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Transportation, Distribution & Logistics
Celadon 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.
Governor: Ohio River bridge repairs to take months
September 30, 2011
Associated PressWork to repair an ailing Ohio River bridge shut down between Kentucky and Indiana will cost about $20 million, and it will
take about six months to fix and reopen the heavily traveled span.
MoreBrightpoint opens logistics facility in Plainfield
September 28, 2011
The 200,000-square-foot center is Brightpoint's third "reverse logistics" and repair facility. The others are in Puerto Rico
and Fort Worth, Texas.
MoreRepublic Airways subsidiary cutting 213 jobs
September 26, 2011
IBJ Staff and Associated PressFrontier Airlines, a division of Indianapolis-based Republic Airways Holdings Inc., plans to eliminate 213 jobs at Mitchell
International Airport in Milwaukee, where it is also cutting flights to several cities.
MoreVera Bradley plans to expand distribution center
September 22, 2011
Associated PressHandbag and luggage maker Vera Bradley Inc. says it plans to invest $22.5 million to nearly double the size of its Roanoke
distribution center in northeastern Indiana, creating up to 124 new jobs by 2015.
MoreAirport Authority picks local firms to develop 60-acre solar farm
September 20, 2011
IBJ StaffThe Indianapolis Airport Authority announced Tuesday that it has selected a joint venture of three locally based firms to
develop a 60-acre solar farm on airport property.
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The Fringe! Plus, the simple fact that there are so many local faves in such close proximity to each other.
I remenber, watching the toll road, being built, through South Bend, when I was 10 years old. I believe, back then that it was estimated, that the toll road, would be paid for in 20 years and then it would be free. I am now 71, what happened? Since the power is in the people, by that, I mean that, we the people are in total control of everything. I, suggest that no one ever use the toll road again, let it go broke. We the people can control the price of everything, from groceries to gas, if we would just do it. If we don't pay the asking price, the sellers will lower the price and if we wait awhile, they will lower the price to what we accept as reasonable. I would like to know why a highway like interstate 94, is so well maintained, a much better highway, than the toll road, but has no tolls. I would also like to know why, a sitting governor, with a term limit, maximum of eight years, can lease, public property, for 75 years. Even though I have transponders in both of my trucks and will not be affected by the increase, I have been and will contine to avoid using the toll road. I make many trips from northern Indiana to Chicago, every year, and I prefer the better highway, I94!
Coming from her background,she should be used to those kinds of advances! Menard probably figured it was ok to tuck a buck!
I'm still waiting for the list of available, high quality apartments in the Village.
This criminal masquerading as a lawyer obviously has serious issues. He’s been proven by his own testimony to be a pathological liar and probably has a personality disorder as he seems to be constructing a reality around himself. He places no value on truth, honesty or loyalty as evidenced by what he has done to his clients and his own family. And by the demands and lies he has made in court, it is evident he feels entitled to do and say whatever suits his purpose and everyone else is expected to nod obediently and believe him because he is, after all, Bill Super Lawyer; or BS lawyer for short. This millionaire wanna-be no longer owns anything of value; he squandered it and put everything he had into foreclosure. He has no money, house, car, boat or vacation home left to show for what he earned or what he stole. He’s just another loser without morals who will be doing time. I’m certain all of his courtroom shenanigans are antagonizing his poor victims. As Lamar said, his behavior and claims in court have been outrageous. The judge needs to be more than concerned; he needs to be judicial and end this nonsense.