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.
Amazon.com Inc. is experimenting with a new delivery service intended to make more products available for free two-day delivery and relieve overcrowding in its warehouses, according to two people familiar with the plan.
The Indianapolis-based transportation company confirmed something that has been speculated for months: The trucking company is under investigation by the U.S. Securities and Exchange Commission.
Indianapolis-based Celadon Group Inc. is exiting the driver-education business, five years after spending heavily to launch the driving schools as a way to combat an ongoing shortage of qualified truck drivers.
A wave of companies, including some in Indianapolis, are launching freight-related apps in hopes of making money by helping to streamline a huge and fragmented industry.
FedEx will skip special charges for most packages shipped during the holiday season this year as it seeks to undercut rival UPS in a fight for a larger share of the millions of items now bought online.
Investors and analysts are reacting positively to Celadon Group Inc.’s decision to bring in an outside executive with years of transportation industry experience to run the company.
Struggling trucking firm Celadon Group Inc. is bringing in a new chief executive to replace Paul Will later this month, the Indianapolis-based company announced Thursday afternoon.
One of the country’s fastest-growing transportation and logistics companies is making plans to open a massive distribution center northwest of Indianapolis.
Already, ports in Jeffersonville and Mount Vernon move goods to and from Indiana along the Ohio, downstream to the Mississippi River and out to the Gulf of Mexico.
United Parcel Service Inc. will place its first holiday-season surcharges on U.S. packages, as the world’s largest package-delivery company seeks to defray a surge in year-end costs.
Q&A with Mark Kirschner, Wheaton Van Lines: “We’re not losing drivers; there’s just no new drivers coming into the industry.”
Q&A with Sherry Aaholm, Cummins Inc.: “My mother, early on, taught me the value of hard work, the value of recognizing diversity, the value of recognizing engagement and the fact that you’re just as powerful to do what you want to do.”
United Parcel Service Inc. and the Indiana Economic Development Corp. announced plans for the new 893,000-square-foot package-handling hub Tuesday morning.
Shares in the Indianapolis-based trucking company dropped as much as 67 percent Tuesday morning. At least 16 law firms say they have filed lawsuits against the company or are investigating doing so.
The Indianapolis-based trucking company is dealing with auditing issues, liquidity challenges and scrutiny from its lenders. It expects to report a $10 million quarterly loss.
