Upstart Indianapolis logistics firm plans to add 73 jobs
Two-year-old Spot Freight says it expects to reach $30 million in revenue next year.
Two-year-old Spot Freight says it expects to reach $30 million in revenue next year.
The U.S. Department of Transportation has approved $196.5 million for part of a high-speed Amtrak passenger rail link between Chicago and Detroit, U.S. Sens. Carl Levin and Debbie Stabenow from Michigan said Wednesday.
Progress Rail Services, which said last October that it would create up to 650 jobs in Muncie by 2012, now expects to employ just 250 people at the plant by the end of next year, according to a magazine.
Downtown Indianapolis Streetcar Corp. said a circulator route between downtown and the Indianapolis Zoo in White River State Park might cost $20 million to $25 million to build and equip.
An innovative private financing deal struck last year to expand Denver’s rail transit system could be used to expedite construction of the first line in central Indiana.
Canadian National Railway Co. on Wednesday announced plans to relocate part of its operations from Markham, Ill., to northwest Indiana.
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.
The city of Indianapolis released bids soliciting contractors to repaint, clean and add lighting underneath the overpasses at Meridian, Pennsylvania and Illinois streets and College and Capitol avenues downtown, and on 10th Street east of the Monon Trail.
Freight and passenger rail are subject of long-range planning events.
The Obama administration is taking $1.2 billion in high-speed rail money away from Ohio and Wisconsin and awarding it to 12 other states, Transportation Secretary Ray LaHood said Thursday.
Indiana was rejected earlier this year for federal funding for its part of a Chicago-to-Cleveland route.
Scaled-back transit plan, which includes rail line from downtown to Noblesville and Franklin, is projected to cost $2.4 billion, with local taxpayers picking up about half the amount. Funding would need to be approved through county referendums, however.
Some southern Indiana communities are worried about the economic impact of CSX Transportation's decision to stop running
trains on a 62-mile rail line.
The two-year study by the Conexus Indiana Logistics Council Executive Committee involved 36 logistics executives statewide.
A lawsuit aimed at stopping invasive carp from reaching Lake Michigan could bring some forms of shipping to a grinding halt.
The decision to sidetrack a 110-mph Chicago-Indianapolis-Cincinnati train hasn’t received any attention
locally. High-speed rail could someday become an economic development engine here, but it has
not gained as much attention here as improved highways or a commuter rail line from downtown to Noblesville.
Warren Buffet’s Berkshire Hathaway says it has agreed to buy Burlington Northern Santa Fe in a deal valuing the railroad at
$34 billion.
Officials with the Indiana Transportation Museum say heat from last week’s tanker truck explosion on Indianapolis’ northeast
side damaged about 200 feet of railroad track.
Local leaders and, soon, a national team of experts, are quietly developing a strategy to revitalize Marion County’s biggest
concentration of brownfield sites and impoverished urban neighborhoods, centered at East 22nd Street and the Monon Trail.
Indiana Railroad Co. has coupled onto its “largest single new business opportunity ever” with plans to serve Peabody Energy’s new Bear Run Mine in Sullivan County, said IRR President and CEO Thomas G. Hoback.