FedEx Corp. and United Parcel Service Inc. expect to set another record for packages handled this holiday season, fueled by an estimated 17 percent jump in online spending. Indianapolis is home to FedEx’s second-busiest package hub.
Amazon.com Inc. has a massive network of distribution centers across the country that includes several fulfillment centers in Indiana. But even those aren’t enough to keep up with demand for fast shipping.
Celadon Group Inc. shares tumbled Thursday morning, a day after the Indianapolis-based trucking company reported a loss of $2.9 million, or 10 cents per share, in its latest quarter.
Amazon told IBJ it would hire thousands of seasonal workers in Indiana, including 6,000 at four facilities in the Indianapolis area.
The site of a former coal-fired power plant in southeastern Indiana will be evaluated as a possible location for a fourth port in the state.
Economic conditions have meant a bumpy ride for trucking companies, but Indianapolis-based Celadon says it’s buckled in for the long haul.
The parent company of National Wine & Spirits, has applied to the city for a property-tax abatement on the project that will save it an estimated $335,243 over the eight-year abatement period.
The retailer announced that it has acquired a 937,000-square-foot distribution center in Plainfield where it hopes to hire 900 employees by early 2020.
The trucking company had a profit of $1.6 million in the fiscal fourth quarter, down almost 87 percent from the $12 million it made in the same quarter a year ago.
The children of late Celadon Group Inc. co-founder Steve Russell and his second wife have been waging a court battle over his $31 million estate.
Online shoppers want their packages—now. And Amazon is spending billions of dollars to make sure that happens by beefing up its distribution network.
Trucking and logistics company Knight Transportation Inc. expects to add as many as 426 employees at its new Regional Operations Service Center in Plainfield by the end of 2021, the company announced Tuesday.
Three former truckers are suing Celadon and seeking class-action status for “thousands” of drivers, claiming the company violated state and federal laws by hiring them as independent contractors.
It was the first year in the Ports of Indiana's history that the state's three ports handled more than 12 million tons of cargo.
Celadon CEO Paul Will said quarterly earnings were hurt by $1.2 million in expenses related to the company’s acquisition of Tango Transport during the quarter.
The logistics and costs of same-day delivery—the fuel, labor, infrastructure and other costs—have been difficult challenges to surmount.
UPS is raising ground, air and freight rates by averages of around 5 percent this year as it seeks to cover rising labor and equipment costs.
Finishing the proposed extension of Interstate 69 from Bloomington to Indianapolis was one of about 75 projects the industry sector pushed for in a strategic plan released Wednesday.
Celadon Group Inc. sold a portfolio of semi tractors and their associated leases for $13.6 million to a joint venture controlled by a private-equity firm, Indianapolis-based Celadon announced late Friday.
Indianapolis-based Celadon Group Inc. has acquired the truckload business assets of Tango Transport LLC, a Shreveport, Louisiana-based transportation company, Celadon announced Wednesday night.
