Transportation

Arkansas Best CEO Says Agreement With Teamsters Will Help 'Restore Profitability'
Approval of a new five-year contract is in the hands of Arkansas Best Freight's 7,500 union employees. Ballots will be mailed to them on June 3 and a count is expected June 28.

Arkansas Best CEO Says Agreement With Teamsters Will Help 'Restore Profitability'

Arkansas Best Corp. has seen a 68 percent increase in its share price since reaching a tentative agreement with the Teamsters, President and CEO Judy R. McReynolds tells shareholders during the company's annual meeting.
read more >

Riggs Tractor Rolls With Rental Trend

J.A. Riggs Tractor Co. has ridden out the ups and downs of 85 years of business, built on its foundation as a Caterpillar distributor. The Little Rock enterprise ranks No. 43 among the largest private companies in the state with 2012 revenue of $197 million. That figure reflects a one-year decline of 10 percent.
read more >

USA Truck Board Votes to Keep Robert Peiser as Chairman

Robert A. Peiser, the USA Truck Inc. board chairman who submitted a conditional resignation last week, will remain chairman after the board voted unanimously to reject that resignation.
read more >

Bruce Oakley Revenue Tops $1 Billion in 2012

There were several revenue improvements for state transport companies in 2012, though nobody matched the leap made by Bruce Oakley. Plus, the list has a new entry, giving the state at least four transport companies with more than $100 million in revenue for 2012.
read more >

Market Update

DOW 15,307.17 -80.41
NASDAQ 3498.965 +33.722
S&P 500 1655.35 -13.81
Enter a stock symbol

Mortgage Calculator

Enter Desired Loan Amount $
Interest Rate
Years
Your monthly payment is: $

More Transportation News

West Memphis Gets $11M Grant for Port

West Memphis is to receive a $10.9 million grant to expand the city's port. The grant from the U.S. Transportation Department will go toward rail improvements. read more >

Texarkana's Truman Arnold Cos. Off Largest Private Companies List After Execs Move to Dallas

Truman Arnold Cos. worked its way up to No. 1 for the first time in 2001 and held that position most years since then. But their subtraction from the 2013 list means Stephens Inc. is on top of Arkansas Business' list of top private firms. read more >

Industry Profiles: Largest Private Companies in Arkansas See Mixed Growth

A look at seven of the state's major industries show ups and downs across the board. read more >

USA Truck Chairman Robert Peiser Hopes to Stay

Robert A. Peiser, the USA Truck Inc. board chairman who submitted a conditional resignation Wednesday, told Arkansas Business on Thursday that he's “hopeful” he'll be retained by the publicly traded Van Buren trucking firm. read more >

NTI Making Room For More Techs

Northwest Technical Institute in Springdale has more prospective students than spots in its diesel and truck technology program. A future expansion in lab space could help the school, located in an area known nationally for its diesel tech jobs. read more >

Razorback Football Coach Bret Bielema Draws Crowd at Arkansas Trucking Conference

University of Arkansas football coach Bret Bielema was the keynote speaker at this year's Arkansas Trucking Association Business Conference and spent about an hour addressing attendees. read more >

Rep. Rick Crawford Secures Spot on Transportation Committee's Freight Panel

Arkansas' 1st District Rep. Rick Crawford was recently appointed to a panel of the House Transportation & Infrastructure Committee that is focused on freight transportation. read more >

Arkansas Business History (Editorial)

Every time we reach out to scores of businesses around the state — large by private-company standards — and ask for data on revenue and employment, we are reminded just how important many of these companies are to their hometowns and their regions. read more >

Dispute Between Trucking Exec, IRS Expanding to Include Other Claimants

The showdown between Ralph Bradbury and the Internal Revenue Service, which first began in November 2011, has grown to include counterclaims and another defendant. read more >

Arkansas' Largest Private Companies Through the Years

The largest Arkansas-based, Arkansas-owned private companies ranked by reported or estimated revenue (in millions) for fiscal year listed. read more >

More Transportation News>