Transportation

PAM Transport Reports Record Quarterly, Yearly Earnings
Daniel Cushman

PAM Transport Reports Record Quarterly, Yearly Earnings

PAM Transport Inc. of Tontitown reports fourth-quarter income of $3.2 million, up from $2.1 million in the same quarter of 2014.
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$250K Grant to Improve Unpaved Roads Across Arkansas

A $250,000 grant to the Arkansas Economic Development Commission will be used to improve unpaved county roads in Arkansas.
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ArcBest 4Q Income Down 66 Percent

ArcBest Corp. of Fort Smith reported fourth-quarter income of $4.9 million, down 66 percent from the $14.5 million it reported in the same quarter of 2014.
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USA Truck Hires Craig, Loses Weindel

USA Truck Inc. of Van Buren hired Jim Craig to fill the new position of president of Strategic Capacity Solutions.
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Report: Jonesboro Weathered Recession Well, Leads State in Job Growth

The Great Recession caused millions of workers nationwide to lose their jobs in 2008 and afterward, and thousands of those losses were in Arkansas. Jonesboro, however, fared much better than other Arkansas cities during the economic downturn, and its job growth continues to be a standard-bearer in the Natural State. read more >

Glo Airlines Adds Direct Flights from Little Rock to Destin

Regional air service provider Glo of New Orleans announced Thursday it will expand its non-stop service from Little Rock to to Florida's Emerald Coast. read more >

Cities in Arkansas Scrambling to Fill Vacant Walmart Locations

Since Wal-Mart Stores Inc. announced last month it was closing 154 stores in the United States, Gentry Mayor Kevin Johnston has been on the phone and sending emails trying to attract a grocery store to the Benton County town. read more >

Arkansas Sees Volume, Value of Biggest Deals Drop

The value of mergers and acquisitions last year reached a record high worldwide and in the United States, but Arkansas was a different story. The known value of big deals in the state — those worth $9 million or more — fell 53 percent in 2015 compared with 2014, to $8.8 billion compared with $16.6 billion. read more >

Personal Income in Arkansas Metro Areas See Increase

The eight metropolitan areas of Arkansas reported increases in local area personal income in 2014, with growth ranging from 1.6 percent in Pine Bluff to 4.1 percent in Fort Smith. read more >

US Adds Just 151K Jobs in January; 4.9 Percent Jobless Rate

U.S. employers added 151,000 jobs in January, a sharp deceleration from recent months as companies shed education, transportation and temporary workers. read more >

Glen Barentine Named Interim Director for Hot Springs Airport

An interim director has been named for Hot Springs' airport following the retirement of George Downie. read more >

ArcBest CEO Judy McReynolds to Replace Board Chair Robert Young

ArcBest Corp. of Fort Smith says President and CEO Judy McReynolds has been elected chairman of the publicly traded company's board of directors. She will replace Robert Young III, a former company CEO, who is retiring. read more >

Plan to Spin Off Air Traffic Control Generates Turbulence

A Republican House committee chairman is launching a push this week to take away control of the air traffic control system from the government and hand it to a nonprofit corporation directed by the airlines, airports, labor unions and others. read more >

USA Truck 4Q Profit Up 8 Percent

USA Truck Inc. of Van Buren on Tuesday reported fourth-quarter profit of $3.9 million, an 8 percent increase from $3.6 million in the same quarter of last year. read more >

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