Transportation, Distribution & Logistics

Study: Indiana’s airports contribute $14.1B in economic output

November 13, 2012
A new study says the state's 69 public airports support more than 69,000 jobs--about 30 percent of which are tied to Indianapolis International Airport.
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CountryMark buying oil, natural gas operations for $125 million

November 9, 2012
Scott Olson
Indianapolis-based CountryMark Cooperative Holding Corp. said Friday morning that it has agreed to pay $125 million to purchase a portion of the oil and natural gas operations of Continental Resources Inc. in Oklahoma City.
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Mass-transit advocates make headway in new Legislature

November 7, 2012
Kathleen McLaughlin
The $1.3 billion transit plan for Hamilton and Marion counties is one of a few lingering issues — along with Sunday alcohol sales and a constitutional amendment banning same-sex marriage — likely to appear before lawmakers in 2013.
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Suzuki files bankruptcy, leaving U.S. market

November 6, 2012
 IBJ Staff and Associated Press
The decision will affect two dealerships in the Indianapolis area: Bob Rohrman's Indy Suzuki and Used Car Superstore and the Ray Skillman Westside Auto Mall, both of which sell new Suzuki vehicles.
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Indiana's oldest ethanol plant shuts down, idling 40

November 6, 2012
Associated Press
High corn prices, large ethanol inventories, lower gas prices and lower fuel demand were factors cited for the shutdown.
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New nonstop flights from Indy to Houston take off

November 5, 2012
Anthony Schoettle
Southwest Airlines on Sunday launched twice-daily nonstop service between Indianapolis International Airport and Houston Hobby Airport, marking the first direct flights between the two airports.
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Interstate 69 extension under budget, set to open

November 2, 2012
The 67-mile stretch of Interstate 69 connects communities from just northeast of Evansville at Interstate 64 to the U.S. 231 interchange near the Crane Naval Surface Warfare Center.
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Republic Airways profit jumps on Frontier restructuring

November 1, 2012
 IBJ Staff
Third quarter earnings at Republic Airways Holdings Inc. soared 186 percent over a year ago in the wake of restructuring its Frontier Airlines unit, the Indianapolis-based company announced late Wednesday.
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Republic plans cost-saving changes for Chautauqua

October 31, 2012
Associated Press
Republic Airways Holdings Inc. said Wednesday that it has worked out changes to its Chautauqua regional airline business that will save it roughly $45 million per year over the next five years.
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Hurricane cancels dozens of flights in, out of Indy

October 29, 2012
 IBJ Staff and Associated Press
Major airlines on Monday called off 38 flights departing Indianapolis to several airports in New York, Newark, Philadelphia and Washington. Airlines also canceled 36 flights scheduled to arrive in Indianapolis the same day.
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Charter airline proposed by local entrepreneur on investment firm's radarRestricted Content

October 27, 2012
Chris O'Malley
Legacy Travel Club finds believer after months of fruitless fundraising locally.
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Republic Airways inks aircraft deal with Caesars

October 26, 2012
Associated Press
Republic Airways Holdings Inc. said Friday that it had agreed on a three-year deal with casino giant Caesars Entertainment Corp. to operate five Embraer E190 aircraft that will provide more than 1,500 flights each year for Caesars' customers.
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Celadon Group's quarterly profit jumps 50 percent

October 24, 2012
Indianapolis-based trucking company Celadon Group said fiscal first-quarter profit rose to $8.3 million due to higher freight revenue and lower operating expenses.
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Wisconsin firm consolidates into Plainfield, plans 50 new jobs

October 24, 2012
 IBJ Staff
Regal Beloit Corp. said it plans to move operations from multiple Midwestern warehouses into a new, 376,000-square-foot warehouse in Browning Investments' and Duke Realty Corp.'s AllPoints Midwest industrial park.
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UPS Foundation providing $50,000 for technology programRestricted Content

October 20, 2012
 IBJ Staff
The Hire Technology manufacturing-logistics curriculum was developed by Conexus in partnership with Ivy Tech Community College.
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Airport’s ground game fueling tensionsRestricted Content

October 20, 2012
Chris O'Malley
The Indianapolis Airport Authority’s aggressive effort to stop an Ohio firm from building a parking facility beyond airport boundaries has neighbors worrying the municipality will unleash its lawyers on virtually any nearby business deemed a threat to airport revenue.
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Shortage of nonstop flights imperils convention bizRestricted Content

October 20, 2012
Anthony Schoettle
Indianapolis’ dwindling number of nonstop flights—especially to the West Coast—threatens to stunt the city’s convention business just as officials are marketing the expansion of the Indiana Convention Center and downtown’s hotel market.
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Airport postal facility to keep on trucking

October 18, 2012
Chris O'Malley
The Indianapolis Airport Authority board on Friday is expected to vote on a lease with Wilmington, Ohio-based LGSTX Distribution Services to continue operations at the hub through at least November 2014.
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Local leaders look to save Amtrak route in Indiana

October 15, 2012
Associated Press
Local government and business leaders are working to support continuing daily Amtrak passenger trains between Chicago and Indianapolis that could end because of a federal and state funding dispute.
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State to beef up busy south-side interchange

October 15, 2012
 IBJ Staff
State highway officials are accepting public comments through Monday on the most recent design tweaks for a $45 million reconstruction of the busy interchange at interstates 65 and 465 south of Indianapolis.
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Indiana Rail Road plans to speed up trains, and traffic, in BloomingtonRestricted Content

October 13, 2012
 IBJ Staff
Track and crossing upgrades will allow Hoosier transportation company to reduce wait times for cars.
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Airport development czar calls aggressive tactics keyRestricted Content

October 13, 2012
Chris O'Malley
Indianapolis Airport Authority has lots of economic development opportunities, despite a difficult industry environment, insists the airport's new senior director for commercial enterprise, Michael Huber.
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Celadon shares jump along with earnings expectations

October 8, 2012
Chris O'Malley
The Indianapolis trucking company expects its quarterly earnings to beat analysts' consensus forecast and last year's results, thanks to acquisitions and cost controls. Shares were up 9 percent at 1 p.m.
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BROWNE: Finishing touches just now coming to Georgia StreetRestricted Content

October 6, 2012
Bill Browne / Special to IBJ
Time didn't permit final upgrades before Super Bowl crowds descended on stretch.
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Operations start at Amazon's new Indiana warehouse

October 4, 2012
 IBJ Staff and Associated Press
Officials say Amazon.com Inc.'s new warehouse and distribution center in southern Indiana has started operations with more than 1,000 workers.
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