Transportation, Distribution & Logistics

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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New section of Interstate 69 getting positive reviews

December 4, 2012
Associated Press
Users of the new 67-mile stretch of Interstate 69 that opened two weeks ago in southern Indiana say it is already saving them time and money.
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Monarch turns to natural gas to run trucking fleet

December 4, 2012
J.K. Wall
In a sign of the rising popularity of natural gas engines, the Indianapolis-based distributor of alcoholic beverages will make 85 of its 105 trucks run on natural gas by 2015.
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Railcar shipments making a comeback in IndianaRestricted Content

December 1, 2012
Scott Olson
High diesel prices are turning companies to trains.
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BrightPoint buyer Ingram Micro mulls cost-cuttingRestricted Content

December 1, 2012
Dan Human
A top BrightPoint Inc. executive expects little employment change for the distribution and logistics company’s 1,100-person central Indiana work force, despite the potential for job cuts and facility closings across the country.
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IndyGo to sweeten the deal for driver recruitingRestricted Content

December 1, 2012
Bus system taking page from trucking firms to find people to staff new routes.
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Design stars land contract for transit hubRestricted Content

November 24, 2012
Cory Schouten
Architect Daniel Libeskind is part of an international team chosen to design a proposed IndyGo transit hub.
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Airport could land second solar-energy farm

November 21, 2012
Chris O'Malley
The Indianapolis Airport Authority is in talks that could lead to a second solar farm at Indianapolis International Airport. Discussions are taking place even as the initial solar farm has yet to get off the ground.
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Bush Stadium seats to live on at bus stops

November 21, 2012
 IBJ Staff
An Indianapolis not-for-profit that recycled the fabric roof of the former RCA Dome into totes, wallets and other items has found a new use for the seats once used at Bush Stadium.
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Airport Authority continues to fight off-site parking lot

November 20, 2012
Chris O'Malley
The Indianapolis Airport Authority has taken its fight against an off-airport parking operator to the Indiana Court of Appeals after exhausting its options in Marion County Superior Court.
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Wheaton Van Lines expanding HQ, adding jobs

November 19, 2012
Chris O'Malley
Wheaton Van Lines Inc. plans an expansion to its northeast-side Indianapolis headquarters, a move resulting from its April acquisition of Hillside, Ill.-based Bekins Van Lines.
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Plenty of turbulence ahead, despite Republic's progressRestricted Content

November 17, 2012
Greg Andrews
Analysts are impressed by Bedford’s cost-cutting achievements at Republic’s scheduled-service carrier, Frontier Airlines, and his early progress in restructuring its Chautauqua unit, which flies small regional jets on contract for branded carriers.
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Ohio-based logistics firm opens first local facilityRestricted Content

November 17, 2012
Spartan Logistics is hiring about 35 people to staff a warehouse on the east side near 33rd Street and Franklin Road.
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Transit supporters set to kick off new campaign

November 14, 2012
The campaign, Indy Connect Now, will urge state legislators to allow voters to decide whether to fund an expanded mass-transit system in the area.
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KAR stock falls after private-equity deal reported dead

November 13, 2012
Bloomberg News
KAR Auction Services Inc. stock took its biggest daily drop in more than three months Tuesday after Reuters reported the provider of wholesale vehicle auction services ended talks to sell itself to private-equity firm Clayton Dubilier & Rice LLC.
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SW Indiana leaders say area must seize I-69 prospects

November 13, 2012
Associated Press
The opening of the Interstate 69 extension's first section in southwestern Indiana next week presents economic opportunities that some business and government leaders say the area must seize.
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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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  4. The question is, where could they build a new stadium? It seems in the past year, all the prime spots have been spoken for with potential projects. Maybe in the industrial wasteland area a block past Lucas Oil? I think it needs to be close to the core, if a new stadium is built.

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