The Interview Issue: Jim Hallett
Hallett rocketed from a modest childhood to lead one of Indiana’s largest companies.
Distribution & Logistics
Articles
Trucking companies raise wages as driver shortage grows
Average driver wages may rise as much as 6 percent in 2014, said Kenny Vieth, president of Columbus, Indiana-based Americas Commercial Transportation Research Co.
Indiana Toll Road operator set for short bankruptcy
The operator of the Indiana Toll Road, which paid $3.8 billion for a 75-year operating lease, won approval Tuesday of a schedule paving the way to exit bankruptcy court protection in just more than a month.
Local money manager settles proxy fight, wins board seat
Carmel investment firm JWEST LLC ended up with one board seat, rather than the two it sought, but also got Rand Logistics to agree to a range of governance reforms.
New Indiana Toll Road operator due amid bankruptcy
The debt-ridden private company running the Indiana Toll Road intends to transfer its operations to a new entity under a bankruptcy filing planned for Monday.
Second solar farm slated for Indy airport
Airport officials have agreed to lease about 76 acres of land at the airport to the same private developers who created the current, 44,000-panel field by the Interstate 70 exit.
30 counties to be reimbursed for snow storm costs
Currently, $1.13 million has been processed for reimbursement, and more federal money will be distributed as applications are processed.
Anderson bridge replacement denied federal money
Local officials say they're moving ahead with plans to replace a main bridge over the White River into downtown Anderson despite the $15 million project being rejected for a federal grant.
New warehouses in Indianapolis area cater to consumers
Several sprawling distribution centers have been built, or are under construction, to ship directly to consumers.
Indiana asks tollway firm to prove financial stability
The state agency that oversees the Indiana Toll Road has given the highway's debt-saddled private operator until late November to prove that it's meeting its debt obligations.
FedEx to add 50,000 seasonal jobs as online demand rises
Rival UPS says it will hire up to 95,000 seasonal workers. Both companies are benefiting from growth in online shopping.
Republic Airways makes $2.1B order for 50 jets
Indianapolis-based Republic will take 50 of Embraer’s current-version E175 aircraft and fly them for United Airlines under the United Express brand, the companies said Wednesday.
Caterpillar chief: Indiana growing more competitive
CEO Doug Oberhelman said Tuesday that government overhauls and an aggressive economic development policy have made the state among the most attractive for investment.
Local mayors tout plan for Red Line transit route
The mayors of Indianapolis, Carmel, Westfield and Greenwood on Tuesday announced a potential plan and a timetable for The Red Line, a proposed rapid-transit all-electric bus route that would stretch 28 miles from Hamilton County to Johnson County.
UPDATE: Indiana rail upgrade decision expected this fall
The proposal from Louisville & Indiana Railroad and CSX Transportation would allow the line between Indianapolis and Louisville to handle larger and faster trains.
Renault teams with Bollore to promote electric cars
Renault SA is teaming up with French billionaire Vincent Bollore to make electric cars as the two struggle to establish a market for the emission-free vehicles, including one in Indianapolis.
Court order keeps suspension of vanity plate sales
The Indiana Supreme Court says the Bureau of Motor Vehicles can continue suspending sales of vanity plates until a court case is settled.
Beer distributor Monarch stepping up booze push
In a campaign to enter the hard liquor business, Monarch Beverage Co. is pursuing a new tactic that takes aim at state regulators. Indiana’s largest beer distributor has accused the Alcohol and Tobacco Commission of letting politics influence its decisions.
Ohio/Indiana center forms partnership on drones
A joint venture between Ohio and Indiana aimed at advancing drone operations for businesses and government has formalized its partnership with a southwestern Ohio city and airport.
RV industry leaders say rebound picking up speed
Key manufacturers and suppliers have announced recent expansions, the stock market is at an all-time high, and consumers are more confident in the future, industry leaders say.