Nuts-and-bolts distributor’s sale leaves suppliers empty-handed
The purchaser, The Whitesell Group of Companies, bought the assets but not the liabilities, including $5 million owed to various unsecured creditors.
Transportation
Articles
State to motorists: You break it, you buy it
Crash into a guardrail and chances are now higher that your insurer—or you—will get a repair bill from the Indiana Department of Transportation. INDOT has deployed a new way of tracking damage to state property at crash scenes and quickly collecting money from those responsible.
Ameriplex development OK’d after ‘soap opera’ meeting
Over objections from Mayor Greg Ballard, the Indianapolis Airport Authority and Indy Park Ride & Fly, the city’s Metropolitan Development Commission gave the green light to a 31-acre, 3,700-spot parking lot in the Ameriplex development on the city’s west side.
Abandoned gas stations both vex, brim with promise
The trick is to determine in advance just how expensive and lengthy that cleanup might be.
Republic cutting up to 180 jobs in Milwaukee
Republic Airways Holdings Inc. expects to transfer 230 crew members to other cities as it cuts flights by its Frontier Airlines unit in Milwaukee, where it will eliminate as many as 180 jobs.
Ohio River bridge could reopen early
The Indiana Department of Transportation said Tuesday that if weather cooperates the Sherman-Minton Bridge linking Louisville, Ky., and New Albany, Ind., may reopen about a week ahead of the contractor's March 1 deadline.
Frontier trims Milwaukee flights as Republic seeks buyer
Frontier Airlines will cut daily departures from Milwaukee by 44 percent to drop unprofitable flights as Indianapolis-based parent Republic Airways Holdings Inc. prepares to sell or spin off the carrier.
Fishers warehouse to close, costing 248 jobs
New York-based Sony DADC Americas will start shutting down its Fishers distribution facility in May and lay off all 248 workers by September, the company said Friday morning.
Scopelitis Garvin Light Hanson & Feary opens Dallas office
It is the ninth office for Scopelitis, which serves the trucking, transportation and logistics industries.
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.
Republic shareholders cheer plans to shed Frontier
A $120 million restructuring that included job cuts and cost reductions has returned Frontier Airlines to profit, allowing Republic to move ahead with the separation.
Warehouse company expands in Franklin
A refrigerated warehouse company plans to expand its facility in Franklin, investing $26 million and creating as many as 50 jobs by 2014.
IndyGo ridership way up during Super Bowl festivities
Passenger traffic on IndyGo buses rose nearly 40 percent during a 10-day span leading up to game, thanks to free rides on fixed routes during four of the days.
Greenwood entices e-commerce company to stay
The Greenwood Redevelopment Commission on Tuesday evening approved an incentives agreement with One Click Ventures LLC, which plans to hire 109 people over the next five years.
Local trucking company shut down for safety violations
Indianapolis-based trucking firm U & D Service Inc. was ordered to cease operations by federal authorities after being declared an “imminent hazard” to public safety.
Local air-freight operator fined $1M for security violation
OHL Solutions Inc. will pay a $1 million fine for shirking its duty to screen for explosives cargo bound for passenger planes at Indianapolis International Airport, U.S. Attorney Joe Hogsett announced Wednesday morning.
Republic Airlines unit Frontier wants to look more like Spirit
The chief executive at Indianapolis-based Republic Airways Holdings Inc. says he's trying to make the airline's money-losing Frontier Airlines unit more like lower-cost rivals Spirit Airlines and Allegiant Travel Co.
Republic says potential buyers have surfaced for Frontier Air
Republic Airways Holdings Inc. has heard from potential buyers for Frontier Airlines and is close to naming an adviser on whether the unit will be sold or spun off to shareholders, CEO Bryan Bedford said.
Fans encountering smooth departures at airport
The most congested area of Indianapolis International Airport Monday morning may have been the Lids souvenir stand at the center of the food court.
Distribution plan keeps provisions plentiful despite crowds
Downtown's Super Bowl revelry still is going strong thanks in large part to a special distribution strategy that includes extra routes, earlier deliveries and an ample supply of food and booze to replenish local establishments. (with video)