Area infrastructure projects land $55.5M in federal funding
The Indianapolis Metropolitan Planning Organization chose 28 area projects to receive funding. It received requests for 69 projects totaling $180 million.
Transportation
Articles
Chicago developer to buy 57-acre Plainfield property near airport
The Indianapolis Airport Authority, which owns the property, agreed to sell the land for $6.67 million to a real estate developer that owns several other properties in the area.
Car-sharing company Turo makes local inroads
Similar to peer-to-peer home-sharing platforms, car-sharing apps help individuals make their vehicles available to others for a fee.
Ex-Rep. Rokita, who voted to defund Amtrak, picked for board
A group that advocates for train passengers wants the Senate to reject the nomination of a former Indiana congressman for Amtrak's board of directors.
City approves new caps, rules for scooter-rental companies
The new rules cap the number of licenses for dockless shared-use mobility companies in Indianapolis and mandate that those companies deploy a certain number of scooters to different areas of the city.
Autonomous vehicles to race at Indianapolis Motor Speedway
Later this month some of the world’s best open-wheel race car drivers will look to take the checkered flag at the Indianapolis 500 and guzzle a bottle of milk in the winner’s circle. But one of the big winners this may at the famed Indianapolis Motor Speedway won’t be drinking any milk. That’s because it will be an autonomous car.
City officials hope scooters can help solve residents’ transit challenges
City officials and transportation advocates want to increase access to scooters for low- and moderate-income residents who live outside the downtown areas where they’re most heavily used.
Moving-industry slowdown puts Wheaton on acquisition trail
Indianapolis-based Wheaton World Wide Moving is determined not just to survive, but to become an ever-larger player in the residential interstate moving industry.
Holcomb signs bill that loosens car dealership rules on document-prep fees
Gov. Eric Holcomb declined to say why he signed the law, which allows dealers to charge up to $200 in document fees per transaction. A flurry of lawsuits has been filed against the practice.
Grounded Max jets could contribute to higher summer fares
With Boeing 737 Max jets grounded after two deadly accidents, U.S. airlines will operate about 200 fewer daily flights than planned through the heart of the peak summer season. That’s around 35,000 seats lost every day.
Are additional Celadon execs in prosecutors’ sights?
The Justice Department’s April 25 press release—which announced Celadon had admitted to the fraud and agreed to pay $42 million in restitution—closes by noting that the investigation is ongoing.
Pacers Bikeshare program revamps pricing model
The new pay-as-you-go pricing puts Pacers Bikeshare more in line with the pricing model used by scooter companies Bird and Lyft, which have eaten into the program’s business.
Celadon Group makes fourth divestiture in past month
The Indianapolis-based trucking company announced Friday that it has sold its intermodal operations to Winnipeg, Manitoba-based Bison Transport.
Amazon targets faster delivery in spending to invigorate growth
Amazon.com Inc. plans to spend $800 million in the current quarter to reduce delivery times for Prime customers to one day from two.
As Lyft becomes 4th scooter operator to enter market, city weighs more regulations
Lyft, the San-Francisco-based ride-sharing company, has plans to deploy as many as 1,200 scooters in Indianapolis after receiving final approval from the city Thursday.
UPDATE: Celadon ordered to pay $42 million after admitting securities fraud
The Indianapolis-based trucking company admitted to “filing materially false and misleading statements to investors and falsifying books, records and accounts,” federal prosecutors said. One former executive also was charged with fraud.
Local car dealers hit with flurry of lawsuits over document-prep fees
Most of the area’s largest car dealers are being sued for charging document-preparation fees that appear to violate state law. But Indiana lawmakers just passed a bill to the governor that would legalize the practice.
Amazon planning delivery center in northern Indiana
The Amazon Logistics delivery center is expected to fill 84,200 square feet of leased space and employ 103 people.
Amtrak supporters appeal for funding for Hoosier State line
Supporters of Amtrak’s Indianapolis-to-Chicago service, including Sen. Ron Alting, R-Lafayette, rallied at the Statehouse on Wednesday to make a last-ditch appeal for the funding.
Judge dismisses Nickel Plate case, awards Fishers attorney fees
A judge has ordered Save the Nickel Plate to pay the city of Fishers’ attorney fees and court costs in a legal case that has turned political.