Bloomington officials narrowly OK I-69 extension
A Bloomington planning panel voted narrowly Friday to back off its opposition to a section of the Interstate 69 extension from Indianapolis to Evansville that would pass through Monroe County.
Transportation
Articles
Allison’s private-equity owners to get IPO spoils
When Allison Transmission Holdings Inc. a year ago filed plans to go public, it said some of the proceeds would go toward reducing billions of dollars in debt. But, in an updated filing with the SEC, the company reversed course, saying all of the more than $500 million that’s expected to be raised would go to its private-equity owners.
Airport execs’ globetrotting sparks scrutiny
Indianapolis Airport Authority CEO John Clark and two key officers spent more than $67,000 last year on travel that included extended business trips to Brazil, Denmark, Greece, Morocco and Switzerland.
Fuel prices wreak havoc on Republic Airways turnaround
If the cost of aircraft fuel continues to approach $3.50 a gallon, 2012 fuel costs for the company's Frontier unit fuel will end up $40 million higher than the business plan.
Ohio River bridge plan calls for tolls on 3 spans
The governors of Indiana and Kentucky on Monday agreed to use tolls to pay for two new Ohio River bridges and a revamped Interstate 65 bridge over the river, all in the Louisville metropolitan area.
BrightPoint making local employment cutbacks
BrightPoint Inc. has laid off an undisclosed number of its local employees and decided not to fill another 120 open positions, the Indianapolis-based company acknowledged Thursday.
Reverse-commuter lines to roll to Hendricks, Hamilton counties
Employers in Hamilton County and Hendricks County may find it easier to attract workers from Marion County, with the planned launch of a “reverse commuting” bus service.
Republic to cut Chautauqua costs to counter fuel prices
Republic Airways Holdings Inc. plans to seek reduced rates from aircraft lessors and vendors in order to cut expenses at its Chautauqua Airlines, where higher fuel prices have made the unit’s smaller jets too costly to operate.
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.
Republic Air sees revenue climb, earnings fall
The Indianapolis-based company’s quarterly revenue increased 7.4 percent, to $697.8 million, primarily due to an 11-percent increase in revenue from the Frontier unit.
Greencastle plant key in Ford’s environmental movement
Supplier to begin producing door part made from kenaf, a plant similar to bamboo but related to cotton.
Alternative fuels gaining popularity
While some trucking firms are busily updating old trucks, others are delving into alternative fuels, which will help lower emissions.
Trucking firms shunning costly clean-burning engines
Trucking fleets, already buckling under higher costs for insurance and fuel, are finding ways around new rules that nearly eliminate nitrogen oxides and particulate matter but also sent prices of new trucks soaring.
KAR Auction reports higher earnings, profit
Carmel-based KAR Auction Services Inc. on Monday said it doubled its profit in the fourth quarter compared to the same quarter of the previous year.
Indiana legislators OK lifting Sunday cycle sales ban
Indiana's motorcycle dealers will be allowed to buy and sell their bikes on Sundays under a change in state law that legislators have approved.
Bloomington panel delays vote on I-69 section
A southern Indiana panel has delayed until March a vote on whether to add a hotly debated section of the Interstate 69 extension into its transportation plan.
Airport spending millions to protect rare bats
The Indianapolis Airport Authority board has approved a $504,872, two-year contract with Indiana State University to study the federally endangered Myotis sodalis, which brings to $2.5 million what the airport has paid ISU since 2004 to track and observe the minuscule mammals.
Brightpoint shares slide after it lowers forecast on loss of customer
Shares of the wireless-device logistics provider fell more than 8 percent Wednesday morning after the company lowered its annual earnings guidance in response to the loss of a major customer.
Indianapolis Regional Airport to handle heavier ‘birds’
Airport Authority OKs runway extension at Hancock County facility, fueling competition with Hamilton County's Executive Airport.
Reopening of Ohio River bridge gives lift to businesses
The reopening of the Sherman Minton Bridge has business returning to normal more than five months after a crack in load-bearing steel led to Gov. Mitch Daniels to order the span over the Ohio River closed.