Transportation, Distribution & Logistics

Key exec behind Indy airport expansion retires

July 1, 2011
Associated Press
Robert A. Duncan nudged the door closed this week on his office at the Indianapolis Airport Authority and retired after a career at the center of one of the largest, long-term civic developments in the city's history.
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Daniels says investors overpaid on Indiana Toll Road

June 29, 2011
Associated Press
Gov. Mitch Daniels on Wednesday marked the 5-year anniversary of the $3.8 billion lease. He said the state is insulated from any financial problems under the deal it crafted even though an investor group is in danger of defaulting.
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Republic soars as lower fuel costs prompt analyst upgrade

June 28, 2011
J.K. Wall
Shares of Republic Airways enjoyed a 22-percent rocket ride on Monday after a stock analyst gave the beleaguered company an upgrade and the price of jet fuel continued to moderate.
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Logistics firm planning 415 jobs in Plainfield

June 28, 2011
Ozburn-Hessey Logistics plans to expand its distribution center in the Hendricks County town and create up to 415 new jobs by 2015. Based in Tennessee, OHL is one of the largest third-party logistics providers in the world.
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Observers: Inexperience with mainline carriers hurting RepublicRestricted Content

June 25, 2011
Chris O'Malley
Two years after regional carrier Republic Airways Holdings made a gutsy move into the branded airline business by buying Frontier Airlines and Midwest Airlines, its stock price is down nearly 60 percent.
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City's Rebuild Indy money to revamp railroad overpassesRestricted Content

June 25, 2011
 IBJ Staff
The city of Indianapolis released bids soliciting contractors to repaint, clean and add lighting underneath the overpasses at Meridian, Pennsylvania and Illinois streets and College and Capitol avenues downtown, and on 10th Street east of the Monon Trail.
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Republic orders 80 Airbus jets for Frontier

June 22, 2011
Bloomberg News
Republic’s agreement to add the Airbus planes, which have a value of about $7 billion at list prices, comes as it pursues a $120 million restructuring plan for Frontier after buying the Denver-based airline out of bankruptcy in 2009.
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Indy taco-truck business rolling into other cities

June 20, 2011
Scott Olson
West Coast Tacos, which led a mobile culinary trend in Indianapolis last summer, plans to expand into Carmel and Fishers, as well as Bloomington and West Lafayette, in the next few months.
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Indiana public companies had banner yearRestricted Content

June 18, 2011
Corporations staged advances across a variety of industries in 2010 as the economy improved.
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Merger of cell phone titans takes glow off BrightpointRestricted Content

June 18, 2011
Greg Andrews
Some analysts say investors overreacted to the risk Brightpoint would lose T-Mobile as a customer. Merriman Capital's Scott Searle estimates the earnings impact from losing that client would be “dramatically less than investors originally feared” and “is more than adequately reflected in the stock price.”
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Pilots OK cuts, allowing Republic to pursue restructuring plan

June 17, 2011
Bloomberg News
Frontier Airlines pilots overwhelmingly approved concessions that will allow parent Republic Airways Holdings Inc. to pursue a $120 million restructuring at the unprofitable unit. Indianapolis-based Republic bought Frontier out of bankruptcy in 2009.
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Towing companies sue city over contracts

June 17, 2011
Scott Olson
The plaintiffs claim the city violated the bid process by awarding contracts to companies that didn't meet the requirements. They're asking for an injunction to prevent the contracts from taking effect.
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Republic pins Frontier Airlines’ fate to pilot vote on savings

June 16, 2011
Bloomberg News
Republic Airways Holdings Inc. is counting on pilots approving concessions to kick-start a $120 million restructuring plan at its Frontier Airlines unit, 20 months after buying the carrier out of bankruptcy.
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CIRTA launches campaign to support mass transit

June 14, 2011
The goal is to show state lawmakers the support that exists for local funding options that might improve mass transit. Organizers plan to deliver the signatures when the next legislative session convenes in January.
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Federal judge dismisses Brightpoint fraud suit

June 13, 2011
Scott Olson
A London-based hedge fund sued Brightpoint over a $10 million loan it alleged the Indianapolis-based mobile phone distributor fraudulently brokered in anticipation of an acquisition that never materialized.
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Republic may cut Frontier stake as pilots offer concessions

June 13, 2011
 IBJ Staff and Bloomberg News
Republic Airways Holdings Inc. agreed to seek new investors for Frontier Airlines, shrinking its stake to become a minority owner, in exchange for concessions from pilots at the unprofitable carrier.
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High fuel prices dog Republic Airways

June 8, 2011
Chris O'Malley
Indianapolis-based Republic Airways Holdings Inc. has struggled in the transition from a contract-only airline to one that offers scheduled flights.
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Medco may seek acquisition with biggest contract imperiled

June 7, 2011
Bloomberg News
Medco Health Solutions Inc., which operates a $140 million automated pharmacy and distribution center in Whitestown, has lost $3.5 billion in contracts since March.
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Electric vehicles gain traction in regionRestricted Content

June 4, 2011
Chris O'Malley
Indianapolis has one of the highest concentrations of plug-in electric vehicle drivers in the nation, an industry official says.
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Officials say bridge project can be changed

June 2, 2011
Associated Press
Officials who want to build two new bridges over the Ohio River and redo a downtown interchange announced Thursday that they've found ways to cut the cost of the project by more than $1 billion.
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General Mills plans $36M distribution center

May 31, 2011
Associated Press
General Mills Inc. announced Tuesday it would spend $36 million in building the new distribution center in Fort Wayne and potentially add 65 jobs by the end of 2012.
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INDOT seeks public input for state's rail transportation planRestricted Content

May 28, 2011
 IBJ Staff
Freight and passenger rail are subject of long-range planning events.
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Is INDOT bypassing public on planning?Restricted Content

May 21, 2011
Chris O'Malley
Groups that perennially press the Indiana Department of Transportation to broaden its vision of mobility beyond highways now accuse the agency of “significant ineptitude or willful disregard” in eliciting public input.
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Ener1 stock takes beating after Think write-down

May 21, 2011
 IBJ Staff
The battery maker has been hurt by slow sales of electric car manufactured in Elkhart.
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Prices at gas pump painful for most Americans

May 20, 2011
Associated Press
In a poll about the cost of gasoline, 71 percent said rising prices will cause some hardship for them and their family, including 41 percent who called it a "serious" hardship.
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