The company, which makes stainless steel boat propellers for Yamaha’s outboard engines, invested $20 million to add 110,000 square feet to the facility.
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The 300,000-square-foot facility will receive and distribute primarily corn and soybean seeds that will eventually end up on Indiana and Ohio farms.
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The United States Postal Service could consolidate some of its Indianapolis facilities into a massive regional distribution hub opening later this year on the city’s east side, occupying land that formerly housed a Navistar plant for many decades.
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The request was made to the Postal Regulatory Commission, which must approve the proposed increase that the Postal Service contends is necessary to achieve financial stability.
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John Thompson is currently invested in a handful of companies, including Metaimpact, MakeMyMove and Scale Computing, all based in Indianapolis, and Spokenote, which is based in Fishers.
Returnless refunds are a tool that more retailers are using to keep online shoppers happy and to reduce shipping fees, processing time and other ballooning costs from returned products.
Founded in 2009, Paccurate is a parcel intelligence platform that helps businesses pack their shipments more efficiently, saving up to 15% on transportation costs and reducing their carbon footprints.
Online retail company Crecera Brands LLC stands to receive $2.3 million in state tax credits if it constructs its distribution center as planned and creates 208 jobs.
Letter carriers have been working without a new contract since their old one expired in May 2023. Since then they have continued working under the terms of the old contract.
Copeland Corp. said the move will result in the termination of 75 workers in mid-January.
Amazon expects to put 1,000 delivery vans that contain the Vision-Assisted Package Retrieval technology on the road by early next year.
The agreement affects about 45,000 striking U.S. dockworkers at 36 ports stretching from Maine to Texas that handle about half the cargo from ships coming into and out of the United States.
Some manufacturers and retailers are urging President Joe Biden to stop a strike by 45,000 dockworkers that has shut down 36 U.S. ports. Biden has said, though, that he won’t intervene.
If it goes more than a few weeks, a work stoppage would significantly snarl the nation’s supply chain, potentially leading to higher prices and delays in goods reaching households and businesses.
If roughly 45,000 U.S. longshoremen make good on their threat to strike beginning Tuesday, they could shut down 36 ports from Maine to Texas that handle about half the goods shipped into and out of the United States.
Employees will start receiving Prime, Amazon’s speedy shipping and video subscription service, as part of their compensation beginning early next year, the company said.
Importers mainly from China have used the de minimis exemption for shipments of $800 or less to flood the U.S. market.
The U.S. Postal Service said Wednesday that it is ending discounts that shipping consolidators such as UPS and DHL use to get packages to the nation’s doorsteps.
Jim Barnes and John Stitz built the Carmel-based supply-chain technology consultancy from a two-man startup to a company with $113 million in revenue and hundreds of employees. Barnes has now filed a lawsuit against Stitz.
Allowing marginally slower service to rural areas, which often drag down on-time rates, could improve the agency’s delivery metrics, experts say.
The Canadian government on Thursday forced an end to a brief rail work stoppage that threatened the North American economy, by ordering Canada’s two largest rail companies and the Teamsters into binding arbitration.
Billions of dollars of goods each month move between Canada and the U.S. via rail, according to the U.S. Department of Transportation.
The two railroads handle about 40,000 carloads of freight each day, worth about $1 billion. Shipments of fully built automobiles and auto parts, chemicals, forestry products and agricultural goods would be hit hard, especially with harvest season looming.
Koola Logistics received approval from the Indiana Economic Development Corp. for $4.25 million in conditional EDGE tax credits to expand their payroll to 250 by the end of 2026.
