Celadon hires new CEO as Will announces departure
Struggling trucking firm Celadon Group Inc. is bringing in a new chief executive to replace Paul Will later this month, the Indianapolis-based company announced Thursday afternoon.
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Logistics company targets Lebanon for 1,160 jobs
One of the country’s fastest-growing transportation and logistics companies is making plans to open a massive distribution center northwest of Indianapolis.
State considers adding fourth port to strengthen economic development
Already, ports in Jeffersonville and Mount Vernon move goods to and from Indiana along the Ohio, downstream to the Mississippi River and out to the Gulf of Mexico.
UPS to charge more during Black Friday, Christmas delivery surges
United Parcel Service Inc. will place its first holiday-season surcharges on U.S. packages, as the world’s largest package-delivery company seeks to defray a surge in year-end costs.
2017 Indiana 100: In a mature industry, Wheaton keeps on truckin’
Q&A with Mark Kirschner, Wheaton Van Lines: “We’re not losing drivers; there’s just no new drivers coming into the industry.”
2017 Indiana 100: Cummins aims to transform trucking through tech
Q&A with Sherry Aaholm, Cummins Inc.: “My mother, early on, taught me the value of hard work, the value of recognizing diversity, the value of recognizing engagement and the fact that you’re just as powerful to do what you want to do.”
UPS plans $260M logistics facility in Plainfield, 578 jobs
United Parcel Service Inc. and the Indiana Economic Development Corp. announced plans for the new 893,000-square-foot package-handling hub Tuesday morning.
Celadon shares plummet after company admits to accounting woes
Shares in the Indianapolis-based trucking company dropped as much as 67 percent Tuesday morning. At least 16 law firms say they have filed lawsuits against the company or are investigating doing so.
Celadon replaces president as financial challenges, questions mount
The Indianapolis-based trucking company is dealing with auditing issues, liquidity challenges and scrutiny from its lenders. It expects to report a $10 million quarterly loss.
New food transport rules could boost big trucking firms most
Indianapolis-based Celadon Group Inc. is banking that a new federal food safety rule will help it take a bite out of its competition—in part because smaller carriers won’t be able to afford to comply.
Experts see cargo biz increasing at Indy airport
That’s important for Indianapolis International, where cargo represents a significant portion of landing weight. And landing fees that airports charge carriers are weight-based.
UPS adding Saturday delivery as online shopping drives demand
United Parcel Service Inc. is making one of the biggest shipping-time changes in its 109-year history. Saturday deliveries will begin next month in 15 metropolitan areas, including Indianapolis.
Postal Service says it lost $200 million over holiday season
The Postal Service has lost money for 10 consecutive years. First-class mail volume is down as people rely more on email for online bill payments. But online shopping has led to record volume in its package-delivery business.
UPDATE: State appeals court upholds Marion County ruling against Celadon
The Indiana Court of Appeals upheld a 2014 decision ordering Celadon to pay more than $4 million to a group of drivers in a dispute over fuel costs.
Amazon increasingly wants to be its own deliveryman
This week’s announcement of a new $1.5 billion air cargo hub in Kentucky, about two hours from Indianapolis, is merely Amazon's latest foray into building out its own shipping and logistics unit.
Celadon’s profit, revenue fall, but beat expectations
Indianapolis-based trucking company Celadon Group Inc. on Wednesday announced quarterly financial results that topped analyst predictions.
MD Logistics plans 50-job expansion in Plainfield
The third-party logistics provider said it will invest $3.7 million to upgrade a 173,000-square-foot facility—creating additional pharmaceutical-grade storage capicity that will allow it to service a new contract.
Celadon planning to add 375 jobs as part of expansion
The Indianapolis-based trucking and logistics company, which is building a $28 million corporate campus in Hancock County, has been approved for almost $3 million in state economic incentives.
Amazon sees shipments for independent merchants more than double
The number of merchants using Fulfillment by Amazon increased 70 percent in 2016. The logistics service lets merchants send goods to Amazon warehouses and pay a fee for packing and shipping online orders to customers.
Rollback of truck safety rules may be just the beginning
The trucking industry scored a victory this week when Republican lawmakers effectively blocked Obama administration safety rules aimed at keeping tired truckers off the highway.