Transportation, Distribution & Logistics

Celadon reports lower profit, higher revenue

January 25, 2010
Indianapolis trucking firm Celadon Group Inc. saw revenue rise to $127.2 million in its fiscal second quarter, although profit fell to $1 million.
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Minority-owned logistics firm lands high-profile investors

January 23, 2010
Chris O'Malley
Wireless phone distributor Brightpoint Inc. is among the backers of a new logistics company that says it might employ 250 by 2012.
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Pickens' natural-gas plan may prove boon to truck builders

January 22, 2010
Bloomberg News
Converting the U.S. trucking industry to natural gas will benefit manufacturers including Columbus-based Cummins Inc., T. Boone Pickens says.
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Grocery distributor buys convenience store supplier

January 21, 2010
An Indianapolis-based grocery wholesaler has purchased the assets of a convenience store supplier in Danville, enabling it to expand its number of customers to 800 in five states.
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Airport expert to bring 'Aerotropolis' concept to Indianapolis

January 20, 2010
Chris O'Malley
Idea for old terminal calls for more deliberative planning of development in and around Indianapolis International to make airport more of an economic development hub.
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Pioneering automobile dealer Lockhart dies

January 20, 2010
 IBJ Staff
Freda Lockhart was the first woman to open dealerships for Cadillac and Saturn automobiles.
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Bird strikes frequent at Indianapolis airportRestricted Content

January 16, 2010
Chris O'Malley
Bird strikes remain a threat—statistically more so than a Nigerian terrorist with a bomb in his BVDs—at Indianapolis International Airport. There were 37 bird strikes reported at the airport in 2009, five involving damage or temporary grounding of an aircraft.
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Auto, battery jobs hinge on landing federal energy loansRestricted Content

January 16, 2010
Kathleen McLaughlin
Indiana's future as a hub for making electric and hybrid vehicles hinges on a single government loan program.
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Conexus gets $3.45 million from Lilly Endowment

January 15, 2010
 IBJ Staff
Lilly Endowment Inc. is continuing to support the state's advanced-manufacturing initiative, giving Conexus Indiana a grant to help connect potential workers with the necessary training.
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Republic Airways moving all execs to Indianapolis

January 14, 2010
Associated Press
Republic, which bought Frontier Airlines and Midwest Airlines last year, says it will move all of its executives to its headquarters in Indianapolis.
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Cummins gets $54M to improve fuel efficiency

January 11, 2010
 IBJ Staff and Associated Press
Columbus engine maker Cummins Inc. will receive nearly $54M in federal funding as part of a program designed to significantly increase fuel efficiency in heavy trucks and passenger vehicles, U.S. Energy Secretary Steven Chu announced Monday.
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Skillman grows with Reeves acquisition

December 31, 2009
Chris O'Malley
Ray Skillman's purchase of Reeves Buick Pontiac means more shuffling of area dealerships.
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NEWSMAKER: Clark lands jobs as airport CEO

December 26, 2009
Chris O'Malley
The Indianapolis Airport Authority hired John D. Clark III as CEO, luring him away from Jacksonville Florida.
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NEWSMAKER: Republic's Bedford keeps low profile, makes big impact

December 26, 2009
Chris O'Malley
For the head of an 11,000-employee company, Bryan Bedford has all the profile around these parts as a participant in the federal witness protection program.
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Republic flies boldly into branded-carrier business

December 26, 2009
Chris O'Malley
After 36 years of flying smaller planes painted in the colors of the major airlines for which it flies under contract, Republic Airways Holdings in 2009 became a branded airline operator of its own.
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Local FedEx employees working more during holidays

December 21, 2009
 IBJ Staff and Associated Press
Many of the 5,000 employees at the FedEx Express hub at Indianapolis International Airport are benefiting from the holiday shipping rush by working longer hours.
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Freight Masters files bankruptcy after losing business from Chrysler, BoeingRestricted Content

December 19, 2009
Chris O'Malley
The minority-owned logistics firm is also involved in a legal battle with a Washington state firm over the loss of its Boeing business.
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Indianapolis Airport Authority credit rating holds steady even as revenue falls

December 19, 2009
 IBJ Staff
Indianapolis has fared better than some airports in terms of declining revenue, with passengers down about 10 percent for much of the year and revenue off 16 percent at one point.
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Indy Power Systems technology cited by Discovery magazine

December 19, 2009
 IBJ Staff
Founder Steve Tolen started out to make an electric car and wound up with a device to blend and regulate power among different types of electric batteries.
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UPDATE: Airport OKs $325,000 in 'betterment' projects

December 18, 2009
Chris O'Malley
Indianapolis' new $1.1 billion airport terminal faces at least two nagging functionality issues: inadequate protection during inclement weather at the second-level passenger drop-off platform and sunlight that floods the ticket lobby, making computer screens hard to read.
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Brightpoint pays $31M for distribution facility

December 17, 2009
Cory Schouten
Locally based Brightpoint Inc. has closed on a $31 million deal to purchase its 495,000-square-foot distribution facility in Plainfield.
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Plainfield's MD Logistics sued by Bristol-Myers over lost insulinRestricted Content

December 12, 2009
Chris O'Malley
Two semi-trailers of the medication were stolen in 2007 from a back lot at Daum Trucking, which isn't named in the lawsuit. Bristol-Myers charges MD Logistics with negligence in the $10.7 million suit.
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INDOT using federal funds to improve transportation options near schools

December 12, 2009
 IBJ Staff
The Safe Routes to School program “aims to influence a new generation of healthy, sustainable travel behavior,” says INDOT.
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UPDATE: KAR Auction IPO raises less than hoped

December 10, 2009
Associated Press
The Carmel-based auctioneer had expected to raise $340.9 million through its IPO, but the company said it would sell 25 million common shares at $12 each for total proceeds of $300 million.
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Republic Airways bringing 300 jobs to city

December 8, 2009
Chris O'Malley, Scott Olson
Republic Airways Holdings Inc. said Tuesday afternoon it will create as many as 300 jobs in Indianapolis next year by bringing Frontier Airlines’ Operation Control Center to the city.
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  1. Angela IS the best RD

  2. We are a nation of speed. All of our younger lives are filled with deadlines, quotas and bottom lines. We start to ease out of the pressured rat-race when we finally see "retirement." The most enjoyable travel on the planet is passenger rail service. Indy to Chicago does not beat Megabus or Southwest Airlines in speed. Passenger rail however has the best seating, mammoth legroon, seat backs that recline to more than 45 degrees and employers that really want you to return as a customer. Indiana municipalities need to maintain subsidies to support this transportation mode. Losing it is loss for all of us.

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