Transportation, Distribution & Logistics

Study will seek answers to transportation funding issue

March 21, 2014
Jacob Rund, The Statehouse File
The Indiana Department of Transportation will launch an expansive study seeking new ways to finance road construction and maintenance, according to a bill passed by the Indiana legislature awaiting the governor's signature.
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City reports more revenue from parking meter operations

March 19, 2014
 IBJ Staff
Indianapolis received more than $3 million in revenue from parking meters in 2013, its highest total yet since turning over meter operations to ParkIndy in late 2010.
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Foreign trade zone status easier to come byRestricted Content

March 19, 2014
Chris O'Malley
Shielding items from customs duties has become cheaper, quicker.
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Illiana Expressway eligible for low-interest loan

March 17, 2014
Associated Press
The proposed Illiana Expressway linking northwestern Indiana with Chicago's south suburbs is eligible for a low-interest federal loan for up to one-third of the cost of the $1.5 billion project.
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Fastenal seeks tax abatement on $11M expansion

March 17, 2014
 IBJ Staff
The firm intends to make its facility north of 56th Street on Guion Road the main hub for more than a dozen other regional distribution centers, and to hire 60 more workers.
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Apparel firm requests tax break on $15M project

March 17, 2014
 IBJ Staff
OSP Group is in the midst of re-evaluating its national distribution network and has identified major improvements needed at the center, which employs 625.
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Toyota dealers trying to stop Ed Martin's relocationRestricted Content

March 15, 2014
Chris O'Malley
Butler Auto Group has been selling Toyotas in Indianapolis since 1966. Ed Martin Auto Group has been selling Toyotas in Anderson since the 1980s. So when Toyota Motor Sales USA recently allowed Martin to move its dealership 20 miles west, to Noblesville, Rob Butler started seeing red.
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University Loft’s founder now building electric carsRestricted Content

March 15, 2014
Anthony Schoettle
The founder of University Loft Co., one of the nation’s biggest suppliers of college dorm room and military base furniture, is now venturing into the world of alternative transportation.
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Rokita takes on FAA medical ruleRestricted Content

March 15, 2014
General aviation pilots abhor the Federal Aviation Authority’s third-class medical certificate, which requires them to get a physical from an FAA-approved doctor every two years, but the industry has yet to take down that bureaucratic hurdle.
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Compromise bill allows state to spend $200M on interstates

March 13, 2014
 The Statehouse File
The House passed the compromise bill 95-4, even as a number of lawmakers – including Democrats – complained that the legislation doesn’t include any money for local roads.
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Mass transit on tap for six counties under bill headed to Pence

March 13, 2014
 The Statehouse File
The legislation authorizes officials in Marion, Madison, Johnson, Hancock, Hamilton, and Delaware counties to seek voter permission to raise income taxes to fund a regional bus system. Light rail is not part of the legislation.
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RV supplier plans expansion in Indiana, 150 jobs

March 13, 2014
Associated Press
Lippert Components is planning to start operations at a closed South Bend distribution center and hire more than 150 workers this year.
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Deal on mass-transit legislation headed for vote

March 12, 2014
Jacob Rund, The Statehouse File
The compromise language does not include a provision to establish a light-rail system or an increase in corporate taxes. However, the legislation would still allow for an increase in individual income taxes pending voter approval.
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Incentives planned to boost Fort Wayne flights

March 12, 2014
Associated Press
The city of Fort Wayne is going to kick in up to $600,000 in incentives over two years for an airline to offer daily flights to an East Coast travel hub.
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Indiana road-funding measure nears final vote

March 10, 2014
Associated Press
Indiana House and Senate lawmakers are still deciding whether to release $200 million for road expansion projects.
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Indiana public transit usage bucking national trend

March 10, 2014
Associated Press
Outside of Indianapolis, many Indiana cities aren't experiencing the same transit trend that saw more Americans using public buses, trains and subways in greater numbers in 2013.
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Indiana road funding bill nears final vote at Statehouse

