Minority-owned logistics firm s2f Worldwide, started a year ago with high-profile investors and tax incentives in tow, has been acquired by Brightpoint Inc. The deal closed about three weeks ago, said former s2f CEO Randall Lewis.
National group led by Indiana University professor says U.S. progress doesn’t stack up well against European counterparts.
An expected push to refresh the oldest North American commercial trucking fleet in at least 31 years should boost sales at partsmakers like Columbus-based Cummins Inc.
Double-digit growth by low-cost carriers helped overall boardings at Indianapolis International Airport increase in October.
Indiana was rejected earlier this year for federal funding for its part of a Chicago-to-Cleveland route.
New business from Delta Air Lines is increasing demand for workers at the aircraft repair center at Indianapolis International Airport.
The Greenwood Board of Aviation Commissioners will replace Indy Jet Center Greenwood, which had only managed the airport since January, effective Nov. 25.
First nonstop scheduled cargo flights from China are a milestone for Indianapolis International Airport and could attract companies that rely on ready access to Asia.
KAR Auction Services Inc. announced Monday night that it plans to expand its Carmel headquarters, creating up to 249 jobs by 2015.
The Atlanta-based company plans to break ground this month on a 100,000-square-foot expansion of its southeast-side cold storage facility. The expansion should be finished in November 2011.
The Indianapolis-based company said it plans to raise $88.5 million by pricing 12 million shares of its common stock at $7.80 each in a public offering.
Motor maker Remy International will embark on a major expansion next spring to satisfy growing demand from makers of hybrid and electric vehicles—and Madison County officials think they’re well positioned to land the jobs.
Revenue is uneven between the two concourses in the new midfield terminal, but overall sales nevertheless are outpacing growth in passenger traffic.
The Indianapolis Airport Authority leases the hangar to ComLux Aviation Services, which uses it to maintain and refurbish business aircraft.
Scaled-back transit plan, which includes rail line from downtown to Noblesville and Franklin, is projected to cost $2.4 billion, with local taxpayers picking up about half the amount. Funding would need to be approved through county referendums, however.
Indianapolis airline plans a public offering of 12 million shares of common stock that could raise $100 million or more.
A fire has swept through an airport hangar in Indianapolis, causing $7 million in damage to the building and an unknown amount of damage to five planes inside.
Pilots say they’re upset by changes since new management took over and have begun go to Shelbyville and other airports to buy fuel. Some are even considering moving their planes.
The license revocations stemmed from violations such as failure to maintain a dispatch log, failure to maintain a dispatch facility and failed body or mechanical inspections.
The auction company had revenue of $445.3 million in the quarter ended Sept. 30, a 4-percent increase from same quarter of 2009. Profit tripled, to $25.6 million.
