In early April, the 110,000-square-foot Indianapolis distribution center of California-based medical-device supplier DJO Inc.
will quietly roll out a revolutionary automated package-handling system.
Conexus Indiana, an industry-driven advanced manufacturing and logistics initiative, is spearheading the development of a
strategic logistics plan.
Hampered much of the year by high fuel prices, trucking companies still may be in for a long haul before they’re back on the
road to recovery.
State economic development leaders remain bullish on Indiana’s future as a logistics hub even as two local players have been
forced into bankruptcy and others struggle with high fuel prices.
Spiking diesel fuel prices have deflated trucking stocks and made road kill out of many a small motor carrier. It’s sweet
irony for anyone who’s worn a pinstriped cotton cap to work. The rising price of diesel is poised to invigorate a mode of
transportation that trucks nearly annihilated–the 40 freight railroads crisscrossing the state.
In just over one quarter, shares of Celadon Group lost nearly half their value as profitable cargo got harder to find in a
slowing economy. The stock closed at $9.13 on Dec. 19, down from nearly $17 in late August.
Interstate moving companies have operated for decades under industrywide price fixing blessed by the federal government. But
the system–one Tony Soprano and the boys in the back room of Bada Bing would love–will end Dec. 31, ushering in price cuts
and other changes that could affect the cost of a move.
