Transportation Archive

Harvey & Bernice Jones Trust ‘Frost' Bitten?

by John Haman 3/31/2014 12:00 am

H.G. “Jack” Frost Jr. was only a part-time employee of the Harvey and Bernice Jones Charitable Trust 1 in his position as trustee, but in fiscal year 1994 his salary tripled, giving him an annual compensation package of more than $350,000 in salary and consultation fees.

1979 Crash Hurried Magic Mart's End

by Jack Whitsett 3/31/2014 12:00 am

It's easy to forget now, but Wal-Mart wasn't always the dominant discount retailer in the world. As late as 1979, the Bentonville chain arguably wasn't even the dominant Arkansas discounter. That effectively changed the morning of Friday, Dec. 21, 1979, when a Cessna 421 twin-engine plane carrying three vice presidents of Sterling Stores Inc. slammed into a fog-covered hill 4 miles southwest of Locust Grove, near Batesville.

Andrew Kilgore: Portraits in Black and White

by Arkansas Business Staff 3/31/2014 12:00 am

Beginning with the last issue of 1984 and continuing into 1988, Andrew Kilgore photographed business legends and up-and-comers for the cover of Arkansas Business.

John Glasgow to Dillard's: ‘Call Off the Dogs'

by Gwen Moritz 3/31/2014 12:00 am

The relationship between the management of CDI Contractors LLC of Little Rock and half-owner Dillard's Inc. was under tremendous stress in the days before CDI's chief financial officer disappeared on Jan. 28.

Jim Keenan to Retire from Arkansas Best Corp.

by Lee Hogan 3/25/2014 11:20 am

Jim Keenan, senior vice president of enterprise customer solutions at Arkansas Best Corp. of Fort Smith, has announced his retirement, effective March 31.

Women Can — And Men Can, Too (Editorial)

by Arkansas Business Editors 3/24/2014 12:00 am

There may be a few jobs out there in which every man — person — for himself is a winning strategy, but a rising tide generally does lift all boats. All of us should ask: Am I protecting myself to my own detriment? Would I be more successful or happier or richer or less stressed if I shared the opportunity?

Ellis Infiniti Bought Out by Fenton Motors of Texas

by Arkansas Business Staff 3/24/2014 12:00 am

The renamed Fenton Infiniti is the first Arkansas property for Fenton Motors and the company's 17th dealership.

Izard Food Park Provides Place for Food Trucks

by Arkansas Business Staff 3/24/2014 12:00 am

Edward Bailey, a broker at Flake & Kelley Commercial, and his friend Thomas Edwards are seeking to take advantage of the food truck trend with the opening of the Izard Food Park at the southeast corner of Izard and Third streets.

South Arkansas Group Seeks Funding for River Dredging

by Associated Press 3/23/2014 01:44 pm

Members of the Ouachita River Valley Association are to be in Washington, D.C., this week as they seek additional funding for dredging of the river.

AHTD Withdraws Projects Due to Funding Questions

by Associated Press 3/20/2014 08:31 am

The Arkansas State Highway and Transportation Department has withdrawn 10 construction projects from its planned list of projects scheduled for award in April.

US CEOs' Optimism on Economy Reaches 2-Year High

by Associated Press 3/18/2014 11:11 am

U.S. chief executives have grown more optimistic about economic growth this year, and more of them plan to boost spending and hiring within the next six months.

Mike Beebe Names 36 Appointments to Boards, Commissions

by Arkansas Business Staff 3/17/2014 03:08 pm

Gov. Mike Beebe on Monday announced a judicial appointment as well as 36 appointments to state boards and commissions.

Brent Salter: No Mixed Opinions on Where Conway's Next Hot Spot Will Be

by Arkansas Business Staff 3/17/2014 12:00 am

Salter Properties has been a key player in the revitalization of downtown Conway, including the renovation of the old Smith Ford dealership on Front Street.

Bentonville Stresses Its Small-Town Feel

by Marty Cook 3/17/2014 12:00 am

A series of new planned developments in Bentonville has planned — or has already been put into action — is adding new life for its downtown area. The Thrive apartments are set to open by the end of this year in what the city calls its Arts District.

Conway Reimagined For $100M And Change

by George Waldon 3/17/2014 12:00 am

Tandem retail projects in Conway are poised to reshape the commercial landscape along Interstate 40. The biggest on the drawing board is Central Landing, a mixed-use redevelopment of the 151-acre municipal airport with a 750,000-SF lifestyle center.

UCA Plans To Reshape Donaghey Avenue

by Mark Friedman 3/17/2014 12:00 am

The University of Central Arkansas in Conway is working on plans to renovate a mile-long section of Donaghey Avenue. The crown jewel of the proposed project is an approximately 68,000-SF, four-story mixed-use building that will feature retail on the ground floor and student housing on floors 2 through 4.

Conway Works on Plan for a New Downtown

by Mark Friedman 3/17/2014 12:00 am

What started as a way to solve a flooding issue in Conway has blossomed into a plan to create a new downtown, covering 28 blocks to be transformed into a mixed-use development that features small businesses, wide sidewalks, public parking, parks, lofts and apartments.

Opening Today, Wal-Mart Tests Convenience Store Prototype

by Marty Cook 3/17/2014 12:00 am

Wal-Mart Stores Inc. hopes to put the convenience back in convenience stores. The Bentonville retail giant is having a grand opening of its “Walmart To Go” store on March 19. The store is at 1300 S. Walton Blvd., less than a mile from the corporate headquarters.

J.B. Hunt CEO John Roberts Paid $4M in 2013

by Marty Cook 3/14/2014 12:28 pm

The general pattern with executive pay at J.B. Hunt last year: salaries stable to slightly higher, smaller cash bonuses but big jumps in the value of stock awards, thanks to the runup in the stock's value.

Arkansas Business Seeking 40 Under 40 Nominations

by Arkansas Business Staff 3/14/2014 08:15 am

The 2014 class of 40 Under 40 honorees will be profiled in the June 23 issue of Arkansas Business. Included in this issue will be a listing of their accomplishments within their businesses, organizations and/or community.