Transportation, Distribution & Logistics

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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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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