Celadon to acquire Canadian trucking, rail firm
The Indianapolis-based trucking firm plans to establish a foothold in the Canadian rail industry by acquiring N. Yanke Transfer Ltd., which posted $90 million in revenue in 2012.
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Transportation planning agency set to vote on Illiana tollway
The fate of a proposed $1.3 billion expressway being pushed by the governors of Illinois and Indiana could be determined Thursday.
Transportation, warehousing catch tailwind
Indiana’s transportation and warehousing industry employs more people now than before the recession, and observers think its growth will continue to outpace the nation’s.
East Chicago, Gary push competing port proposals
Two northwestern Indiana cities are proposing plans for developing a new $400 million port that would become Indiana's second shipping port on Lake Michigan.
Celadon to pay $18.5M settlement over fatal crash
The Indianapolis-based trucking firm has agreed to pay $18.5 million to the families of two men who died in a multiple-vehicle accident involving a Celadon truck driver in northwest Indiana in February 2011.
Trucking firms brace for impact of new driver-rest rules
New U.S. safety regulations requiring truckers to work shorter shifts may cut productivity, worsen a driver shortage and boost freight costs for the $8.4 trillion in goods hauled each year by American big rigs.
FedEx confirms plans for $40M Zionsville center
The company plans to open the 300,000-square-foot center in August 2014 with about 200 workers, although most will be transferring from an existing Indianapolis FedEx facility.
Celadon acquires Canadian trucking company
Hyndman Transport Limited, based in Wroxeter, Ontario, operates about 175 tractors and brought in roughly $48 million in revenue in 2012.
Celadon’s profit, revenue slide in latest quarter
Celadon CEO Paul Will noted that the latest quarter had two fewer business days than the previous year's period and was hampered by heavy winter storms.
Celadon says new driver-training facility to create 500 jobs
The Indianapolis-based trucking firm first announced plans for the driver-education center in January, but has since expanded the project and employment projections while seeking state incentives.
Plainfield distribution facility with 137 workers closing
Pitney Bowes said 137 employees will lose their jobs when it ceases operations at a distribution center in Hendricks County in May.
Celadon receives incentives for $5.2M driving training center
The Indianapolis-based trucking carrier plans to build a $5.25 million driver-training center and add 182 jobs as part of its latest expansion at its east-side corporate campus.
Railroad company expanding Indianapolis terminal
Indiana Rail Road Co. will construct an intermodel terminal to give Indiana companies an all-rail option for products moving to and from Asia in containers.
Celadon snaps up two more trucking companies
The Indianapolis-based company's Celadon Trucking Services subsidiary has agreed to acquire Warren-based Rock Leasing Inc. in northeast Indiana and Wadley, Ala.-based Kelly Logistics Inc.
Railcar shipments making a comeback in Indiana
High diesel prices are turning companies to trains.
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.
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.