Transportation, Distribution & Logistics

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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Food giant ConAgra plans huge center north of Indianapolis

February 25, 2014
 IBJ Staff
ConAgra Foods Inc. is expanding logistics operations in central Indiana by moving a distribution center in Lebanon to a new and bigger facility it plans to build in nearby Frankfort. The move is expected to create 76 jobs.
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INDOT closing U.S. 31 in Carmel for better part of 2014

February 25, 2014
Kathleen McLaughlin
INDOT plans to close a chunk of U.S. 31 in Carmel on or after April 4 through Thanksgiving. The closure was originally planned for 2015, but prep work was completed ahead of schedule.
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Transit bill advances at Statehouse after losing amendments

February 25, 2014
The Indiana House Ways and Means Committee voted Tuesday morning to move a mass-transit bill to the full House, where it’s sure to see further debate.
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House committee mulls corporate contribution to mass transit

February 24, 2014
Kathleen McLaughlin
The Indiana House Ways and Means Committee is expected to vote Monday on a mass-transit bill and is considering an amendment that would require 10 percent of revenue to come from non-traditional sources.
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New BMV class-action suit alleges drivers overcharged

February 24, 2014
Associated Press
Plaintiffs in the class-action lawsuit could secure refunds for overcharges on vehicle registrations and other services if their suit succeeds. The suit follows on the heels of a similar legal battle fought last year.
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  1. How can any company that has the cash and other assets be allowed to simply foreclose and not pay the debt? Simon, pay the debt and sell the property yourself. Don't just stiff the bank with the loan and require them to find a buyer.

  2. If you only knew....

  3. The proposal is structured in such a way that a private company (who has competitors in the marketplace) has struck a deal to get "financing" through utility ratepayers via IPL. Competitors to BlueIndy are at disadvantage now. The story isn't "how green can we be" but how creative "financing" through captive ratepayers benefits a company whose proposal should sink or float in the competitive marketplace without customer funding. If it was a great idea there would be financing available. IBJ needs to be doing a story on the utility ratemaking piece of this (which is pretty complicated) but instead it suggests that folks are whining about paying for being green.

  4. The facts contained in your post make your position so much more credible than those based on sheer emotion. Thanks for enlightening us.

  5. Please consider a couple of economic realities: First, retail is more consolidated now than it was when malls like this were built. There used to be many department stores. Now, in essence, there is one--Macy's. Right off, you've eliminated the need for multiple anchor stores in malls. And in-line retailers have consolidated or folded or have stopped building new stores because so much of their business is now online. The Limited, for example, Next, malls are closing all over the country, even some of the former gems are now derelict.Times change. And finally, as the income level of any particular area declines, so do the retail offerings. Sad, but true.

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