Celadon Group makes fourth divestiture in past month
The Indianapolis-based trucking company announced Friday that it has sold its intermodal operations to Winnipeg, Manitoba-based Bison Transport.
The Indianapolis-based trucking company announced Friday that it has sold its intermodal operations to Winnipeg, Manitoba-based Bison Transport.
The Memphis, Tennessee-based company did not say how many positions it wants to eliminate or from what locations. But its Indianapolis International Airport hub is part of the Express division that will be targeted for the buyouts.
CEO Paul Svindland is recovering at home following surgery last week to remove a benign brain tumor, the Indianapolis-based trucking company said Tuesday.
The recommendation could raise costs for Amazon and other major businesses that are currently using the Postal Service to supplement their delivery operations.
Jeff Bezos boldly predicted five years ago that drones would be carrying Amazon packages to people's doorsteps by now. Amazon customers are still waiting.
Indiana currently operates Ohio River ports in Jeffersonville and Mount Vernon, and a Lake Michigan port at Burns Harbor.
The upgrade and expansion of the giant shipper’s 320-acre, 2.5 million-square-foot complex is driven by the need to keep pace with steady growth in e-commerce activity.
The company said Wednesday that some adjustments are being made this week, and workers who already made $15 an hour will get more than the $1-an-hour raise promised last week.
A proposed fee increase on heavy-duty commercial vehicles that use the Indiana Toll Road was negotiated without legislative involvement and with considerable secrecy, according to some Indiana lawmakers.
With its new program rolling out Thursday, contractors around the country can launch independent businesses that deliver Amazon packages.
As it continues to investigate a salmonella outbreak linked to pre-cut melons from an Indianapolis-based fruit distributor, the U.S. Food and Drug Administration has added 15 states to the list of potentially affected states.
Blockchain is complicated, but at its roots, it’s simply a way to perform secure transactions.
About 2,400 independent drivers for Indianapolis-based Celadon Trucking Services Inc. are seeing the results of a class-action judgment that found the drivers were overcharged for their fuel purchases.
Kroger Co. and United Kingdom-based online grocer Ocado Group are working on identifying sites for three automated distribution centers in the United States this year and may open as many as 20 within three years.
Both couriers now have entered the holiday season’s returns cycle, which also promises to be busy.
Kinetrex Energy, which distributes liquid natural gas, has roughly doubled its workforce to 40 people. and pushed from its core market—trucking companies—into agriculture, power generation, asphalt production and other sectors.
Jim Bopp filed the suit on behalf of a trucking trade group and claimed Indiana lacks the authority to collect $100 million annually in fees from nearly 400,000 truckers.
The extension gives Celadon until May 2 to file several delinquent quarterly and annual financial reports with the Securities and Exchange Commission.
Widespread fears about automation and job loss are often misplaced. Automation has actually helped create jobs in e-commerce, rather than eliminate them, and stands to create more in the years ahead.
The move comes as the Indianapolis-based trucking company works through financial, accounting and operational issues.