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Transportation, Distribution & Logistics

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State OKs private financing for roadworkRestricted Content

May 4, 2013
The Indiana Department of Transportation will press ahead with a request for proposals on Interstate 69 from Bloomington to Martinsville, in hopes that a public-private partnership will stretch limited state funds.More.

INDOT will build interchange at U.S. 31 and S.R. 28Restricted Content

May 18, 2013
Indiana is upgrading and bypassing congested sections of U.S. 31 near Kokomo, South Bend and Indianapolis. When completed, the projects are expected to remove 32 stoplights from the route, cutting a half hour off travel time.More.

Airport considers more parking changes

May 17, 2013
Indianapolis International Airport plans to tweak another parking area, this time designating 260 spaces closest to the terminal for people who intend to spend a short time inside.More.

Truck stop mogul says he didn't know of fuel-rebate issues

May 16, 2013
In a speech in Indianapolis, embattled truck stop CEO and Cleveland Browns owner James Haslam took the blame for a lack of oversight in his fuel-sales rebate program, which is the subject of a federal investigation.More.

Fed review finds Indiana highway land deals compliant

May 15, 2013
The Federal Highway Administration report found Indiana Department of Transportation records were adequate and sufficient.More.
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  1. While I understand the severity of their actions as well as everyones eagerness to hold them responsible for thier lost funds, these gentlemen did know how to make money. Dispite thier poor decisions over the ownership of Fair they had made several wise investments which paid them greatly. This proves they do have the potential to rebuild so they can repay. I do not feel they should live the life of luxuary but given an opportunity could they find ways of repaying the debts? They are doing nothing now but being a burden on tax payers. Just a thought!!!!!

  2. For those who let this information strike a nerve, remember that this is still the America that allows the freedom to achieve dreams and goals. Should you really chastise those who are given a perk on a deal that is supported by the consumer (that is until they don't like the deal anymore due to envy) or should the dream of rewards for working be looked at a little closer? I say lets stick to the deal, go to work,earn our keep, shoot for dreams, change our jobs to have that dream or shut up about others achievements ..............while we are still afforded this liberty of America !

  3. First Merchant's has a fiscal secret that must work. They held a second mortgage (the first mortgage was 'straw') on a piece of property in Madison County that was supposed to have a dump built on it. The 8.95% 30- year mortgage for $879,500 was issued in '79 and they let the statutue of limitations expire on their interest without receiving a penny in debt service! That was a loss of over $20M with accrued interest. I tried to get them to give me a mortgage like that but they weren't interested. Hmmm?

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