Indy-area airports receive $12.6M for upgrades, electric buses
The Indianapolis International Airport plans to purchase six electric shuttle buses, which would constitute the largest electric fleet at any U.S. airport.
Distribution & Logistics
Articles
Indiana, Illinois still working on Illiana Expressway plans
Transportation officials in Indiana and Illinois expect to complete a revised environmental impact assessment for the proposed 47-mile Illiana Expressway between the two states this fall.
Former coal plant under review for new Ohio River port site
The site of a former coal-fired power plant in southeastern Indiana will be evaluated as a possible location for a fourth port in the state.
Paving the way for more public-private partnerships?
Neither major-party gubernatorial candidate rejects using more so-called P3s in Indiana’s future. Both think the deals have their place, but they differ on when they should be used.
Parts distributor plans to open warehouse in Brownsburg, hire 118
Avept Inc., a distributor of powersports and automotive parts, said it will spend $6.3 million to buy, renovate and equip a 100,000-square-foot building in the Hendricks County community.
Beaten-up trucking firm sees rebound on horizon
Economic conditions have meant a bumpy ride for trucking companies, but Indianapolis-based Celadon says it’s buckled in for the long haul.
Cash-short cities mull new wheel-tax option
Indiana cities with a population of at least 10,000 are now allowed to impose an excise surtax and wheel tax to fund road projects and maintenance, under legislation passed this year.
Shareholders of Republic Airways flex muscle in bankruptcy
Two hedge funds that own a quarter of the stock argue the Indianapolis-based carrier, which flies commuter routes on contract for the nation’s biggest airlines, really wasn’t insolvent when the company filed for bankruptcy—a move that gave it the leverage to negotiate much more favorable pacts with Delta, United and American. And with those deals now sealed, the outlook is even brighter.
Monarch affiliate gets OK to sell liquor after judge denies stay
The Indiana Alcohol and Tobacco Commission has granted Spirited Sales a temporary permit to sell wholesale liquor after a Marion County special judge denied the state’s request for a stay on her August ruling for the company.
New competition aims to build career interest in logistics industry
Students from 18 colleges and universities are set to participate in the first-ever Conexus Indiana Logistics Case Competition next month in Indianapolis.
Liquor distributor plans $7M renovation, 30 new jobs on south side
The parent company of National Wine & Spirits, has applied to the city for a property-tax abatement on the project that will save it an estimated $335,243 over the eight-year abatement period.
I-69 subcontractors resume work on highway project
Crews have resumed work on an Interstate 69 project between Bloomington and Martinsville after halting operations earlier this month due to lack of payment.
Council committee approves BlueIndy franchise agreement
The deal, which still needs to be approved by the full council, would give the city $45,000 per year in franchise fees.
I-69 construction woes lead to another bond downgrade
Standard & Poor’s has issued its second ratings downgrade as delays plague construction of the interstate between Bloomington and Martinsville.
Bike-share program adds two stations with room for 26 bikes
The Indiana Pacers Bikeshare system is adding two new stations next month—and it’s hoping for a much larger expansion down the road.
E-commerce firm investing $4.75M to open 75-worker Plainfield fulfillment center
VMInnovations will distribute everything from electronics to baby products from a 160,000-square-foot building it is renovating at 2812 Airwest Blvd.
FedEx planning $170 million in improvements at airport hub
According to a tax-abatement application with the city, FedEx plans to install $170 million in new package-sorting equipment, while adding 27 full-time jobs and 178 part-time jobs. It would also retain 728 full-time and about 3,200 part-time workers.
Transit referendum spawns efforts to educate, influence
Advocates and opponents of a Nov. 8 referendum that would let the City-County Council increase taxes to pay for a mass transit plan are gearing up to vie for your vote.
Both sides of liquor fight say it’s about fairness
A Marion County judge’s ruling has heated up the battle between liquor distributors and a group of beer distributors operating in the state and Indianapolis-based beer wholesaler Monarch Beverage Co.
Kohl’s buys massive Plainfield warehouse, plans 900 jobs
The retailer announced that it has acquired a 937,000-square-foot distribution center in Plainfield where it hopes to hire 900 employees by early 2020.