Transportation, Distribution & Logistics

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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Fishers to kick in $8M toward new I-69 interchange

December 17, 2012
Anthony Schoettle
The Fishers Town Council voted Monday to spend $8 million in local funds toward construction of an Interstate 69 exit at 106th Street that will cost an estimated $25 million to build.
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Indiana Republicans already clashing over budgetRestricted Content

December 15, 2012
Kathleen McLaughlin
What the 2013 legislative session lacks in spectacle, it’s sure to make up for in surprises.
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Kenley pitching license plate tax to fund highway projectsRestricted Content

December 15, 2012
J.K. Wall
A license plate tax of $20 to $50 per car will be one of a raft of proposals considered by the Legislature next year as a way to fix a hole in funding for road maintenance, and to keep expanding Indiana’s system of highways.
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Hamilton County airport closer to extending its runwayRestricted Content

December 15, 2012
Federal, state grants will fund study of project intended to serve growing corporate clientele.
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Study calls Indiana Toll Road lease a bad deal

December 10, 2012
Associated Press
The Indiana Toll Road lease may have paid off in the short term, but a new study concludes it'll be a bad deal for taxpayers in the long run. Indiana officials say the report is flawed.
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Japanese automakers help drive economyRestricted Content

December 8, 2012
Dan Human
A deal struck 25 years ago brought Subaru-Isuzu to Indiana. Toyota followed in 1996, and Honda came in 2008. The three Japanese automakers now collectively employ 10,000 and support thousands more jobs at suppliers across the state.
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Midwest Energy oil firm drilling for $15MRestricted Content

December 8, 2012
Chris O'Malley
An Indianapolis investment advisory oil firm has been looking for blowouts in its own back yard. Midwest Energy Partners is preparing for its seventh—and largest—round of funding to pay for oil drilling in southwestern Indiana and southeastern Illinois.
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Indiana considers private firm for final I-69 legs

December 4, 2012
Associated Press
Indiana is considering hiring a private firm to design and build the stretch of Interstate 69 from Bloomington to Martinsville.
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  1. Thank you to the scientists who care enough to find a cure. We are so lucky that their intelligence has brought them to these understandings because it is through these understandings that we have new hope. Certainly the medicine will be expensive, these drugs usually are, especially the ones that are not mass produced. If I know anything from the walks that my town has put on for FA it is this: people care and people want to help. Donations and financial support can and will come to those who need it. All we need is a cure, the money will come. I mean, look at what these scientists have done thanks to the generosity of donors. 30 million dollars brings us here where we can talk about a drug's existence! There is so much to be frustrated about in this world, but this scientific break is not one of them. I am so happy for this new found hope. Thank you so much to the scientists who have been slaving away to help my friends with FA. We wish you speedy success in the time to come!

  2. I love tiny neighborhood bars-- when I travel city to city for work, it's my preference to find them. However, too many still having smoking inside. So I'm limited to bars in the cities that have smoking bans. I travel to Kokomo often, and I can promise, I'll be one of those people who visit the ma and pa bars once they're smoke free!

  3. I believe the issue with keystone & 96th was due to running out of funds though there were other factors. I just hope that a similar situation does not befall ST RD 37 where only half of the overhaul gets built.

  4. It's so great to see a country founded on freedom uphold the freedom for all people to work and patronize a public venue without risking their health! People do not go to bars to smoke, they can take it outside.

  5. So, Hurko, mass transit has not proven itself in Indy so we should build incredibly expensive train lines? How would that fix the lack of demand? And as far as those double decker buses to bus people in from suburbs, we can't fill up a regular sized buses now and have had to cancel lines and greatly subsidize others. No need for double decker buses there.

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