IndyGo OK so far with electric buses, despite Albuquerque woes
IndyGo and bus maker BYD Ltd. say they’re confident the electric buses Indianapolis plans to use for the Red Line will meet the system’s needs.
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IndyGo, planning on electric buses for Red Line, skeptical of Albuquerque’s reported woes
The city of Albuquerque, New Mexico, says it has discovered serious structural and safety problems with the same model of electric bus IndyGo plans to use for the Red Line.
IBJ Podcast: Rethinking downtown Indy’s interstate highway system
Podcast host Mason King talks with Rethink 65/70 member Paul Knapp, the CEO of Young & Laramore, about the group’s plan to put parts of the highway below grade. Then he talks with INDOT spokesman Scott Manning and HNTB’s Kia Gillette about whether the state will consider Rethink’s ideas.
Rethink 65/70 group to pitch below-ground downtown interstate plan
The group says its alternative vision for the north-split project includes building below-grade highways, reducing the amount of land currently used for public rights of way and freeing dozens of acres for development.
Indiana extends option for possible third Ohio River port
Indiana currently operates Ohio River ports in Jeffersonville and Mount Vernon, and a Lake Michigan port at Burns Harbor.
Fast-growing logistics-software startup plans to hire 90
FreightRover—which began as part of the Indianapolis trucking company Celadon Group—sells software that helps clients optimize freight flow and streamline carrier payments for shippers, carriers and drivers.
Latest segment of I-69 extension ready for 70 mph
There's 's a 55 mph speed limit for nearly 8 miles through Bloomington before the northbound speed limit increases to 70 mph for more than 13 miles.
Developer pulls trigger on $50M logistics project near I-65
The new owner of the site is bullish enough on the Indianapolis market to start development of the 1 million-square-foot building without having a user signed for the space.
KAR Auction CEO is taking on Indy’s mobility problem
Although Jim Hallett runs a business that sold 5.5 million used vehicles in 120 countries last year, he also knows firsthand what life is like without a car.
Recycling company plans $6.5M warehouse redevelopment in Irvington
A Quincy, Illinois-based company has acquired a warehouse on the east side of Indianapolis and plans to transform it into an 81,000-square-foot recycling facility.
Airport board approves $21.4M land sale for Infosys campus
The airport will sell 132 acres to the city of Indianapolis in phases over the next several years. In turn, the city will sell the property to Infosys for pennies so it can create a $245 million training campus.
FedEx’s $1.5B investment in Indy will expand capacity, add jobs, strengthen airport finances
The upgrade and expansion of the giant shipper’s 320-acre, 2.5 million-square-foot complex is driven by the need to keep pace with steady growth in e-commerce activity.
Indianapolis Airport Authority gets $20 million for projects
The authority said it's the biggest total of grants that it's received, topping $18 million in 2017.
Lime, Bird seeking to capitalize on scooter-mania, sources say
Both Bird and Lime, which have entered dozens of markets this year, including Indianapolis, are seeking hundreds of millions of dollars in new capital, according to sources.
Celadon investors agree to settle class-action suit for $5.5M
The settlement, which is awaiting court approval, would resolve suits brought by several parties over financial-reporting issues that have plagued Celadon for at least four years. The plaintiffs expressed concern that the company would go bankrupt before any recovery could be made.
Rethink 65/70 coalition not fully satisfied with state’s latest rebuild plan
The group says the revised plan for the north-split interchange falls short on increasing connectivity between neighborhoods separated by the interstates, and boosting economic development opportunities.
After backlash, Amazon to boost pay for longtime workers
The company said Wednesday that some adjustments are being made this week, and workers who already made $15 an hour will get more than the $1-an-hour raise promised last week.
Postal Service proposes sizable increase to first-class stamp
If approved by regulators, the increase to the cost of mailing a 1-ounce letter would be the biggest since 1991.
Amazon signs lease for Greenwood project that’s expected to create 1,250 jobs
The e-commerce giant plans to occupy a 615,440-square-foot building on a 75-acre site along Allen Road near Interstate 65.
In boon for farmers, Trump lifting restrictions on ethanol
A senior administration official said Monday that the EPA will publish a rule in coming days to allow high-ethanol blends as part of a package of proposed changes to the ethanol mandate.