a halt late this month like a semi stopped by a runaway-truck ramp when it was rebuffed by Arkansas-based USA Truck. Since
then, Celadon hasn’t signaled its next move.
MoreSpeedway hosts meetings about potential for electric car racing series
October 29, 2011
IBJ StaffThe three-day conference looked at such things as design plans and technical infrastructure for electric racing vehicles,
and preliminary business plans for such a series.
MoreCompressed natural gas for cars shows signs of catching on
October 29, 2011
Chris O'MalleyThe alternative fuel may soon generate more cash for local firms because it's much cheaper than gasoline.
MoreBrightpoint earnings rise as revenue soars
October 27, 2011
IBJ StaffIncreased distribution and demand for smartphones drove Brightpoint Inc.’s third-quarter revenue up 51 percent, to $1.34
billion, the company said after markets closed Thursday.
MoreTerre Haute airport looks for Super Bowl business
October 27, 2011
Associated PressTerre Haute International Airport officials distributed brochures and advertisements about the facility and its hangars during
a business aircraft convention this month in Las Vegas.
MoreQuarterly profit surges for trucking firm Celadon Group
October 27, 2011
IBJ StaffCeladon Group Inc.’s first-quarter profit grew nearly 23 percent, to $5.4 million, or 24 cents a share, on revenue of
$141.5 million.
MoreRepublic studies $113M boost from sale of planes, slots
October 26, 2011
Republic Airways Holdings Inc. is considering the sale of planes and airport landing rights in Washington, D.C., to help raise
about $113 million in a second round of restructuring at its unprofitable Frontier Airlines unit.
MoreRival trucking firm not interested in Celadon merger
October 24, 2011
Cory SchoutenUSA Truck Inc. has turned down a meeting with Indianapolis-based trucking rival and investor Celadon Group Inc. to discuss
a possible merger.
MoreI-69 rejection could affect bus service in Bloomington
October 23, 2011
Associated PressBuses in Bloomington and on the Indiana University campus could lose funding starting in 2014 if local officials don't include
Interstate 69 in their transportation infrastructure plans.
MoreState signs sponsor for road-side assistance program
October 22, 2011
IBJ StaffState Farm Insurance will pay $1.25 million over the next three years to sponsor the Hoosier Helper program.
MoreLDI names new president as part of succession plan
October 20, 2011
J.A. Lacy, son of company chairman Andre Lacy, ultimately will ascend to CEO in 2013, when current chief executive David Shane
is set to relinquish the top job.
MoreIndiana senator pushes taxing online sales
October 19, 2011
IBJ Staff and Associated PressSen. Luke Kenley, R-Noblesville, plans to ask his Statehouse colleagues Thursday to help him lobby Congress for the right
to tax online sales.
MoreInterstate 69 opponents target another section of project
October 19, 2011
Chris O'MalleyIndiana environmental groups file a second lawsuit against the Army Corps of Engineers, alleging permits for 29 miles of the
I-69 project between Oakland City and Washington violate the Clean Water Act.
MoreContractor gets March deadline to fix closed Ohio River bridge
October 18, 2011
Associated PressIndiana on Tuesday awarded a $13.9 million contact to repair a closed Ohio River bridge linking southern Indiana and northern
Kentucky to a Louisville-based company that promised to have the nearly 50-year-old span reopened by early March.
MorePROXY CORNER: Celadon Group Inc.
October 15, 2011
Indianapolis-based Celadon Group Inc. is a trucking company that provides long-haul, full-truckload freight service through
Canada, the United States and Mexico.
MoreAirport gas station could fuel retail in proposed complex
October 14, 2011
Chris O'MalleyRestaurants, a medical clinic and even a dog kennel are ripe for consideration on an 11-acre airport site slated for a gas
station. Airport officials have asked for proposals from developers by Oct. 25.
MoreCeladon proposes merger with rival USA Truck
October 11, 2011
IBJ Staff and Bloomberg NewsIndianapolis-based Celadon has become USA Truck's seventh-largest investor with a $4.7 million purchase of shares. In a regulatory
filing, the truckload carrier reported its interest in combining with its rival.
MoreU.S. OKs $196M for high-speed Chicago-Detroit rail
October 5, 2011
Associated PressThe U.S. Department of Transportation has approved $196.5 million for part of a high-speed Amtrak passenger rail link between
Chicago and Detroit, U.S. Sens. Carl Levin and Debbie Stabenow from Michigan said Wednesday.
MoreBusy Keystone Avenue ramps to close for construction
October 5, 2011
Two ramps at Keystone Avenue and Interstate 465 on Indianapolis' northeast side will be closed for seven to 15 days as part
of an $18.2 million project to reduce traffic congestion in the area.
MoreLEADING QUESTIONS: LDI chairman Lacy still charging hard
October 5, 2011
Mason King
What's next on Andre Lacy's bucket list after a 9,300-mile round
trip via motorcycle to the Arctic Circle? Why stay active at LDI Ltd. after passing the CEO reins? As a state fair leader,
how does he regard the stage-collapse tragedy? The 72-year-old dynamo has answers.
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See, I told u Indyman and Dipsicle....this 8 days is overkill. It's barely worth a weekend....great job Tony George! Your dream has been fulfilled....he fans want the I r l back. Thats how good it was.....and that sucked.
I have been in training for a short time now but right off I can see that safety and quality are the number one issues, my experience as of late has been a positive one, the employees along with Jeff the plant manager and the operation supervisor as well as the engineers are a highly motivated group of people, what an asset for the area to have and for company's in need of a quality metal products.
Pimlico
While I understand the severity of their actions as well as everyones eagerness to hold them responsible for thier lost funds, these gentlemen did know how to make money. Dispite thier poor decisions over the ownership of Fair they had made several wise investments which paid them greatly. This proves they do have the potential to rebuild so they can repay. I do not feel they should live the life of luxuary but given an opportunity could they find ways of repaying the debts? They are doing nothing now but being a burden on tax payers. Just a thought!!!!!
You guys have some "interesting" comments to say the least. I hope you will call in and share those opinions starting June 1. I'm looking forward to having you on the air.