Articles

EEOC charges Celadon with discrimination

The agency claims the Indianapolis trucking firm subjected job applicants to medical exams and failed to hire qualified driving candidates because of disabilities. Celadon CEO Steve Russell denies wrongdoing.

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Wheaton acquiring residential mover Bekins

Wheaton World Wide Moving is buying the nation’s oldest and one of its largest household movers, Bekins Van Lines. The deal is expected to bring 38 jobs to Wheaton’s northeast-side headquarters.

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Celadon snub obscures other purchases

Celadon Group has swallowed, whole or in part, nine trucking firms in as many years. But the acquisition momentum lurched to a halt late this month like a semi stopped by a runaway-truck ramp when it was rebuffed by Arkansas-based USA Truck. Since then, Celadon hasn’t signaled its next move.

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Celadon proposes merger with rival USA Truck

Indianapolis-based Celadon has become USA Truck’s seventh-largest investor with a $4.7 million purchase of shares. In a regulatory filing, the truckload carrier reported its interest in combining with its rival.

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Blue Ribbon Transport plans move, new jobs

Indianapolis logistics firm Blue Ribbon Transport Inc. will invest $1 million to move into a larger headquarters, adding as many as 75 jobs over the next three years, economic development officials said Thursday morning.

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Indiana seeks to become player in cargo flights

The state nicknamed the "Crossroads of America" wants to become a preferred landing spot for cargo planes, but industry leaders say Indiana could have a tough time attracting flights from neighboring states because many airports are competing for the same business and freight companies are resistant to change.

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Truck stocks signal economic growth

Companies that act as brokers for trucking services are gaining favor with investors as the 20-month-old rebound shifts into a new phase that’s less dependent on inventory restocking.

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