Sides in Russell estate case seeking settlement
The children of late Celadon Group Inc. co-founder Steve Russell and his second wife have been waging a court battle over his $31 million estate.
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Amazon’s already-large distribution empire keeps expanding
Online shoppers want their packages—now. And Amazon is spending billions of dollars to make sure that happens by beefing up its distribution network.
Trucking company plans hundreds of jobs in Plainfield
Trucking and logistics company Knight Transportation Inc. expects to add as many as 426 employees at its new Regional Operations Service Center in Plainfield by the end of 2021, the company announced Tuesday.
Truck drivers sue Celadon over wages, employment status
Three former truckers are suing Celadon and seeking class-action status for “thousands” of drivers, claiming the company violated state and federal laws by hiring them as independent contractors.
Indiana ports handle record 12.2 million tons of cargo
It was the first year in the Ports of Indiana's history that the state's three ports handled more than 12 million tons of cargo.
Celadon misses profit expectations despite higher revenue
Celadon CEO Paul Will said quarterly earnings were hurt by $1.2 million in expenses related to the company’s acquisition of Tango Transport during the quarter.
Amazon raises online retail bar with same-day delivery
The logistics and costs of same-day delivery—the fuel, labor, infrastructure and other costs—have been difficult challenges to surmount.
UPS set to raise rates to boost stagnant revenue
UPS is raising ground, air and freight rates by averages of around 5 percent this year as it seeks to cover rising labor and equipment costs.
Logistics group pushes for I-69 completion, qualified workers
Finishing the proposed extension of Interstate 69 from Bloomington to Indianapolis was one of about 75 projects the industry sector pushed for in a strategic plan released Wednesday.
Trucking firm Celadon sells tractor portfolio for $13.6M
Celadon Group Inc. sold a portfolio of semi tractors and their associated leases for $13.6 million to a joint venture controlled by a private-equity firm, Indianapolis-based Celadon announced late Friday.
Celadon Group purchases Louisiana trucking business
Indianapolis-based Celadon Group Inc. has acquired the truckload business assets of Tango Transport LLC, a Shreveport, Louisiana-based transportation company, Celadon announced Wednesday night.
Railway shipper to cut 193 jobs in Indiana by end of year
Norfolk Southern Corp. has announced plans to cut the jobs by the end of the year at its Triple Crown Services subsidiary in Fort Wayne.
Russell steps down as chairman at Celadon Group
Stephen Russell is relinquishing a role he’s had at Celadon Group since he founded the company in 1985. CEO Paul Will and COO Eric Meek received promotions.
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.
Barge builder embraces stability
American Commercial Lines is revamping its Ohio River shipyard and sprawling inland logistics business under its newest owner.
Amazon rolls out same-day delivery in Indy, 13 other cities
E-commerce powerhouse Amazon on Thursday began offering free same-day delivery service in some cities, including Indianapolis, to its Prime loyalty club members.
Truckers, Celadon feuding over fuel
A Marion County judge in December said Celadon Group Inc.’s practice of withholding part of its fuel savings from its owner/operator drivers breaches the terms of its agreement with 2,262 current and former drivers.
Order-fulfillment firm sells for $55M in cash
A publicly traded e-commerce firm has acquired Indianapolis-based Fifth Gear, a company with more than 500 employees that specializes in fulfilling consumer orders through catalogs and digital retail.
Celadon sees more profit, revenue in latest quarter
Celadon Group Inc. saw profit increase 21.2 percent in its latest quarter as revenue climbed 10.5 percent, the Indianapolis-based trucking firm announced Wednesday.
FedEx predicts increase in holiday deliveries
FedEx, which operates several facilities in Indianapolis employing thousands of workers, said the peak day is likely to be Dec. 15, when it expects to handle 22.6 million shipments around the world.