Celadon reports best 4th quarter in 5 years
Celadon Group Inc. put together its best fourth fiscal quarter since 2006, with earnings doubling over the same period a year ago, to $5.5 million.
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Nearly 100 Indiana post offices to undergo review
The financially-troubled U.S. Postal agency announced Tuesday that it will study more than 3,600 offices, branches and stations throughout the nation for possible closing.
Indiana says construction on key I-69 section moving ahead
State highway officials say they hope to begin building a key section of Interstate 69 to Bloomington by the end of 2011 after releasing the final environmental impact statement for the stretch.
Indiana electric car company gets new owner
Think North America, a company that has been making electric cars at a northern Indiana factory, has a new owner, giving local officials more confidence in its future.
Frontier Airlines plans return to normal service
Frontier Airlines says it expects to return to normal service including a full schedule on Saturday after repairing planes that were damaged by hail.
UPDATE: Medco acquisition could lead to local consolidation
It’s not yet clear how Express Scripts Inc.’s $29.1 billion acquisition of rival Medco Health Solutions will affect the companies’ central Indiana operations—or their 800-plus employees at two facilities here.
Logistics firm adding 191 jobs in Greensburg
Auto parts supplier One Solution Logistics of Indiana Inc. will expand its operations in Greensburg, creating as many as 191 jobs as the Honda Motor Co. plant there adds a second shift, state economic development officials announced Friday.
Baggage wrapping service lands contract at Indianapolis airport
For as little as $9, a traveler can wrap a bag in blue-colored, tamper-proof recyclable plastic film.
Merger of key airlines at Indianapolis grounds three flights
It’s more difficult to get to New York LaGuardia and some other business hubs following the combination of Southwest Airlines and AirTran Airways.
Notorious I-69 interchange slated for big upgrade
Getting onto and off of Interstate 69 at the 116th Street exit has long been a nail-biting experience, but traffic planners are about to propose reconstruction to unplug the bottleneck.
Indiana toll road came up $209M short in 2010
Now five years old, the Indiana Toll Road deal has yet to turn a profit, or break even, for its two overseas investors. The $3.8 billion contract, however, has been a bargain for the taxpayers of Indiana.
City taps downtown TIF funds for bridge repairs
The city is bidding work to repair concrete and add a green roof to the Meridian Street Bridge adjacent to downtown Union Station.
Amazon planning fourth area distribution center
Amazon.com plans to open a second warehouse in Plainfield this year, the company announced Wednesday. The online retailer’s fourth location in central Indiana is expected to create hundreds of jobs.
Mike’s unveils new design for new carwashes
Two new carwash facilities in Anderson and West Lafayette will bring the Indianapolis-based chain to 39 stores.
Key exec behind Indy airport expansion retires
Robert A. Duncan nudged the door closed this week on his office at the Indianapolis Airport Authority and retired after a career at the center of one of the largest, long-term civic developments in the city's history.
Rolls-Royce upgrades engine on market since 1950s
Rolls-Royce’s Indianapolis plant assembles few of its workhorse T56 aircraft engines in whole, but cranking out spare parts for overhauls is a large business. The last contract modification, issued by the U.S. Air Force in 2007, is worth up to $789 million and is still active.
Transportation museum eyes excursion trains to downtown Indy
As efforts drag on to study and fund a commuter rail system using the former Nickel Plate rail line, the group now using the 37-mile corridor to run excursion trains in Hamilton County and to the Indiana State Fair is looking at running its trains farther south—to downtown.
Daniels says investors overpaid on Indiana Toll Road
Gov. Mitch Daniels on Wednesday marked the 5-year anniversary of the $3.8 billion lease. He said the state is insulated from any financial problems under the deal it crafted even though an investor group is in danger of defaulting.
Republic soars as lower fuel costs prompt analyst upgrade
Shares of Republic Airways enjoyed a 22-percent rocket ride on Monday after a stock analyst gave the beleaguered company an upgrade and the price of jet fuel continued to moderate.
Logistics firm planning 415 jobs in Plainfield
Ozburn-Hessey Logistics plans to expand its distribution center in the Hendricks County town and create up to 415 new jobs by 2015. Based in Tennessee, OHL is one of the largest third-party logistics providers in the world.