The Indianapolis-based trucking company saw profit rise to $400,000 in its third quarter from a $2.1 million loss in the same
period
last year.
Celadon CEO Stephen Russell faced a treacherous patch of highway when fuel prices spiked and the recession drove the
trucking industry into an economic Death Valley. In IBJ's new video feature on leadership issues, Russell explains
how advice from his dentist helped pave the way to recovery.
Retailers restocking lean inventories and more online purchases could be driving cargo uptick.
For years, ethanol fuel derived from corn was almost politically untouchable, thanks to powerful advocates on Capitol Hill.
The ethanol industry has consequently exploded over the last decade, thanks to government subsidies and incentives. But skepticism
about ethanol is rising, prompted by fluctuating food prices and an organized campaign by anti-ethanol advocates to discredit
the industry.
The city’s Department of Public Works plans a record $88 million in transportation improvements, including road, bridge
and sidewalk projects.
Indianapolis-based Republic Airways Holdings Inc., owns both Midwest Airlines and Frontier Airlines, says it will begin using
the Frontier name for the operations of both carriers.
John Clark took trips to Malayasia, England and the Super Bowl during his first year as CEO of the Indianapolis Airport Authority.
Passengers reported fewer complaints in 2009 even while cash-strapped airlines reduced flight schedules and charged for everything
from bags and pillows to prime spots in boarding lines.
The federal agency says Frontier Airlines used the wrong sign to guide passengers toward one of the emergency exits on its
planes.
The Indianapolis Airport Authority board had heard the allegations that John Clark, their star candidate for airport CEO,
spent big on world travel while chief of the Jacksonville Aviation Authority. Now, the Florida state attorney is collecting
travel records there and information from Indianapolis about trips Clark made here for job interviews.
The partnership called Hoosier Ride is helped by a $2 million federal grant and will operate at least one trip daily in each
direction using Miller charters along four routes running between Indianapolis and Evansville, Muncie, Seymour and Kalamazoo,
Mich.
So far, in discussing his plan to sell the city’s water and sewer utilities, Mayor Greg Ballard has
emphasized the impact on utility rates, the $1.5 billion in city debt Citizens would assume, and the chance
to improve streets and sidewalks. But Ballard also has another key objective: business attraction and
expansion.
Indiana University has made space for four cars owned by Cambridge, Mass.–based Zipcar, which operates a car-sharing
service in 150 cities, mostly on college campuses.
Jacksonville Airport Authority spokesman Michael Stewart confirmed Thursday that investigators subpoenaed calendars, time
sheets and leave records for former airport chief John D. Clark III.
John D. Clark, the man nominated to be CEO of the Indianapolis Airport Authority, has been a polarizing figure in Jacksonville,
where he’s been CEO of the Florida city’s aviation authority since 2001.
The town has agreed to create a tax-increment financing district to help fund infrastructure improvements for Butler Automotive
Group’s proposed development.
The two-year study by the Conexus Indiana Logistics Council Executive Committee involved 36 logistics executives statewide.
The Indianapolis Airport Authority is poised to pull out all the stops to maximize revenue in the face of declining travel.
Possibilities include hosting a farmer’s market atop the airport parking garage and opening secure areas to shoppers who aren’t
flying anywhere.
J. Smoke Wallin launches Pelican Brands LLP to help booze companies market and distribute their products after his attempts
to acquire underperforming brands fizzled due to the credit crunch.
Kenneth Core, who referred to himself in letters and electronic correspondence as Celadon Group’s general counsel, cannot practice law in Indiana until he receives a state law license, the Indiana Supreme Court said.
