Celadon reports lower profit, higher revenue
Indianapolis trucking firm Celadon Group Inc. saw revenue rise to $127.2 million in its fiscal second quarter, although profit
fell to $1 million.
Transportation
Articles
Greenwood mayor pushes for I-65 interchange
Greenwood Mayor Charles Henderson says his city is willing to pay up to $8 million toward construction of a new Interstate
65 interchange in order to speed up the project.
Pickens’ natural-gas plan may prove boon to truck builders
Converting the U.S. trucking industry to natural gas will benefit manufacturers including Columbus-based Cummins Inc., T. Boone Pickens says.
Minority-owned logistics firm lands high-profile investors
Wireless phone distributor Brightpoint Inc. is among the backers of a new logistics company that says it might employ 250 by 2012.
Grocery distributor buys convenience store supplier
An Indianapolis-based grocery wholesaler has purchased the assets of a convenience store supplier in Danville, enabling it
to expand its number of customers to 800 in five states.
Pioneering automobile dealer Lockhart dies
Freda Lockhart was the first woman to open dealerships for Cadillac and Saturn automobiles.
Airport expert to bring ‘Aerotropolis’ concept to Indianapolis
Idea for old terminal calls for more deliberative planning of development in and around Indianapolis International to make
airport more of an economic development hub.
Conexus gets $3.45 million from Lilly Endowment
Lilly Endowment Inc. is continuing to support the state’s advanced-manufacturing initiative, giving Conexus Indiana a grant to help connect potential workers with the necessary training.
Bird strikes frequent at Indianapolis airport
Bird strikes remain a threat—statistically more so than a Nigerian terrorist with a bomb in his BVDs—at Indianapolis International Airport. There were 37 bird strikes reported at the airport in 2009, five involving damage or temporary grounding of an aircraft.
Auto, battery jobs hinge on landing federal energy loans
Indiana’s future as a hub for making electric and hybrid vehicles hinges on a single government loan program.
Republic Airways moving all execs to Indianapolis
Republic, which bought Frontier Airlines and Midwest Airlines last year, says it will move all of its executives to its headquarters
in Indianapolis.
Cummins gets $54M to improve fuel efficiency
Columbus engine
maker Cummins Inc. will receive nearly $54M in federal funding as part of a program designed to significantly
increase fuel efficiency in heavy trucks and passenger vehicles, U.S. Energy Secretary Steven Chu announced Monday.
Casino exec: Bridge closure costs jobs, state taxes
Officials say closing a key Lake County bridge serving casinos, a steel mill and other businesses is costing the state tax
revenues amid other financial losses.
Indianapolis airport closing off some parking
The top level of the parking garage at Indianapolis International Airport is being closed in a money-saving effort. Officials
also will block off some little-used areas of surface parking lots, saying that the decline in air traffic during the recession
has reduced the need for parking spaces at the new passenger terminal that opened in late 2008
Skillman grows with Reeves acquisition
Ray Skillman’s purchase of Reeves Buick Pontiac means more shuffling of area dealerships.
Indiana on pace for fewest traffic deaths since 1920s
Preliminary figures through Monday show 680 traffic fatalities. That’s the lowest number since the 670 recorded in 1925.
NEWSMAKER: Republic’s Bedford keeps low profile, makes big impact
For the head of an 11,000-employee company, Bryan Bedford has all the profile around these parts as a participant in the
federal witness protection program.
Republic flies boldly into branded-carrier business
After 36 years of flying smaller planes painted in the colors of the major airlines for which it flies under contract,
Republic Airways Holdings in 2009 became a branded airline operator of its own.
NEWSMAKER: Clark lands jobs as airport CEO
The Indianapolis
Airport Authority hired John D. Clark III as CEO, luring him away from Jacksonville Florida.
Indy airport expects less travel than last year
The Indianapolis International Airport is expecting to be busy this week and next despite an average 8 to 10 percent decline
compared to the same period last year.