Transportation

Knight's Takeover Attempt Behind It, USA Truck Will End 'Poison Pill' Plan
Cliff Beckham, USA Truck's CFO, says the poison pill plan has served its purpose. "It protected shareholders from being robbed," he says.

Knight's Takeover Attempt Behind It, USA Truck Will End 'Poison Pill' Plan

USA Truck of Van Buren says it will end its shareholders rights plan at the end of business Friday. The publicly traded trucking company adopted the plan in November 2012 to protect itself from hostile takeover bids while the company attempted a turnaround.
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Apple Car: A Ripening Idea (Craig Douglass On Consumers)

The Tesla Model S electric car costs $70,000. The Apple iPhone 5s costs from $199 to $399, depending on the gigabyte storage. But they both use lithium-ion batteries. And that may be the common denominator linking the two companies.
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Site Plan Details Truck Station for Southwest Little Rock

A site plan for a 305,000-SF package distribution warehouse and truck station for a large national company has been submitted to the Little Rock Planning and Development Department.
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Company President Ralph Bradbury Ruled Liable for Tax Bill

In a cautionary tale for other non-owner executives, a federal judge has ruled that Ralph Bradbury, former president of the defunct Continental Express of Little Rock, is responsible for an unpaid $750,000 payroll tax bill.
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More Transportation News

$2B Program to Improve Arkansas Highways Begins

State transportation officials have marked the start of a nearly $2 billion construction program to improve and widen roadways with a ceremony in Little Rock. read more >

April Beige Book Reports Overall Activity Down Across Arkansas, 8th District

The April book reports a net decrease in manufacturing activity across the district, a decrease in residential real estate activity, mixed results in commercial real estate, and a decrease in lending from district banks. read more >

Deadline to Nominate for Arkansas Export Awards is April 30

The awards honor Arkansas businesses that excel in the international marketplace, and will be presented at a Governor's Mansion luncheon on May 22. All Arkansas companies that sell in international markets are eligible to be nominated. read more >

Winter Weather Chills Profit at J.B. Hunt

J.B. Hunt Transport Services Inc. of Lowell reported a 6 percent decline in first-quarter profit, as harsh winter weather disrupted rail and trucking operations. read more >

XNA Wooing Airlines In Bid to Lower Fares

In the past two years, Scott Van Laningham, the executive director of the Northwest Arkansas Regional Airport, has been meeting with any airline that will listen to his pitch. XNA is eager to bring in a low-cost airline (or two) in an effort to bring down airfares. read more >

A Wet State of Mind (Gwen Moritz Editor's Note)

I used to think I was just so darn clever, but that was before I saw Little Rock attorney David Couch in action. He did the math and realized that it would be easier and cheaper to collect the 78,000 signatures needed to get an amendment making Arkansas counties wet to the state Constitution on the November general election ballot — just 10 percent of voters in the last gubernatorial election — than to collect 38 percent of registered voter signatures in one county after another. read more >

Franklin McLarty on What Big Auto Manufacturers Must Do to Stay on the Road (Executive Q&A)

Franklin McLarty, 39, has had careers in hotels, automobiles, global business and politics. From 2003 to 2005, he was vice president of McKibbon Hotel Group. In 2005, he joined the family business, RML Automotive of Little Rock, helping manage auto dealership franchises across the country. He also is a senior adviser to the Markham Group of Little Rock, a political affairs and campaign management firm. read more >

Jobless Rates Fall in All Arkansas Metros

Unemployment rates dropped year over year in all seven Arkansas metropolitan areas surveyed by the U.S. Bureau of Labor Statistics, according to data released Wednesday. read more >

Nontraditional Benefits, Unusual Perks Growing In Popularity

Increasingly, companies are looking to offer benefits that fall outside the normal range: flexible hours, paid lunches, ice cream on Fridays. These perks might not be mentioned in the company handbook, but they're becoming more important in attracting a new generation of employees and keeping the old ones. read more >

Government, Wal-Mart, Tyson Foods Remain Atop Largest Arkansas Employers List

The names of Arkansas' largest employers remain mostly unchanged from a year ago — and every year. State government is still atop the list with nearly 57,000 employees. read more >

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