Articles

Adesa parent turns profit, beats expectations

KAR Auction Services reported a profit of $5.3 million in the fourth quarter after sustaining a loss in the same period in
2008. The company's CEO attributed the turnaround to several factors, including the completion of an initial public offering.

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Plan for optional interstate tolls may hit potholes

A proposal to add optional toll lanes to parts of Interstates 69 and 65 raises all kinds of questions, such as how to squeeze
more lanes into the crowded I-69 corridor northeast of the city. And it’s debatable whether toll lanes could make more
money than they cost to implement.

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Task force endorses regional taxes for mass transit

After 30 years of government
studies of a regional transportation system, a private-sector group on Wednesday is set to unveil its own
plan that includes commuter rail and toll lanes added to congested interstate highways.

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Republic Airways to shut down Lynx Aviation

Indianapolis-based Republic Airways Holdings Inc. will shut down Lynx Aviation, a regional flying unit that operates Bombardier
Q400 propeller planes. The changes will mean 175 people will lose their jobs.

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