Indy Chamber joins group advocating for alternative north-split design
The chamber and other coalition members favor options for the interstate project that would be more neighborhood-friendly.
Distribution & Logistics
Articles
Airport sets annual passenger traffic record, breaking 12-year-old mark
Indianapolis International Airport officials on Friday said 8.77 million passengers used the airport last year, topping a record set in 2005. Also, the airport announced a new deal with Coca-Cola that’s expected to boost revenue.
Indianapolis among 20 finalists for new Amazon headquarters
Seattle-based Amazon solicited proposals in September for its second corporate seat, a project that’s expected to cost more than $5 billion and create 50,000 jobs.
North-split construction critics want more neighborhood-friendly plan
As INDOT moves forward with plans for a major I-65/I-70 construction project, a coalition of residents with concerns about the impact on surrounding neighborhoods is also gaining steam.
Delta adding nonstop flights from Indy to Seattle
The flights, which begin in June, will make Delta the second airline to offer nonstop service from Indianapolis to Seattle.
Busiest bus routes to get more frequent service sooner
The Indianapolis Public Transportation Corp. plans to add more night and weekend service on its two busiest routes, plus a handful of others, starting Feb. 11.
Oregon-based maker of premixed cocktails moving to Indy, creating up to 51 jobs
Blue Marble Cocktails and Spirits is spending more than $9 million to relocate its headquarters and establish manufacturing locally. It plans to create annual capacity to produce three million, 24-can cases of its cocktails, which range from Cinnamon Toast to Bloody Mary.
Allegiant adding nonstop flights to Sarasota, Charleston
The Sarasota service, which will operate year-round, begins April 11. The Charleston service, which begins April 6, will run seasonally from Easter to October or November.
Centerfield raises $310M, includes 2 local companies among investments
The local recipients are produce distributor IF&P Foods, parent of Indianapolis Fruit and Piazza Produce; and Wild Sports, which makes sports-themed tailgating games and accessories.
Logistics firm on hiring spree settles into larger downtown digs
Direct Connect Logistix has left the Stutz building for more space in the Cosmopolitan on the Canal building as part of its plan to add as many as 90 workers by the end of 2020.
Brokers, developers anticipate hale, hearty year in real estate
A sturdy office sector, hot industrial demand and some steamy retail categories are expected to boost Indy’s commercial real estate market in 2018.
UPS, FedEx handle record holiday surge with minimal delays
Both couriers now have entered the holiday season’s returns cycle, which also promises to be busy.
Celadon revises credit agreement with lenders
Indianapolis-based trucking company Celadon Group Inc. on Tuesday announced it has reached a new agreement in its ongoing effort to get its financial house in order.
From autos to universities, here’s what the tax overhaul means for most industries
Its impact will spread far and wide starting next year, highlighted by a cut in the corporate rate to 21 percent, fully allowable deductions for capital expenses and lower levies on repatriating overseas profits.
Ambulance service to close doors in Indianapolis, eliminate 82 jobs
The layoffs are expected to take place Feb. 2, according to a notice filed with state workforce development officials.
Tunnel work to close parts of Meridian, Pennsylvania streets for most of 2018
The project will close the two streets just north of Fall Creek Parkway, as part of Citizens Energy’s $2 billion project to improve waterways.
UPDATE: IndyGo board awards $46M in Red Line construction contracts
Construction is expected to begin early next year, with the route open for service in the summer of 2019.
Chicago-based chain acquires most of Butler Auto Group’s dealerships
Butler is keeping its Butler Toyota dealership, but has sold off its Kia, Hyundai, Fiat, Maserati and Alfa Romeo dealerships to a major regional chain that has rebranded the locations.
FedEx plans $385M upgrade for Indy hub, seeks $29.2M tax break
The investment in new equipment would ramp up the speed of sorting and handling at the 2.4 million-square-foot hub, as well as create about 125 full-time jobs and 450 part-time positions.
BlueIndy car-sharing program striving to be in black by 2020
The BlueIndy car-sharing program is facing a big challenge: How do you succeed when so many potential customers are unaware of, uninterested in, or even intimidated by what you’re trying to sell?