PROXY CORNER: Celadon Group Inc.
Indianapolis-based Celadon Group Inc. is a trucking company that provides long-haul, full-truckload freight service through Canada, the United States and Mexico.
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Celadon proposes merger with rival USA Truck
Indianapolis-based Celadon has become USA Truck’s seventh-largest investor with a $4.7 million purchase of shares. In a regulatory filing, the truckload carrier reported its interest in combining with its rival.
Feds won’t resolve dispute over extending I-69
Agency says state officials need the Bloomington-Monroe County Metropolitan Planning Organization’s backing to spend federal money on a section of interstate intended link with Indiana 37 near Bloomington.
U.S. OKs $196M for high-speed Chicago-Detroit rail
The U.S. Department of Transportation has approved $196.5 million for part of a high-speed Amtrak passenger rail link between Chicago and Detroit, U.S. Sens. Carl Levin and Debbie Stabenow from Michigan said Wednesday.
Busy Keystone Avenue ramps to close for construction
Two ramps at Keystone Avenue and Interstate 465 on Indianapolis’ northeast side will be closed for seven to 15 days as part of an $18.2 million project to reduce traffic congestion in the area.
LEADING QUESTIONS: LDI chairman Lacy still charging hard
What's next on Andre Lacy's bucket list after a 9,300-mile round trip via motorcycle to the Arctic Circle? Why stay active at LDI Ltd. after passing the CEO reins? As a state fair leader, how does he regard the stage-collapse tragedy? The 72-year-old dynamo has answers.
Governor: Ohio River bridge repairs to take months
Work to repair an ailing Ohio River bridge shut down between Kentucky and Indiana will cost about $20 million, and it will take about six months to fix and reopen the heavily traveled span.
Brightpoint opens logistics facility in Plainfield
The 200,000-square-foot center is Brightpoint’s third “reverse logistics” and repair facility. The others are in Puerto Rico and Fort Worth, Texas.
Republic Airways subsidiary cutting 213 jobs
Frontier Airlines, a division of Indianapolis-based Republic Airways Holdings Inc., plans to eliminate 213 jobs at Mitchell International Airport in Milwaukee, where it is also cutting flights to several cities.
Vera Bradley plans to expand distribution center
Handbag and luggage maker Vera Bradley Inc. says it plans to invest $22.5 million to nearly double the size of its Roanoke distribution center in northeastern Indiana, creating up to 124 new jobs by 2015.
Airport Authority picks local firms to develop 60-acre solar farm
The Indianapolis Airport Authority announced Tuesday that it has selected a joint venture of three locally based firms to develop a 60-acre solar farm on airport property.
Ivy Tech to open satellite campus at airport
Ivy Tech Community College will lease 19,615 square feet at the former ATA Airlines campus at Indianapolis International Airport for a logistics and business education program.
Republic Airways’ stock price continues to sag
Returning its Frontier unit to profitability is seen as a daunting task, and some industry analysts have wondered aloud if the Denver subsidiary will end up in bankruptcy again or Republic will become an acquisition target.
Local distributor HP Products acquires St. Louis company
Indianapolis-based HP Products Corp. has acquired Renard Paper Co., a 58-year-old distributor of commercial-cleaning, paper and food-service products, based in the St. Louis area.
Closed Indiana-Kentucky bridge creates rush-hour fiasco
Commuters traveling Monday between Indiana and Kentucky became mired for miles on end in unfamiliar travel patterns with few alternatives as the emergency closure of a bridge crossing the Ohio River left only two spans remaining, detouring tens of thousands.
Panel delays vote on Monroe County I-69 section
A committee of the Bloomington-Monroe County Metropolitan Planning Organization decided Friday to delay voting on the highway's hotly debated Monroe County extension until November.
Monroe County board to consider adding I-69 to plan
Opponents of Indiana's nearly $3 billion Interstate 69 extension are urging a southern Indiana planning board to keep the highway out of its transportation plan despite the state's warning that doing so could endanger federal funding for local projects.
Indiana gives grants to convert fleets to alternative fuels
The Office of Energy Development is dispensing grants of up to $500,000 to help private- and public-sector organizations convert their vehicles.
Charging stations to pave way for plug-in cars
By the end of this year, drivers of plug-in electric cars should be able to “gas up” using 76 charging stations at 38 locations statewide.
Former auction house owner Kruse released on bond
Former auction house owner Dean V. Kruse has been released on bond after surrendering to face a theft charge out of Pennsylvania alleging that he never paid a man $38,000 for selling an antique hearse.