Amazon’s latest milestone: 150 million Prime members
The staggering number of Prime members is sure to spook other retailers. Analysts have said Prime subscribers typically spend more of their money at Amazon than other places.
Distribution & Logistics
Articles
CEO leaving bankrupt Celadon for new logistics job
Celadon CEO Paul Svindland, who joined the company in 2017 and tried to turn around the troubled trucking company, is departing for a CEO job at another logistics company.
Bankrupt Celadon plans to sell 102-acre campus
Most of Celadon’s real estate holdings in Indianapolis are on the east side, where available industrial land is in short supply. So, observers say, the anticipated divestiture should attract plenty of attention.
As robots take over warehousing, workers pushed to adapt
While fears that robots will replace human workers haven’t come to fruition, there are growing concerns that keeping up with the pace of the latest artificial intelligence technology is taking a toll on human workers’ health, safety and morale.
BEHIND THE NEWS: A flawed culture poisoned Celadon
Critics of Celadon management say a deep-seated, clubby culture helped propel the Indianapolis-based trucking giant toward financial ruin.
Celadon shutdown to create shipping headaches for Fortune 500 firms
The company moved goods for many well-known companies, including Alcoa, General Electric, John Deere, Philip Morris, Procter & Gamble, Target and Walmart.
UPDATE: Celadon ceasing operations, eliminating nearly 4,000 jobs
CEO Paul Svindland said challenges in the trucking industry, along with fallout from what prosecutors allege was a massive accounting fraud engineered by prior management, proved impossible to overcome.
Trucking giant Celadon preparing to file bankruptcy
The Indianapolis-based company lost its way after founder Stephen Russell gave up the CEO’s role in 2012, and three of its former executives now are facing fraud charges.
Battery maker Energizer planning 440 jobs at Johnson County facility
Energizer Manufacturing Inc. is seeking tax breaks from the city of Franklin in return for opening a $62.7 million packaging and distribution center in Franklin Tech Park, just east of Interstate 65 and south of State Road 44.
In first major project since Waterside exit, Ambrose plans logistics center campus in Mount Comfort
The Indianapolis-based firm on Tuesday broke ground on a $78 million, 508,104-square-foot building—the first of four planned structures as it shifts focus to industrial development.
Local industrial sector ‘healthier than it’s ever been,’ expert says
The red-hot Indianapolis industrial real estate sector is nearing all-time records in vacancy, construction and absorption, newly-released market reports obtained by IBJ show.
Employers say they’re up for challenge of hiring seasonal help
With the unemployment rate at 3.2% and competition growing as multiple companies ramp up hiring, finding seasonal employees will be tough.
Freshly made food is big. What could go wrong? Everything.
Grocery distributor SpartanNash is shutting down Fresh Kitchen, a prepared-meals division of Indianapolis-based Caito Foods Service that once held great promise.
Tech distribution giant Ingram Micro opens Plainfield facility, plans 151 jobs
The facility will offer a range of technology disposition services, including data erasure and drive destruction, processing, remarketing and recycling.
Surgical transplant firm sets up logistics center in Plainfield, plans to hire 127
The Virginia-based firm said Tuesday it has invested $18 million to set up a 70,000-square-foot biologics logistics center near the Indianapolis International Airport. It is currently hiring managers and technicians.
New Jersey firm buys massive Amazon facility in Greenwood for $81.5M
Holmdel, New Jersey-based Monmouth Real Estate Investment Corp. bought the 615,747-square-foot building at 1151 S. Graham Road from local firm Scannell Properties earlier this month.
GFS plans $160M local distribution facility, hundreds of jobs
Gordon Food Service plans to hire and train more than 200 workers for the distribution center at hourly wages of $20 to $25 an hour before the facility opens in late 2021. Longer term, employment at the facility is expected to be much greater.
Penske Logistics agrees to offer jobs to 99 women as part of discrimination settlement
The company says it did nothing wrong but decided to settle the case, which involved allegations of discrimination against female applicants at its Shelbyville warehouse.
Pace planning 200-acre life-science business park by airport
The owner of Pace Air Freight, which specializes in truck transport of pharmaceutical products, is in the process of assembling land it doesn’t already own, including parcels owned by Indianapolis International Airport.
Looking to hire 30,000, Amazon plans nationwide job fairs
Amazon is looking for all kinds of workers, from software engineers to warehouse staff. The hiring spree is not related to the usual increase in hiring it does to prepare for the busy holiday shopping season.