Cincinnati-based Uptown Commercial Partners plans to invest nearly $29 million to build the facility on a 40-acre site just east of the Graham and Whiteland roads intersection, and west of Interstate 65.
The crossing normally carries 25% of all trade between the two countries, and the blockade on the Canadian side had disrupted business in both countries, with automakers forced to shut down several assembly plants.
The blocked bridge carries 25% of all trade between the two countries, and Canadian authorities expressed increasing worry about the economic effects.
A four-week fraud trial is scheduled to begin Feb. 22 for Celadon’s former president and chief operating officer, Eric Meek, 41, and its former chief financial officer, Bobby Peavler, 42.
New York City-based Hachette Book Group said the 164,000-square-foot expansion will result in the hiring of additional staff.
Amazon plans to add hundreds of jobs at the facility, including receiving, sorting and shipping, and network logistics support.
The shortages are widespread, impacting produce and meat as well as packaged goods such as cereal. And they’re being reported nationwide.
From automobiles to canned goods, certain items have been in short supply, and for a variety of reasons.
Despite the positive news, public opinion polling shows that many Americans lack confidence in the country’s economic recovery.
Grocery chain Kroger this month opened an east-side fulfillment center to facilitate home delivery in Indianapolis and Richmond.
Extreme weather and supply chain disruptions have reduced supplies of both real and artificial trees this season.
In a survey of business conditions, the Fed’s 12 regional banks found that the economy continued to grow at a modest-to-moderate pace. But because of supply chain problems, price increases were reported to be widespread across the economy.
Nearly 3.4 billion parcels are expected to crisscross the country this holiday season, representing an estimated increase of about 400 million compared with last year.
But the pure randomness of shipping problems and the unpredictability of consumer demand make it difficult to predict exactly what will be in short supply.
U.S. Postal Service officials say they have the staffing and resources to handle the coming onslaught of holiday packages, and avoid a repeat of the disastrous 2020 season that brought mail delivery to a crawl.
The biggest problem is that Ikea’s growth is being crimped because the company can’t meet demand, its CFO said Wednesday.
Both carmakers said they had moved past the worst of the availability issues that have snarled production lines globally. Their views contrasted with those of Samsung Electronics.
Because of bottlenecks in the global supply chain, many stores like Pigg’s are scrambling to try to get all the inventory they can ahead of the crucial holiday shopping season.
Indianapolis-based Langham Logistics said the facility will be dedicated to pharmaceutical, vaccine and biologics manufacturing and distribution clients.
More than a year and a half after the coronavirus pandemic upended daily life, the supply of basic goods at U.S. grocery stores and restaurants is once again falling victim to intermittent shortages and delays.
