Transportation Archive

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.

J.B. Hunt Transport Services In $500M Bond Underwriting Agreement

by Arkansas Business Staff 3/10/2014 03:24 pm

J.B. Hunt Transport Services Inc. of Lowell enters into an underwriting agreement with J.P. Morgan Securities LLC, Goldman Sachs & Co., and Morgan Stanley & Co. LLC to issue and sell $500 million in bonds.

Survey: Northwest Arkansas Expects 2,000 New Jobs, $195M in Expansion

by Marty Cook 3/10/2014 03:03 pm

Northwest Arkansas companies plan to create more than 2,000 jobs and invest more than $195 million in expansion during the next three years, according to a regional employer survey.

Minimum Wage Proposals Spark Disagreement

by Mark Friedman 3/10/2014 12:00 am

Whether raising the minimum wage — a burning issue in the tourism and hospitality industries — will actually help all the people it's aimed at is a question of deep disagreement, even among experts. There does appear to be, however, consensus on the minimum conditions necessary to have a sustainable economy.

Arkansas Restaurants Projected To See Sales Growth of 3.2 Percent This Year

by Arkansas Business Staff 3/10/2014 12:00 am

Arkansas is expected to see an increase of 3.2 percent. Arizona, North Dakota, Texas, Florida and Colorado will see the fastest restaurant sales growth this year, the association predicts.

Paul Latture Gives Port of Little Rock Last Glance

by Marty Cook 3/10/2014 12:00 am

Paul Latture has announced his retirement effective July 1, which is about the time the Port Authority's new $1.9 million headquarters building is scheduled to open. The new Arkansas River Resource Center occupies 4.2 acres on the banks of the Arkansas River and will also be home to the Little Rock Port Authority Shortline Railroad and the Arkansas Waterways Commission.

Accountability Sans Jerkiness (Barry Goldberg On Leadership)

by Barry Goldberg 3/10/2014 12:00 am

A CEO can delegate just about everything except culture. And every company will have a culture, whether it just happens or is implemented purposefully and continually by leadership in every decision and hire.

Arkansas Best Execs Enjoy Fruit of Profitable 2013

by Gwen Moritz 3/4/2014 03:35 pm

A cash incentive of nearly $600,000 bumped Judy McReynolds total compensation as CEO of Arkansas Best Corp. above $1.54 million in 2013, according to company's annual proxy statement.

Stampede Transportation of Little Rock to Merge With AET of Dallas

by Mark Carter 3/3/2014 08:40 am

Stampede managing partner Jeff Johnson said the Stampede team will remain in place and continue to manage company operations.

UALR Lab Translates Big Data Into Dollars

by Jan Cottingham 3/3/2014 12:00 am

Humans are digitizing every aspect of life, translating every thought, every endeavor into something that can be read on a computer screen. This act of translation is creating infinite bits of new information — big data, to use the phrase popular in the world of technology.

Cyber School Not a Fix for Snow Days

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

Problematic snow days are leading schools to look into holding "cyber days" on a limited basis, acknowledging that many logistical and economical obstacles remain in place.

Knowing Your Stakeholders Is Essential (Craig Douglass On Consumers)

by Craig Douglass 3/3/2014 12:00 am

A stake is more than a share. And as consumers — all types of consumers —understand their stake in the products, services, issues and people they choose, the better equipped they will be to influence producers and providers.

Little Rock Taking Lead in Switch to CNG (Bruce Moore Commentary)

by Bruce Moore 3/3/2014 12:00 am

This first quarter and in particular the month of March mean new cost savings for the city of Little Rock as it opens its first city-owned and operated compressed natural gas fueling station.

Fayetteville Chamber of Commerce To Seek Expansion of Rupple Road

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

The Fayetteville Chamber of Commerce will officially recommend four lanes of construction on Rupple Road in west Fayetteville. The Fayetteville City Council will hear arguments on the issue on March 18.

ExpressJet Airlines Guarantees Interview for Henderson Aviation Graduates

by Lee Hogan 2/27/2014 05:04 pm

The job search for Henderson State aviation students just got a bit easier with the announcement that ExpressJet Airlines Inc. has guaranteed an interview to any Henderson flight training graduate that meets specific qualifications.

John Hugg, Jill Darling Named Top Executives at Arkansas Business of the Year Awards

by Arkansas Business Staff 2/26/2014 07:31 am

Each year, Arkansas Business Publishing Group sponsors the awards to honor businesses in three categories related to number of employees as well as business executives, nonprofit executives and nonprofit organizations in Arkansas.

Roadrunner Transportation Buys Rich Logistics of Little Rock

by Arkansas Business Staff 2/25/2014 10:07 am

Roadrunner Transportation Systems Inc. of Cudahy, Wis., acquires Rich Logistics of Little Rock, a truckload carrier and expedited services provider, and Rich Logistics' contractor, Keith Everett, in a $48 million deal.

After 22 Years, Lane Kidd Ready for A New Stretch of Road

by Marty Cook 2/25/2014 08:22 am

Lane Kidd, president of the Arkansas Trucking Association for 22 years, talks about the next stage in his career, leading an investment and public relations company called The Kidd Group.