Celadon reports revenue surge in latest quarter
Celadon Group Inc. saw a 28-percent jump in revenue in its fiscal fourth quarter, the Indianapolis-based trucking company said Wednesday.
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Republic stock surges 71 percent, reversing earlier plunge
Republic Airways Holdings Inc. shares soared Wednesday morning to their biggest-ever intraday gain, clawing back from a record plunge earlier this week caused by concern that a pilot shortage will disrupt the regional flying it does for bigger U.S. carriers.
Thousands of scooters registered under new Indiana law
Thousands of motor-driven cycles, the vast majority mopeds and scooters, have been registered with the Indiana Bureau of Motor Vehicles since a new law went into effect in January.
Republic Airways shares plunge 55 percent after warning
Republic Airways Holdings Inc. stock dove Monday morning after the Indianapolis-based company slashed its profit outlook and warned of more flight interruptions from an ongoing labor dispute with pilots.
Deal crowns Klipsch ‘Cadillac’ of headphones
The Indianapolis-based manufacturer will supply Klipsch Image One headphones to be part of a rear-seat DVD entertainment system for Cadillac’s 2015 and 2016 Escalade Platinum edition.
Now departing Indy: 22 new nonstop flights
A local coalition lobbying airlines for convention-boosting service notches has a series of victories.
Runway project to close central Indiana airport for 8 days
Columbus-based Cummins Inc. plans to have its planes use Indianapolis International Airport during the eight-day $5.2 million renovation project at the Columbus Municipal Airport.
Indiana ethanol plant reopens after nearly $100M investment
Noble Americas, a U.S. subsidiary of Hong Kong-based Noble Group, bought the plant two years ago after a previous owner went bankrupt and the plant had to close.
FAST 25: enVista
Over 13 years, enVista has regularly added services to help clients reduce cost and eliminate waste from supply chains.
Amazon plans to hire 2,100 at Indiana warehouses
The company says it will bring on 1,400 new workers at central Indiana fulfillment centers in Indianapolis, Plainfield, and Whitestown, as well as an additional 700 workers at its Jeffersonville location in southern Indiana.
Teamsters sue Republic Airways over bonuses for new pilots
The Teamsters sued Republic, Shuttle America and parent Republic Airways Holdings Inc. last week in federal district court in Indianapolis. The union, which has been negotiating for a new contract since 2007, said the extra pay undercuts its bargaining position.
Indy joins regional group to fund transit route
The City-County Council voted Monday for Indianapolis to join Carmel, Westfield and Greenwood in an economic development group seeking state funding for a rapid-transit route.
Packaging company seeks tax breaks for local plant
A Louisville-based manufacturer of corrugated boxes and other packing supplies is seeking a tax abatement from the city to help it open a local plant and distribution center that would hire 60 workers over the next two years.
Hamilton County crafting tax-funded transit plan
Hamilton County leaders are getting a clearer picture of what a public transit bus system could look like and, according to a new study, the annual operating cost could range from $10 million to nearly $25 million.
Purdue set to roll out bike-sharing service
The program will offer 50 bicycles at more than a dozen stations, charging $25 per year for memberships.
U.S. probing possible airline collusion that kept fares high
A letter received by major U.S. carriers demands copies of all communications the airlines had with each other, Wall Street analysts and major shareholders about their plans for passenger-carrying capacity, or "the undesirability of your company or any other airline increasing capacity."
Indiana narrows possible routes for final I-69 segment
The Indiana Department of Transportation said Tuesday it chose five preliminary alternatives for the highway's Martinsville-to-Indianapolis segment after reviewing public input and evaluations of the 14 initial proposed routes.
Iowa Pacific rail partnership launch delayed in Indiana
The Indiana Department of Transportation has asked Amtrak to continue operating the Hoosier State Line between Indianapolis and Chicago until the state can negotiate contracts with Amtrak, Iowa Pacific Holdings and communities served by the route.
Produce distributor Caito plans $14.7M expansion, 342 jobs
Caito Foods Service Inc. is seeking tax abatements from the city to help offset the cost of building and equipping a major new distribution facility on the city’s east side.
Sysco terminates planned $3.5B takeover of US Foods
Sysco Corp. called off its planned $3.5 billion takeover of US Foods, it announced Monday, after a federal judge blocked the combination. Both companies have large distribution operations in central Indiana.