BEHIND THE NEWS: A flawed culture poisoned Celadon
Critics of Celadon management say a deep-seated, clubby culture helped propel the Indianapolis-based trucking giant toward financial ruin.
Transportation
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Another massive Takata recall looms for large batch of air bags
Bankrupt supplier Takata faces a Dec. 31 deadline to show the U.S. National Highway Traffic Safety Administration that as many as 100 million inflators containing a chemical drying agent will be safe long-term.
Airline trade group predicts Christmas travel will increase 3%
The trade group Airlines for America said Tuesday that 47.5 million people are expected to fly over an 18-day period from Dec. 19 through Jan. 5.
Holcomb hopes to ban mobile-device use while driving as part of 2020 agenda
Indiana Gov. Eric Holcomb said Tuesday that he wants the state to impose a hands-free-driving law in 2020. The proposal, which would prohibit the use of mobile phones while operating a motor vehicle, is part of the Republican governor’s 2020 legislative agenda.
Celadon shutdown to create shipping headaches for Fortune 500 firms
The company moved goods for many well-known companies, including Alcoa, General Electric, John Deere, Philip Morris, Procter & Gamble, Target and Walmart.
Alaska Airlines adding seasonal flight from Indy to Seattle
The flights from Indianapolis International Airport to Seattle-Tacoma International Airport begin May 21. They will feature local departure times of 8 a.m. and local arrival times of 6:30 a.m.
UPDATE: Celadon ceasing operations, eliminating nearly 4,000 jobs
CEO Paul Svindland said challenges in the trucking industry, along with fallout from what prosecutors allege was a massive accounting fraud engineered by prior management, proved impossible to overcome.
Trucking giant Celadon preparing to file bankruptcy
The Indianapolis-based company lost its way after founder Stephen Russell gave up the CEO’s role in 2012, and three of its former executives now are facing fraud charges.
Fishers City Council advances Hub & Spoke tax abatement, road project bond
The Fishers City Council gave preliminary approval Tuesday to a 10-year tax abatement for the developers of the Hub & Spoke building and approved $3.125 million in road project bonds.
KAR locked in legal battle over $25M acquisition
Auto auction giant KAR Global’s acquisition of a Florida-based locksmithing company has blown up in spectacular fashion, a meltdown it blames squarely on the man who founded the business.
Plan to ease local taxi regulations heading to City-County Council for vote
The proposal aims to relax several long-standing regulations that put taxi companies at an unfair advantage compared with ride-sharing companies Uber and Lift, which don’t have to comply with the same standards.
California, 23 other states sue Trump for right to require more fuel-efficient cars
The lawsuit, filed in the U.S. Court of Appeals for the District of Columbia Circuit, marks the latest round in an escalating fight between the White House and California officials over how quickly the nation’s auto fleet must increase its fuel-efficiency.
United delays planned return of grounded Boeing 737 Max
United Airlines said Friday that without the planes, it will cancel 56 flights a day in January, February and early March.
Federal investigators: Coast Guard ignored duck boat safety proposals
The National Transportation Safety Board criticized the U.S. Coast Guard on Wednesday for ignoring suggestions they say might have prevented last year’s Missouri accident that killed 17 people, including nine members of an Indiana family.
Safety officials probing records of work on Southwest jets
Southwest Airlines says it will speed up inspections of dozens of used planes it bought from foreign airlines after federal regulators threatened to ground the jets because they might not meet all safety standards.
IndyGo says vendors causing missed Red Line deadlines
IndyGo vendors are still working to deploy two key features that were supposed to be in place when the Red Line launched Sept. 1—and the delays are both disrupting Red Line operations and hurting IndyGo’s bottom line.
Local industrial sector ‘healthier than it’s ever been,’ expert says
The red-hot Indianapolis industrial real estate sector is nearing all-time records in vacancy, construction and absorption, newly-released market reports obtained by IBJ show.
U.S. highway deaths fall for second straight year
While traffic deaths have fallen, the National Highway Traffic Safety Administration reported 6,283 pedestrian deaths, the highest total in 28 years. Pedestrian fatalities have risen about 53% since 2009.
Noblesville City Council approves new downtown parking program
The city council this week unanimously approved a new pilot parking program that is intended to simplify the city’s parking ordinance, which has been in effect since 1989, before the Hamilton County Judicial Center was built and Noblesville’s population surged.
Southwest again delays return of troubled Boeing Max
Without the planes, Southwest says it will cancel about 175 flights each weekday.