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Transportation, Distribution & Logistics
Adesa to acquire online auction firm for $210M
August 16, 2011
Adesa said it plans to acquire Redwood City, Calif.-based OpenLane Inc. for $210 million in cash. OpenLane expects to sell
more than 300,000 vehicles to dealers this year and generate about $100 million in revenue.
MoreFormer flight management firm owner pleads guilty to fraud
August 15, 2011
IBJ Staff and Associated PressDavid A. Chaisson is one of two men charged in separate schemes to defraud Ryan International Airlines. Prosecutors say the
schemes involved kickback payments in exchange for business.
MoreLandmark water tower could be razed in Greenwood
August 14, 2011
Associated PressA central Indiana water tower that once served as a local landmark for residents is being targeted for demolition because
officials say it poses a safety hazard to a nearby airport.
MoreIndiana State Fair features rapid-transit vehicle
August 13, 2011
IBJ StaffVisitors to the Indiana State Fair will have a chance to peek into the possible future of the region’s transit system.
MoreIndyGo seeks funding traction
August 13, 2011
IBJ StaffThe Indianapolis Public Transportation Corp. has budgeted expenses of $57 million for 2012, but officials expect a revenue
shortfall of $6.4 million because of drops in federal, state and local funding.
MoreKAR Auctions reports $14M quarterly loss
August 9, 2011
Associated PressCarmel-based used and salvaged vehicle auctioneer KAR Auction Services, Inc. said it lost $14.3 million in the second quarter
due to the early payoff of debt.
MoreGreen group: I-69 will drain money from other projects
August 9, 2011
Associated PressIndiana's 142-mile extension of Interstate 69 between Indianapolis and Evansville will siphon hundreds of millions of
dollars away from other road and bridge projects in coming years, according to a report from an environmental group.
MoreCummins OK with new federal fuel standards for trucks
August 9, 2011
U.S. truck makers are expected to improve tractor-trailer fuel economy by about 20 percent by 2018, saving $50 billion in
fuel costs over five years and decreasing carbon-dioxide emissions, President Barack Obama said.
MoreArtist complains about removal of public art from Indy airport
August 9, 2011
Kathleen McLaughlin, Chris O'MalleyLocal artist James Wille Faust is crying foul over a decision to replace his $150,000 work with advertising at the Indianapolis
International Airport.
MoreHarrison, Conexus create logistics degree program
August 5, 2011
J.K. WallThe associate's programs will begin in September for students at Harrison College, a for-profit school formerly known as Indiana
Business College.
MoreFrontier, flight attendants reach tentative deal
August 3, 2011
Associated PressFrontier Airlines and the union representing its nearly 1,000 flight attendants have reached a tentative agreement to trim
labor costs.
MoreRailroad plans Gary redevelopment, 251 jobs
August 3, 2011
IBJ StaffCanadian National Railway Co. on Wednesday announced plans to relocate part of its operations from Markham, Ill., to northwest
Indiana.
MoreRepublic Airways blames fuel costs for $15M quarterly loss
August 2, 2011
IBJ StaffThe Indianapolis-based company said it spent nearly $227 million on aircraft fuel in the quarter, compared with $161 million
in the same period a year earlier.
MorePackaging manufacturer plans to expand, add 80 jobs
August 2, 2011
Indianapolis-based DGP Intelsius LLC, a manufacturer and distributor of temperature-controlled packaging, announced on Tuesday
morning that it plans to add 80 jobs by 2014 as part of an $870,000 expansion.
MoreEnvironmental groups sue to block I-69 construction
August 2, 2011
Associated PressCitizens for Appropriate Rural Roads and the I-69 Accountability Project said the road expansion would violate federal environmental
laws.
MoreBill Mays to retire from Mays Chemical
July 30, 2011
J.K. WallThe most successful black businessman in Indiana plans to retire from the company that bears his name at year-end as part
of a transition that ultimately will put his daughter at the helm.
MoreCeladon reports best 4th quarter in 5 years
July 28, 2011
IBJ StaffCeladon Group Inc. put together its best fourth fiscal quarter since 2006, with earnings doubling over the same period a year
ago, to $5.5 million.
MoreNearly 100 Indiana post offices to undergo review
July 26, 2011
Associated PressThe financially-troubled U.S. Postal agency announced Tuesday that it will study more than 3,600 offices, branches and stations
throughout the nation for possible closing.
MoreIndiana electric car company gets new owner
July 25, 2011
IBJ Staff and Associated PressThink North America, a company that has been making electric cars at a northern Indiana factory, has a new owner, giving local
officials more confidence in its future.
MoreFrontier Airlines plans return to normal service
July 22, 2011
Associated PressFrontier Airlines says it expects to return to normal service including a full schedule on Saturday after repairing planes
that were damaged by hail.
MoreNotorious I-69 interchange slated for big upgrade
July 16, 2011
Chris O'MalleyGetting onto and off of Interstate 69 at the 116th Street exit has long been a nail-biting experience, but traffic planners
are about to propose reconstruction to unplug the bottleneck.
MoreMerger of key airlines at Indianapolis grounds three flights
July 16, 2011
Chris O'MalleyIt's more difficult to get to New York LaGuardia and some other business hubs following the combination of Southwest Airlines
and AirTran Airways.
MoreBaggage wrapping service lands contract at Indianapolis airport
July 16, 2011
IBJ StaffFor as little as $9, a traveler can wrap a bag in blue-colored, tamper-proof recyclable plastic film.
MoreLogistics firm adding 191 jobs in Greensburg
July 15, 2011
IBJ StaffAuto parts supplier One Solution Logistics of Indiana Inc. will expand its operations in Greensburg, creating as many as 191
jobs as the Honda Motor Co. plant there adds a second shift, state economic development officials announced Friday.
MoreCity taps downtown TIF funds for bridge repairs
July 9, 2011
IBJ StaffThe city is bidding work to repair concrete and add a green roof to the Meridian Street Bridge adjacent to downtown Union
Station.
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"And the success of the Indiana GOP to not allow an expansion of Medicaid had nothing to do with Indiana hospitals' financial woes? Fixed that for you; editorial bias rebalanced. Seriously, there are so many things wrong with Obamacare that the only way one can view it as a success is to assume that it was designed to fail our way into a government single payor healthcare system. The system is complex, creates huge regulatory burdens and overhead and yet still does not have adequate means to control escalating health care costs. But then when you elect a 10th grade math drop out with no quantitative reasoning skills to be President of one of the world's most important economies in troubled times, you can't really be surprised by blatant stupidity.
No NIMBYs here to chase off a decent development. We don't need tons of parking and we'd happily play the role of host to a downtown Whole Foods.
Whatever you do, don't change a single thing about Broad Ripple. I want it to look just like it did in the late '70s, with 30% of the north side of Broad Ripple Avenue burned out and plenty of places to park. That's right Broad Ripple, NEVER CHANGE. Let the world pass you by, don't improve your empty, abandoned lots full of weeds. Someday someone will want to film a zombie movie here.
Hollywood could step in and make a movie about the history about this forlorn series. It could be a full celebrity cast of characters. WOW. http://www.advanceindiana.blogspot.com/2013/02/indiana-taxpayers-forced-to-pay-for.html
This shouldn't come as a shock to many. Austin is a great city, and Indy needs to take some notes. Austin invests in decent transit options, has a highly educated workforce, embraces a creative class, and --despite being the state capital-- is not micromanaged by rural and suburban legislators. Want Indy to grow? Invest in the city (i.e. spend money). Raise taxes a bit, and use the money to improve education. And keep the state legislature out of Indy the other 9 months of the year.