Ohio-based logistics firm opens first local facility
Spartan Logistics is hiring about 35 people to staff a warehouse on the east side near 33rd Street and Franklin Road.
Shipping
Articles
Celadon Group’s quarterly profit jumps 50 percent
Indianapolis-based trucking company Celadon Group said fiscal first-quarter profit rose to $8.3 million due to higher freight revenue and lower operating expenses.
Airport postal facility to keep on trucking
The Indianapolis Airport Authority board on Friday is expected to vote on a lease with Wilmington, Ohio-based LGSTX Distribution Services to continue operations at the hub through at least November 2014.
Indiana Rail Road revives downtown truck terminal
The Indiana Rail Road Co. has reactivated a closed rail yard through a partnership with a Canadian logistics company, which serves about a dozen of INRD’s customers at the yard.
Women’s retailer plans $37M expansion, 242 jobs
New York-based Ascena Retail Group, whose female clothing brands include Justice, Lane Bryant, Maurices and Dressbarn, plans to transform its 794,000-square-foot warehouse in Greencastle into an e-commerce distribution hub.
CSX passing over Avon yard, investing elsewhere
Central Indiana’s rail terminal to the world is CSX Transportation’s Avon yard, in Hendricks County. But don’t look for much in the way of rail shipments from here directly to the West Coast. The yard operates well below capacity. Meanwhile, CSX has been investing hundreds of millions of dollars in infrastructure upgrades to terminals in Ohio and farther east.
Celadon reports big jump in earnings on higher revenue
The Indianapolis-based trucking firm on Monday said earnings rose 63 percent, to $9 million, in the fiscal fourth quarter. Quarterly revenue rose 4 percent, to $157.5 million.
Ahoy! Cargo traffic up at state’s ports
Large increases in maritime shipments interpreted as good sign for Indiana economy.
Local logistics provider FitzMark plans to add 30 jobs
Indianapolis-based FitzMark Inc. said it will fill the customer service and purchasing positions by the end of the year. The company was founded in 2007 and has grown to $25 million in annual revenue.
UPS plans $10 million upgrade on northwest side
United Parcel Service Inc. is planning a $10 million modernization project for a regional transportation hub in Indianapolis and is seeking tax incentives to help make it happen. The project would help the company retain 750 local jobs.
Mexican big rigs shun border, imperiling trucking deal
A cross-border trucking pact that ended a 17-year trade dispute between the U.S. and Mexico last year may unravel unless more Mexican big rigs start crossing the border. Failure of the program could have an impact on trucking firms like Indianapolis-based Celadon Group Inc.
Celadon Group names new chief financial officer
Celadon Group Inc. announced Monday that it has named Eric Meek as executive vice president, chief financial officer and treasurer, effective immediately, as part of a succession-planning process.
Growing distributor to expand into Greenwood
A distribution company that specializes in handling food for retailers has outgrown its Plainfield space and plans to take up another 400,000 square feet in Greenwood. Prime Distribution estimates it would add 35 employees by 2016.
Airport wants more nonstop flights
Its focus will include trying to attract flights from Indianapolis International to San Francisco, San Diego and Seattle.
Amazon plans another Indiana warehouse, 1,000 jobs
The online retailer said it will open a new warehouse in Jeffersonville and create up to 1,050 jobs by 2015 as part of a $150 million investment. The distribution facility would be the company’s fifth in Indiana.
Despite high jobless rate, trucking firms fight driver shortage
Trucking companies, including Indianapolis-based Celadon Group Inc., are struggling to find qualified drivers even as the U.S. unemployment rate remains at the highest level in almost 30 years.
EEOC charges Celadon with discrimination
The agency claims the Indianapolis trucking firm subjected job applicants to medical exams and failed to hire qualified driving candidates because of disabilities. Celadon CEO Steve Russell denies wrongdoing.
Wheaton acquiring residential mover Bekins
Wheaton World Wide Moving is buying the nation’s oldest and one of its largest household movers, Bekins Van Lines. The deal is expected to bring 38 jobs to Wheaton’s northeast-side headquarters.
Indiana ports had best shipping year since 2006
New shipments of ethanol and dried distillers grains combined with gains in limestone, salt and steel cargoes to drive the 5 percent increase in total tonnage shipped through the three ports last year.
Cargolux adding third weekly European cargo flight
International flights for Roche Diagnostics from Indianapolis International Airport expand city’s export capacity, bolster airport’s cargo ambitions.