Indiana’s ports in 2017 saw near-record shipments
The Ports of Indiana says it handled 11.8 million tons of cargo in 2017, the second-highest annual shipment total in its 57-year history.
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KAR sees profit soar on higher revenue, tax benefits
Carmel-based KAR Auction Services Inc. saw profit and revenue jump in the fourth quarter, topping Wall Street expectations in both categories.
Work to widen I-65 section in southern Indiana nears start
Officials say the new lanes be built in the highway’s median, which means no additional land purchases are needed.
Memory Bank: Fighter engine on display
An Allison model “F” liquid-cooled aircraft engine is displayed on July 10, 1943, at the Soldiers and Sailors Monument on the Circle.
Lexus tops vehicle dependability study for 7th straight year
The overall dependability of vehicles increased this year for the first time since 2013, thanks to improving quality.
Pilots agree to contract extension with Republic Airline
The extension includes immediate pay increases and improvements to retirement contributions from the company, according to the pilots’ union.
Trump’s $1.5T plan to rebuild U.S. roads relies on local dollars
The plan intends to use $200 billion in federal money to leverage more than $1 trillion on local and state tax dollars to fix America’s roads, highways, ports and airports.
UPDATE: DHL to lay off 511 employees at Greenfield warehouse as Walmart takes over
The retail giant confirmed to IBJ on Friday that it intends to rehire DHL workers, who also could have a chance to transfer to other DHL facilities.
Airline ‘bumping’ of passengers falls to lowest rate ever
The rate of forcing passengers off oversold flights was the lowest since the Transportation Department started keeping records in 1995, beating the previous record set in 2016.
Carmel-based KAR Auction Services acquires tech startup Stratim
KAR has acquired a San Francisco-based startup that uses technology to help companies manage fleets of vehicles.
Portions of I-65 in Indianapolis to close for bridge repairs
Traffic downtown and the northwest side will be affected by the closures, which are expected to last about 35 days in late spring.
Terry Lee Honda in Avon has new owner, name
The buyer is the same publicly traded firm that purchased Hare Chevrolet last year in Noblesville, and it’s interested in collecting more Indy-area dealerships.
Amazon’s incentives sure to be whopping
Any tax-incentive package to lure Amazon’s HQ2 to Indiana could easily top half-a-billion dollars and climb to more than $1 billion.
Transportation services firm to cut 142 Indianapolis jobs
The Dallas-based company operates IndyGo’s paratransit bus service, but that contract ends March 31.
Indiana House approves bill to lift Indy-area ban on light rail
Lawmakers are reconsidering the ban with hopes of landing Amazon’s second North American headquarters.
Former T2 exec embarks on downtown car club, auto storage project
Mike Simmons has bought the former Chef’s Academy on East Washington Street and is refurbishing the building to appeal to car enthusiasts by adding meeting and event space.
Cities, states seek alternatives to corrosive salt for melting ice on roads
Experts suggest using beet juice, molasses, and even beer or cheese waste to make slick roads safer, in an effort to stop polluting fresh water sources with salty runoff.
Mayor joins critics of downtown north-split interstate plan, seeks new options
Mayor Joe Hogsett is echoing the chorus of community leaders and downtown residents expressing concern with the state’s $250 million plan to revamp the I-70/I-65 interchange.
FedEx plans $1.5 billion expansion of Indianapolis hub
The project was one of several investments FedEx announced Friday. The company said the projects are all related to recent federal tax reform.
FedEx to give wage increases, bonuses to workers
The speedy package delivery giant is the 14th largest employer in Indiana with about 9,100 full-time workers.