INDOT breaks off negotiations on Amtrak rail service
The Indiana Department of Transportation has ended contract negotiations with a private contractor to provide passenger rail cars, marketing and other services between Indianapolis and Chicago.
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Job cuts to hit Rolls-Royce operations in Indianapolis
The global firm is planning 2,600 job cuts over 18 months, primarily in its aerospace division. Its Indianapolis operations, which employ about 4,500 people, are devoted mostly to civil and defense aerospace work.
Cummins nears finish of new Indiana warehouse
The company plans to consolidate 80 employees from distribution sites in Seymour, Jonesville and Greenwood at the new $15 million warehouse and distribution center.
Ridership drop another blow to Indy-Chicago rail line
The Hoosier State line that runs from Indianapolis to Chicago saw a 10-percent decline in revenue and a nearly 8-percent drop in ridership for its fiscal year.
Fill ‘er up: Gas under $3 per gallon again
Seasonal swings and other factors will likely send gas back over $3 sooner than drivers would like, but the U.S. is on track for the lowest annual average since 2010—and the 2015 average is expected to be lower even still.
Final path of I-69 to Indianapolis could be 3 years away
The state says no decision can be made until a Tier 2 environmental impact statement is completed. That process is expected to take two to three years.
Celadon sees more profit, revenue in latest quarter
Celadon Group Inc. saw profit increase 21.2 percent in its latest quarter as revenue climbed 10.5 percent, the Indianapolis-based trucking firm announced Wednesday.
UPS predicts 11-percent hike in December packages
United Parcel Service Inc. said Wednesday that it will handle 585 million packages worldwide in December.
Republic Airways reports improved quarterly results
Indianapolis-based Republic Airways Holdings Inc. on Tuesday reported higher revenue and profit in the third quarter.
Indiana Toll Road operator wins approval of bankruptcy plan
U.S. Bankruptcy Judge Pamela S. Hollis in Chicago on Tuesday granted ITR Concession Co. approval of the reorganization plan, which is supported by more than 87 percent of senior secured debtholders.
Fourteen hurt in Indiana Amtrak crash with semi
An Amtrak train traveling from Indianapolis to Chicago collided Tuesday morning with a semitrailer in its path along northwestern Indiana rail tracks, injuring at 14 people aboard the train, police said.
Ballard unveils $32M plan to rent electric-vehicle fleet
Mayor Greg Ballard announced Tuesday morning a plan to replace gas-powered cars in the city’s fleet with 425 all-electric and hybrid vehicles by 2016. Indianapolis is the vendor’s first customer.
State won’t try to reclaim Indiana Toll Road from bankrupt operator
Indiana Public Finance director Kendra York said in a letter that the state doesn't want to take over responsibility for running and maintaining the 157-mile road.
INDOT faces time crunch on Chicago rail line
State officials are still negotiating with a Chicago firm chosen to take over the Hoosier State rail service from Amtrak. The deal is supposed to be complete by Feb. 1.
Museum keeps historic trains rolling through central Indiana
Founded in 1960, the Indiana Transportation Museum has been working for decades to preserve the Nickel Plate Railroad’s legacy by offering guests what it calls “moving experiences”—literally.
Six things to know about Indiana’s new scooter law
Thousands of Hoosiers who drive scooters and mopeds will face new restrictions and requirements starting Jan. 1.
Celadon promotes CFO to chief operating officer
Celadon Group Inc. has promoted chief financial officer Eric Meek to chief operating officer, a new position that will give him oversight of the trucking company’s daily operations.
FedEx predicts increase in holiday deliveries
FedEx, which operates several facilities in Indianapolis employing thousands of workers, said the peak day is likely to be Dec. 15, when it expects to handle 22.6 million shipments around the world.
State still uncertain on finishing I-69 extension
State officials say they're still trying to figure out how to pay for finishing the Interstate 69 extension between Indianapolis and Evansville.
Lauth planning 900,000-square-foot distribution center in Brownsburg
The local developer hopes to lure a tenant for the massive warehouse in its Eaglepoint Business Park while the project is underway.