March 10, 2014
Associated Press
Final lawmaker negotiations are set to begin on a bill that would allocate $200 million for Indiana transportation projects.
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Changes to U.S. 31 cause worry in CarmelRestricted Content

March 8, 2014
Kathleen McLaughlin
A large section of Meridian Street in Carmel will be transformed to a limited-access highway by the end of this year.
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Auto auctioneer invests big in tech as sales go online

March 6, 2014
Dan Human
KAR Auction Services Inc. expects to spend as much as $125 million on technology this year as its focus continues to shift to the Web and apps.
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Mass-transit supporters hopeful for compromise

March 5, 2014
Andi TenBarge, The Statehouse File
Supporters of competing plans to expand mass transit in central Indiana say they’ve got differences to work out before the General Assembly wraps up March 14 but they’re confident they can find resolution.
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Off-airport parking firm acquires local competitor

March 5, 2014
Kathleen McLaughlin
A Cincinnati-based company that fought a legal battle with the Indianapolis Airport Authority over construction of an off-site parking facility has acquired its largest local private competitor and plans to close its lot.
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J.D. Byrider adds franchises in seven states

March 4, 2014
 IBJ Staff
J.D. Byrider, the largest used-car franchisor in the nation, continued its national growth spurt by opening stores in seven different states between mid-December and Monday, the Carmel-based company announced Tuesday.
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Mass transit bill headed to conference committee

March 3, 2014
 The Statehouse File
The Indiana House passed legislation to authorize new taxes for an expanded bus system but the bill is headed to a conference committee where lawmakers will try to find a compromise on the issue.
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Legislation would allow ads on public school buses

March 3, 2014
Associated Press
The bill, approved by the Indiana Senate 49-0, would allow advertising on school buses in two Indianapolis neighborhoods and a school district just north of the city.
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Sky's the limit on bank's aircraft finance business

March 1, 2014
Chris O'Malley
1st Source is among few Indiana-based institutions to deal in jet financing.
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  1. It is nice and all that the developer grew up here and lives here, but do you think a company that builds and rehabs cottage-style homes has the chops to develop $150 Million of office, retail, and residential? I'm guessing they will quickly be over their skis and begging the city for even more help... This project should occur organically and be developed by those that can handle the size and scope of something like this as several other posters have mentioned.

  2. It amazes me how people with apparently zero knowledge of free markets or capitalism feel the need to read and post on a business journal website. Perhaps the Daily Worker would suit your interests better. It's definitely more sympathetic to your pro government theft views. It's too bad the Star is so awful as I'm sure you would find a much better home there.

  3. In other cities, expensive new construction projects are announced by real estate developers. In Carmel, they are announced by the local mayor. I am so, so glad I don't live in Carmel's taxbase--did you see that Carmel, a small Midwest suburb, has $500 million in debt?? That's unreal! The mayor thinks he's playing with Lego sets and Monopoly money here! Let these projects develop organically without government/taxpayer backing! Also, from a design standpoint, the whole town of Carmel looks comical. Grand, French-style buildings and promenades, sitting next to tire yards. Who do you guys think you are? Just my POV as a recent transplant to Indy.

  4. GeorgeP, you mention "necessities". Where in the announcement did it say anything about basic essentials like groceries? None of the plans and "vision" have basic essentials listed and nothing has been built. Traffic WILL be a nightmare. There is no east/west road capacity. GeorgeP, you also post on www.carmelchatter.com and your posts have repeatedly been proven wrong. You seem to have a fair amount of inside knowledge. Do you work on the third floor of Carmel City Hal?

  5. I don't know about the commuter buses...but it's a huge joke to see these IndyGo buses with just one or two passengers. Absolutely a disgusting waste of TAXPAYER money. Get some cojones and stop funding them. These (all of them) council members work for you. FIRE THEM!

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