Amtrak, state reach deal to keep Chicago route running
The $2.7 million agreement will keep the Hoosier State passenger rail service between Indy and Chicago operating for one year.
Transportation
Articles
Pence appoints panel to develop transportation plan
Indiana Gov. Mike Pence announced Thursday he will turn planning for the state’s “next generation” of transportation infrastructure over to a panel that will be co-chaired by the lieutenant governor and an industry official.
City officials aim to build on momentum for cycling
Indianapolis has become a more bike-friendly city, and city planners are looking to ensure the progress continues. The Metropolitan Development Commission will vote Oct. 16 on a bicycle master plan that lays out a host of educational and policy initiatives to encourage two-wheeled transportation.
Could airport gambling idea take off?
Two gambling-industry lawyers see untapped potential in Indianapolis International Airport, which they argue is the ideal place to roll out wireless gambling technology and rake in revenue to support more nonstop flights, like the one United Airlines will launch in January to San Francisco.
Proposed Illiana Expressway loses key vote
The head of northeastern Illinois’ planning agency called Wednesday for an end to Gov. Pat Quinn’s push for the Illiana Expressway, saying the proposed $1.3 billion tollway south of Chicago into Indiana is “a highway in nowhere land.”
South-side Indianapolis bottlenecks to get $40m upgrade
New lanes, flyover expected to ease congestion at interstates 65 and 465.
End of major state highway project could mark start of growth
The almost-completed $383 million State Road 25 Hoosier Heartland Highway Corridor project is expected to create economic development opportunities from West Lafayette to Fort Wayne.
Celadon using free training to fight driver shortage
The trucking firm launched its in-house truck-driving school a year ago to boost the supply of drivers and, executives hope, cut down on turnover, which is 98 percent per year at the company, mirroring the industry average.
KAR Auction Services riding the wave of auto recovery
Early investors in KAR Auction Services are looking savvy. Since November 2012, KAR shares have marched steadily higher, rising from $12.25 to nearly $29.
Car dealers curtail advertising boasts
Efforts by trade groups such as the Automobile Dealers Association of Indiana—and, more formidably, a recent crackdown by the Federal Trade Commission—have discouraged the use of potentially misleading ads.
Mass-transit plan draws critics in state hearing
Three tea party members testified Thursday against the $1.3 billion proposal that lawmakers delayed last session and sent to a study committee for review.
Railroad upgrade planned for southern Indiana line
The owner of a rail line through that runs from Indianapolis to Jeffersonville is planning a $90 million project to replace an aging bridge and make improvements over more than 100 miles of track.
Indiana, Amtrak continue Hoosier State line talks
Indiana and Amtrak are making progress hammering out a short-term agreement to keep a passenger line between Indianapolis and Chicago running until a comprehensive funding deal is reached.
Republic Airways selling Frontier in $145M deal
Indigo Partners LLC, led by veteran airline executive William Franke, has agreed to buy Frontier Airlines from Indianapolis-based Republic Airways Holdings Inc. for $36 million in cash. The total value of the transaction is $145 million including debt.
Monroe County looks to limit I-69 truck stops
Officials in southern Indiana’s Monroe County are proposing tough rules for any truck stops that might be built with the opening of the Interstate 69 extension.
Aircraft paint shop at Grissom a boon for economy
The 150-employee facility is a godsend for Miami County, which lost a larger percentage of its residents between 1990 and 2000 than any other Indiana county.
Reverse commuter route launches on northwest side
There’s a new reverse-commute bus route connecting the northwest side of Indianapolis with major employers in west Carmel.
RV exec seeking new start in Indy
A member of one of the recreational vehicle industry’s elite families hopes to get a fresh start in Indianapolis by launching a manufacturer of super-high-end RVs.
PROXY CORNER: KAR Auction Services Inc.
KAR Auction Services Inc., 13085 Hamilton Crossing Blvd., Carmel 46032, is the holding company for ADESA Inc., which operates used-vehicle auctions at 67 locations; Insurance Auto Auctions Inc., which operates salvage auctions at 163 locations; and Automotive Finance Corp., which provides floorplan financing at 104 locations.
Transportation, warehousing catch tailwind
Indiana’s transportation and warehousing industry employs more people now than before the recession, and observers think its growth will continue to outpace the nation’s.