Eastside trail work to begin
Work is to begin this month on a 1.2-mile segment of the Pennsy Trail between Arlington Avenue and Shortridge Road.
Distribution & Logistics
Articles
Airport terminal dedicated to World War I flying ace Harvey Weir Cook
Descendants of World War I flying ace Harvey Weir Cook celebrated the Veterans Day dedication of a new passenger terminal
bearing his name, a belated consolation for the removal of his name from Indianapolis International Airport that he helped develop more than 60 years
ago.
Dreyer & Reinbold adds Maserati luxury line
In the midst of one of the worst financial markets in decades, Dennis Reinbold has launched Maserati of Indianapolis at his
Dreyer & Reinbold BMW Infiniti-Mini complex on the north side.
Brainard defends Keystone project
Carmel Mayor James Brainard is trying to convince his city to pay up to $52 million more than the original amount allocated
for a roundabout interchange project designed to ease congestion on Keystone Avenue.
Indy Park Ride & Fly offers amenities to biz travelers
Hendricks County approved the zoning for a $9 million, 2,312-space parking lot for the Indianapolis International Airport
earlier this year. Indy Park & Ride offers extra services to travelers.
Some tarmac task force members dissatisfied with airline guidelines
A federal task force approved voluntary guidelines Nov. 12 for airlines and airports dealing with passengers stranded for
hours on the tarmac, but it produced no fixed limit on how long they can be delayed before being allowed to leave planes.
Langham lands airport deal
An arm of locally based Langham Logistics has won a 40-month, $3.28 million contract to provide logistics services at the
new Indianapolis International Airport terminal.
Airport terminal to rent out space, keep many employees in old facility
The new, $1.1 billion terminal at Indianapolis International Airport likely won’t house as many airport employees as the existing
facility. Instead, portions of the terminal are being set aside for their revenue-generating potential.
Baker and Daniels creates logistics practice with 20 plus attorneys
Indianapolis law firm Baker & Daniels LLP has formed an advanced manufacturing and logistics practice to be headed by
partner James S. Birge.
Let’s use old terminal for distribution hub
The city should organize a public-private partnership to create a multi-modal distribution community at the site of the former
Indianapolis Airport terminal.
Indianapolis Airport opening good news for local PR, hospitality firms
In the last two months, the Indianapolis Airport Authority board has approved spending at least $850,000 toward grand-opening
parties for the new airport terminal and events in the form of contracts with caterers, event planners and public relations
firms.
Heritage CEO to chair transportation association
Charles F. Potts, the CEO of Indianapolis-based Heritage Construction, will serve as 2009 chairman of the American Road &
Transportation Builders Association.
Leaders analyze Denver’s commuter transit
Sixty Indianapolis-area business and civic leaders visited Denver Oct. 19-21 as
part of the Greater Indianapolis Chamber of Commerce 2008 Leadership Exchange and paid close attention to public transportation, especially commuter trains.
Hawker Beechcraft Corp. at work on $14 million expansion of its airport terminal facility
Hawker Beechcraft Corp. has begun work on a $14 million expansion of its terminal and aircraft service facility at Indianapolis
International Airport.
New rail route connects Hendricks to West Coast: Line should bolster county’s distribution industry
A new rail route launched last month between Los Angeles and CSX’s Avon rail yard could give a further boost to Hendricks County’s booming warehousing-and-distribution industry. The county already hosts some 29 million square feet of warehouse space. However, it lacked a direct connection to the teeming Port of Long Beach in Los Angeles, a major gateway for U.S./ Asian trade. Anyone in the Hendricks County area wishing to send or receive goods from that port by rail had to…
ECONOMIC ANALYSIS: What Halloween can teach us about economics
The week of Halloween at the Hicks household is also the week we learn about taxes. It is a natural combination-they are both kind of scary and involve giving up something you’ve worked for to someone else. Having three kids of different ages and interests is especially instructive. My fourth-grader is all about the experience of trick or treating with friends. She is likely to savor every minute chatting, holding hands and skipping along. She is not trying to maximize…
Flat passenger counts not seen as threat to paying debt on midfield terminal
The big debt payments on the $1.1 billion midfield terminal at Indianapolis International Airport start coming due in January–just
as a recession hits and the battered airline industry cuts capacity. Despite the likely prospect of fewer passengers than
projected in the next year or two, airport managers say they don’t anticipate problems shouldering the roughly $40 million
a year in debt burden over the next 30 years for the new facility.
Ousted mayor guides local up-and-comers: Peterson named moderator for prestigious group
Voters decided last Election Day that they’d had enough of Bart Peterson, but the former mayor is in demand with academics, a think tank, and now the city’s premier leadership network. Peterson is moderator of the Stanley K. Lacy Executive Leadership Series, which introduces “emerging leaders” to Indianapolis and its problems. “It’s something I never went through as a class member. I’ve always envied those who did,” Peterson said of the series, which accepts just 25 applicants each year. “It’s…
ECONOMIC ANALYSIS: We shouldn’t let market mayhem obscure progress
Amid all this joyless market watching, this much is clear: The financial markets and the economy are going to get worse before they get better. But market watching is never a healthy sport, especially since it tends to make us lose track of the real economy at times like these. Over the past couple of weeks, the real economy has shown a bit of resilience. And here in Indiana, really great news has been lost in the wake of the…
Commentary: Turmoil raises questions about toll road
On Aug. 28, the investment bank UBS downgraded its rating on the Australian investment bank, Macquarie Group. UBS noted that Macquarie faced the threat of a declining asset base, which it leverages to fund Macquarie’s dividend payments. UBS also posited that Macquarie may be inadequately capitalized. Macquarie Group should be familiar to Hoosiers as one of the two entities that leased the Indiana Toll Road in April 2006 for 75 years. To lease the toll road, Macquarie invested $385 million…