Logistics study revisits old concerns
The two-year study by the Conexus Indiana Logistics Council Executive Committee involved 36 logistics executives statewide.
Chris O'Malley
Articles
Airport ponders radical ideas to boost revenue
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.
Sales slowdown prompts biz model change at Weblink
Software maker took abrupt turn into advertising for its customers when recession threatened.
Big guns behind Allos Ventures tech fund
The region’s blossoming technology sector is about to get another shot of financial fertilizer. The newly formed Allos
Ventures has raised $20 million from investors and plans to focus on early-stage tech companies.
Trucking firms shift gears to weather long downturn
Logistics companies have found the last few years an unparalleled challenge. If it wasn’t higher fuel prices, it was softening
business in key sectors, such as the automotive industry. Fewer goods to move created overcapacity and softened rates.
Sales slowdown prompts biz model change at Weblink
Software maker took abrupt turn into advertising for its customers when recession threatened.
Metro Airport operator seeks lease changes
Airport contractor Indianapolis Aviation seeks approval for auto-dealership group to occupy hangar at Metro Airport in Fishers.
Airport makes more executive changes
Airport’s new hires include Gov. Mitch Daniels’ chief legal counsel and a former Simon Property Group senior vice president.
FedEx closely watching key legislation
Congress may determine long-term fate of FedEx’s Indianapolis cargo hub, where about 4,500 work.
Citizens says buying water, sewer systems won’t harm bond rating
Citizens Energy Group’s plan to buy the city’s water and sewer systems will require the utility to raise $262 million in new
bond debt and inherit $1.5 billion in debt. Yet Citizens executives maintain the financial load should not impair the bond
ratings of its principal utilities, Citizens Gas and Citizens Thermal.
Official: Promised rate reduction key in $1.9B city water, sewer deal
Cost savings from combining three utilities helped give Citizens Energy Group an advantage in the deal to take over Indianapolis’
water and sewer operations, said Michael Huber, the city’s director of enterprise development.
Former Saturn franchise in Fishers enters new orbit
An All Things Automotive franchise is replacing Saturn of Fishers. The concept, aimed particularly at displaced Saturn dealers,
involves used-car sales and service bays stocked by Carquest.
Evansville firm enters local cloud-computing fray
nGenX Corp. is opening an Indianapolis office to tap into increased demand for outsourced data centers.
Children’s Museum planning $4.2 million exhibit
The Children's Museum of Indianapolis is teaming with National Geographic on a permanent exhibit, "National Geographic
Treasures of the Earth," intended to provide immersive learning in archeological excavation.
Scale Computing lands $9M from Silicon Valley venture firm
Data-storage upstart Scale Computing on Monday announced a $9 million investment from Silicon Valley venture firm Benchmark
Capital. The infusion will help kick-start a global sales expansion focused on Japan and Europe, said Scale CEO Jeff
Ready.
Rapid growth makes Aprimo candidate for another try at IPO
Robust growth at marketing software maker Aprimo is fueling speculation it is about to make another run at going public, and
co-founder Bill Godfrey said he won’t rule out the possibility of an IPO.
Timber industry seeks respect, profit from ‘green’ standards
Why should bamboo imported from Asia or steel made through intensive use of energy be consider greener than locally grown
trees? timber interests ask.
IPL retirees, union continue fight over plan funding
Retirees re-energize legal battle against IPL, seek rehearing in Court of Appeals over post-retirement funding case that could
cost utility $100 million.
Airport picks team to study re-use of land at old terminal site
The Indianapolis Airport Authority's plan for the next "30 to 50 years" starts with a team tapped Friday morning.
Five firms will study ways to use airport property, including the former passenger terminal.
Plan for optional interstate tolls may hit potholes
A proposal to add optional toll lanes to parts of Interstates 69 and 65 raises all kinds of questions, such as how to squeeze
more lanes into the crowded I-69 corridor northeast of the city. And it’s debatable whether toll lanes could make more
money than they cost to implement.