Truck maintenance firm gears up for growth with new investment
A private equity firm has purchased a stake in a local family-owned company with operations across the country as its two founders retire and the next generation takes the helm.
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United changes policy on displacing seated passengers
The change comes after a passenger, Dr. David Dao, was dragged from a fully-booked United Express flight in Chicago because he refused to give up his seat to make room for crew members
Carmel proposes $13.4 million ‘road diet’ for Rangeline Road
The project will eliminate three of the five existing travel lanes from 116th Street to Main Street, add roundabouts at intersections, install a landscape median through the corridor and put multipurpose paths on both sides of the road.
Ben & Ari’s closes in Fishers after 18 years in business
The owners of the popular miniature golf course, arcade and party-hosting facility have sold the property along busy State Road 37 to a buyer who plans to open a used-car business.
Cummins, Eaton planning $1.2 billion joint venture
Each company is expected to have equal ownership of the joint venture, which will focus on medium- and heavy-duty automated transmissions.
Bill that once targeted Tesla approved by Indiana Senate
A bill that would prevent Hoosiers from buying cars directly from auto manufacturers passed the Indiana Senate on Thursday with no changes. The bill was amended earlier this session to eliminate Tesla Motors from the ban.
Experts see cargo biz increasing at Indy airport
That’s important for Indianapolis International, where cargo represents a significant portion of landing weight. And landing fees that airports charge carriers are weight-based.
Indiana Senate votes to approve infrastructure funding plan
The measure likely will head next to a conference committee where differences with a House version can be ironed out.
UPS adding Saturday delivery as online shopping drives demand
United Parcel Service Inc. is making one of the biggest shipping-time changes in its 109-year history. Saturday deliveries will begin next month in 15 metropolitan areas, including Indianapolis.
Proposed exits on I-69 route suggest opportunities—and headaches
The Indiana Department of Transportation this month released plans detailing the location of interchanges along the final leg of Interstate 69, information that’s expected to spark investment.
Alaska Airlines losing its Virgin America brand
Alaska announced late Wednesday that it will retire the Virgin brand, probably in 2019, adding that name to a list of airline brands including Continental and US Airways that disappeared in the past decade.
Nickel Plate rail corridor’s future sparks debate in Fishers, Noblesville
Train, trail or both? That’s the debate in Hamilton County involving officials from Fishers and Noblesville and the Indiana Transportation Museum.
Amazon struggles to find strategy that works in $800B grocery market
Despite several attempts to break into industry over almost a decade, the company has struggled to entice shoppers en masse to buy eggs, steaks and berries online the same way they’ve flocked to buy books, tablets and toys.
Airport enters development agreement with Holladay Properties
Holladay Properties is expected to find development opportunities for 266 acres of unused airport land just south of West Washington Street.
Trump calls for privatizing air traffic control operations
The proposal says spinning off air traffic operations from the Federal Aviation Administration and placing them under an “independent, non-governmental organization” would make the system “more efficient and innovative while maintaining safety.”
Trump’s budget proposal puts Red Line grant funding in doubt
President Trump’s federal budget plan, released Thursday, proposes cuts to the Federal Transit Administration program that would fund the $75 million Red Line grant.
Spot Freight expands downtown headquarters, plans to hire 257
Founded in 2009, Spot Freight Inc. has been one of the area’s fastest-growing companies over the past several years.
Trump announces challenge to Obama-era fuel standards
The Alliance of Automobile Manufacturers—which represents a dozen major car manufacturers including General Motors, Ford, Fiat Chrysler and Toyota—praised Trump’s action.
Road-funding plan faces pushback over tax hikes in Senate hearing
Most lawmakers agree that the state needs to spend more money on its aging infrastructure, but the specifics of the plan are up for debate.
Gordmans closure to end 139 jobs at Indy-area distribution center
The century-old discount department store chain, which has a store in Avon, said it planned to permanently close a distribution center southwest of Indianapolis on May 12.