Spot Freight plans to add 200 workers, expand office space
With its growing staff, Indianapolis-based logistics firm Spot Freight plans to expand into the recently-renovated Capital Center.
With its growing staff, Indianapolis-based logistics firm Spot Freight plans to expand into the recently-renovated Capital Center.
For trucking fleets—which move 70% of the U.S.’s freight tonnage—the sudden jump in prices is set to hurt smaller operators who have to cover the extra fuel cost on the spot and wait for surcharges to be reimbursed, American Trucking Association Chief Economist Bob Costello said.
The proposal released Monday by the Environmental Protection Agency would require the industry to cut nitrogen oxide emissions by up to 90% per truck over current standards by 2031.
Plans call for the $60 million Building V to be 753,000 square feet, expandable up to 1.1 million square feet. It is expected to be completed in November and suited for distribution, light manufacturing and assembly.
While DCL said it plans to grow the Utah location, the company’s headquarters will remain in Indianapolis, where it employs 160 and is expanding its workforce.
Cincinnati-based Uptown Commercial Partners plans to invest nearly $29 million to build the facility on a 40-acre site just east of the Graham and Whiteland roads intersection, and west of Interstate 65.
The crossing normally carries 25% of all trade between the two countries, and the blockade on the Canadian side had disrupted business in both countries, with automakers forced to shut down several assembly plants.
The blocked bridge carries 25% of all trade between the two countries, and Canadian authorities expressed increasing worry about the economic effects.
A four-week fraud trial is scheduled to begin Feb. 22 for Celadon’s former president and chief operating officer, Eric Meek, 41, and its former chief financial officer, Bobby Peavler, 42.
New York City-based Hachette Book Group said the 164,000-square-foot expansion will result in the hiring of additional staff.
Amazon plans to add hundreds of jobs at the facility, including receiving, sorting and shipping, and network logistics support.
The shortages are widespread, impacting produce and meat as well as packaged goods such as cereal. And they’re being reported nationwide.
From automobiles to canned goods, certain items have been in short supply, and for a variety of reasons.
Despite the positive news, public opinion polling shows that many Americans lack confidence in the country’s economic recovery.
Grocery chain Kroger this month opened an east-side fulfillment center to facilitate home delivery in Indianapolis and Richmond.
Extreme weather and supply chain disruptions have reduced supplies of both real and artificial trees this season.
In a survey of business conditions, the Fed’s 12 regional banks found that the economy continued to grow at a modest-to-moderate pace. But because of supply chain problems, price increases were reported to be widespread across the economy.
Nearly 3.4 billion parcels are expected to crisscross the country this holiday season, representing an estimated increase of about 400 million compared with last year.
But the pure randomness of shipping problems and the unpredictability of consumer demand make it difficult to predict exactly what will be in short supply.
U.S. Postal Service officials say they have the staffing and resources to handle the coming onslaught of holiday packages, and avoid a repeat of the disastrous 2020 season that brought mail delivery to a crawl.