Shine comes off privatization for state projects
New approaches to privatization have forced officials in Indiana and Illinois to rethink their funding plans for the 47-mile Illiana Expressway.
New approaches to privatization have forced officials in Indiana and Illinois to rethink their funding plans for the 47-mile Illiana Expressway.
Stoops Freightliner, an Indianapolis truck and trailer dealer, has agreed to sell to a larger dealership after more than 25 years in business. Owner Jeff Stoops grew it into a $323 million firm with 563 employees.
The 40 Bombardier CS300 aircraft on order at Republic Airways Holdings Inc. are no longer a top priority as the Indianapolis-based company returns to its roots as a provider of regional flights for larger carriers, CEO Bryan Bedford said.
Speaking at Monday’s BlueIndy ribbon-cutting downtown, Bollore Group Chairman Vincent Bollore said the electric car-sharing service will need 15,000 to 20,000 regular users to break even.
A French company on Monday unveiled its first electric car-charging station in Indianapolis, where drivers will be able to rent plug-in vehicles for short-term trips later this year.
Charles Hoefer Jr. charges in a lawsuit that he was fired as CEO of Global Caravan Technologies as part of a conspiracy by other company insiders to defraud him of “rightful majority ownership."
The Obama administration is considering changes that would significantly reduce the required amount of biodiesel in the United States. Industry groups, farm state lawmakers and others have called on the administration to reconsider.
Many of the 160 workers for ABC Companies in Nappanee will have a shot at jobs in a nearby plant for building double-decker buses.
The Caterpillar dealer is seeking to expand with new corporate offices and sales and service facilities on more than 130 acres of land near the interchange of Interstates 465 and 74.
Two highway workers were killed when a pickup truck crashed in an Interstate 69 construction zone on the northeast side of Indianapolis. Morning commute traffic backed up for miles.
A kiosk and charging stations for Bollore Group’s car-sharing service were installed this month at 14 E. Washington St., in time for the Electric Drive Transportation Association’s annual conference that begins May 19.
Starting this fall, IndyGo will have digital signs at downtown stops that show when the next bus is arriving, and passengers throughout the city will be able to check their phones or home computers for next-bus information.
Amazon is expanding its Sunday package delivery service to 15 more cities across the country, including Indianapolis, Philadelphia, New Orleans and Dallas.
The 33-page document posted online Tuesday specifies that Indiana will spend $80 million to $110 million and Illinois will pay a minimum of $250 million to build the 47-mile-long Illiana Expressway toll road.
IndyGo is updating its past studies on the feasibility of serving IPS high schools. A past study found that IPS spent $1,520 per student a year on transportation, while a city bus pass costs $330.
Indianapolis City-County Council Democrats want to spend $16 million more on emergency road work. The Democrats oppose Republican Mayor Greg Ballard’s plan for a $150 million bond issue and instead want to tap general and special funds.
The government reported Monday that U.S. airlines raised $3.35 billion from bag fees in 2013, down 4 percent from 2012. But other fees were on the rise.
Carmel-based KAR Auction Services Inc. saw profit drop 29 percent in the first quarter due to costs associated with refinancing debt, the company reported Monday afternoon.
The Indiana Department of Transportation has received four proposals to provide services for the Hoosier State Amtrak route between Chicago and Indianapolis, the agency announced Monday.
A study recommends replacing as many as 10 signalized intersections along State Road 37 with roundabout interchanges, dropping the highway under the cross streets.