Transportation, Distribution & Logistics

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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Government report: Too few pilots or too little pay?

February 28, 2014
Associated Press
The nation's regional airlines are having trouble hiring enough pilots, the government says, suggesting one reason may be that they simply don't pay enough. The average starting salary for co-pilots at regional airlines is $22,400 a year.
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State lawmakers advance roads, education measures

February 27, 2014
Associated Press
Indiana lawmakers advanced a wide range of measures Thursday as they headed into the final two weeks of their 2014 session, setting up last-minute negotiations on everything from road funding to education.
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IndyGo unveils design of $20M downtown transit center

February 27, 2014
Scott Olson
Construction of the hub, which Mayor Greg Ballard noted Thursday in his annual State of the City address, is set to begin this fall with completion expected by the end of 2015.
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Republic sees better profit, revenue in 4th quarter

February 26, 2014
 IBJ Staff
Indianapolis-based Republic said full-year profit fell from $51.3 million in 2012 to $26.7 million in 2013 after a loss from discontinued operations of $21.6 million.
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  1. Uh, sorry Johnnie, but you are incorrect. Despite the assertions by yourself and various defenders and captains, sports attendance is NOT off significantly at most sporting events in the US. Variances in attendance has been in the range of single digits, both + & - for years now. MLB has had most of its best overall attendance nubers in the last decade, and that trend has been consistent for most major sporting events. The number one issue cited by most fans when asked about attendance is the overall cost of attending. The presence of HD and big screen televisions in home doesn't even register, as a factor for not attending an event. VALUE in the product is the key, and apparently is something lacking in the current ICS. What other explanation is there when with what is routinely touted as the "best" racing on the planet, fans are staying away in DROVES. A "close" title battle into the last event at Fontana, with the "cars and stars" of the ICS, and who showed up? MAYBE 8K. Sorry, but HD TV isn't to blame for that kind of fan apathy.

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