Transportation

ArcBest Making Moves Toward Memphis
The red dot highlights the area of Memphis, Tennessee, where an affiliate of ArcBest has purchased properties.

ArcBest Making Moves Toward Memphis

ArcBest Corp. of Fort Smith is proceeding with plans to move ABF Freight Systems operations from North Little Rock to Memphis. ABF Freight, ArcBest's largest subsidiary, was offered a $4 million incentive from an economic development group to move a distribution center to Memphis where it would undergo a $20.5 million expansion. ArcBest has closed or consolidated 30 terminals in the past year, including two in Arkansas (Harrison and Russellville).
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Maverick Transportation Opens $4M Driving Training Center

Arkansas Gov. Mike Beebe was on hand as Maverick Transportation LLC of North Little Rock opened its $4 million driver training center on Thursday.
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P.A.M. Transportation Net Income Up 81 Percent

P.A.M. Transportation Services Inc. of Tontitown reports second-quarter earnings of $4.9 million, up 81 percent from $2.7 million in the same quarter last year.
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Arkansas High School to Start Drones Program

Beebe will be bringing drones to school this fall. The school district will offer a drones class after ninth- and 10th-grade Principal Mike Tarkington got the idea for starting one while watching an episode of "60 Minutes" about them in March.
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More Transportation News

ArcBest 2Q Profit Triples From Last Year

ArcBest Corp. of Fort Smith reports its most profitable quarter in six years, driven by stronger performance in two of its subsidiaries, ABF Freight and Panther Premium Logistics. read more >

USA Truck Reports First Profitable Quarter Since 2011

USA Truck of Van Buren reported its first profitable quarter since 2011 on Thursday, bringing in net income of $700,000, or 7 cents per share. The profit came even after a tough first half of the year marked by hard winter weather and a driver shortage that continues to dog the industry. read more >

A Closer Look: Arkansas Unemployment and Employment

The unemployment rate in Arkansas fell in June to 6.2 percent, but the number of people employed “continues to be a source of concern,” state economic forecaster Michael Pakko noted recently. read more >

Arkansas Business Presents the 2014 Power List

Arkansas Business introduced “The Power List” in 2006, and after updating it annually for a few years, we decided to spread it out. That means there have been a lot of changes in 20 industries and professions since our last installment in 2011, so we've been doing a lot of rounding up of resumes and photos in the last few weeks. read more >

4 Airports to Get More Than $500k for Upgrades

Members of the state's congressional delegation have announced more than $500,000 in grants for upgrades at four airports around Arkansas. read more >

Mo Money, Uber Problems (Robert Coon On Politics)

Ride-sharing companies like Uber and Lyft have become the apps of choice for tech-savvy travelers in cities across the country – and worldwide. But as the companies have increased in popularity, opposition has grown as well. With Uber and Lyft currently looking at entering the Little Rock market, will our local officials embrace them or slam the door? read more >

Wal-Mart Execs Naturally Dominate List of Executive Compensation

Top executives at the world's largest company continue to dominate Arkansas Business' annual list of public company executive compensation, starting with the new CEO, Doug McMillon. read more >

Proposal Would Raise Arkansas' Minimum Wage Rate

Arkansas' minimum wage of $6.25 an hour, which applies to all employers with four or more employees, is one of only four state minimums that remain below the federal wage of $7.25 hourly. read more >

Lessons Learned (Editorial)

One of our best additions to the pages of Arkansas Business in our redesign three years ago has turned out to be the weekly Executive Q&A. It's a good way of getting new voices into the paper, voices largely unfiltered by editors because the Q&As are usually done via email and we publish the answers largely as written (though sometimes abbreviated because of space constraints). read more >

Rob Noirot, Chris Green Join DataPath (Movers & Shakers)

Rob Noirot has been hired as business relationship manager at DataPath Inc. of Little Rock, and Chris Green has been hired as national sales executive. Noirot previously worked in business banking and treasury management at U.S. Bank. Green was formerly a regional manager for George R. Douglas & Associates in Memphis. read more >

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