Transportation Archive

AHTD Uses Lessons Learned Last Winter

by Marty Cook 3/30/2015 12:00 am

It might not look it, but Arkansas has some of the most highway miles in the country with more than 16,000, ranking it 12th in the United States. Throw in more than 7,000 bridges, and the Arkansas Highway & Transportation Department understandably can be overwhelmed when an ice storm sweeps though the state.

US Economic Growth Might Be Mild, But It's Also Really Durable

by Associated Press 3/27/2015 11:45 am

The U.S. economy's tepid performance last quarter — a 2.2 percent annual growth rate, the government said Friday — was typical of the economic rebound that began in the summer of 2009.

PAM Executives Got Pay Bumps After Profitable 2014

by Marty Cook 3/27/2015 10:33 am

President and CEO Dan Cushman received total compensation of $1.38 million in 2014, according to a proxy statement filed with the SEC. Cushman made $720,034 in 2013. The pay increase came after a year in which PAM posted net income of $13.5 million, an increase of 129 percent from 2013.

Arkansas Jobless Rate Down to 5.5 Percent

by Arkansas Business Staff 3/27/2015 09:47 am

The state's unemployment rate fell to 5.5 percent in February, down a tenth of a percentage point from January, according to data released Friday by the state Department of Workforce Services.

Asa Hutchinson Names Mike Preston as New AEDC Director

by Arkansas Business Staff 3/26/2015 10:58 am

Gov. Asa Hutchinson on Thursday announced Mike Preston as the new executive director of the Arkansas Economic Development Commission.

Arkansas State University to Hold Women's Business Leadership Conference April 2

by Arkansas Business Staff 3/23/2015 02:41 pm

Arkansas State University in Jonesboro is holding a Women's Business Leadership Conference on April 2 in Centennial Hall at the Carl R. Reng Student Union and at the Delta Center for Economic Development.

Harps Sherwood Store Delayed by Dunkin' Donuts Details

by Arkansas Business Staff 3/23/2015 12:00 am

The site of a future Harps Foods Store at the northwest corner of Highway 107 and Oakdale Road has been graded, but no plan had been submitted to Sherwood city planners as of Thursday.

Conway Builders Enjoying Boom as City Expands

by Sean Beherec 3/23/2015 12:00 am

The city of Conway is on the verge — if it hasn't reached it yet — of a boom in commercial real estate availability. Just up Interstate 40 from Little Rock, the city has been the host of several recent development projects and is set to begin more in the coming years.

Arkansas Unemployment Rate Falls to 5.6 Percent in January

by Arkansas Business Staff 3/17/2015 10:17 am

The state's unemployment rate fell to 5.6 percent to January from December, and is a full percentage point below what it was the same time last year.

J.B. Hunt CEO's Pay at $4.3M in 2014

by Marty Cook 3/16/2015 10:10 am

John N. Roberts III, the president and CEO of J.B. Hunt Transport Services Inc. of Lowell, was paid more than $4.3 million in 2014 and exercised stock options for another $906,752.

ArcBest Corp. CEO Gets $2.3M in 2014 Compensation

by Marty Cook 3/13/2015 12:00 pm

ArcBest Corp. CEO Judy McReynolds made more than $2.3 million in 2014 thanks to a combination of cash incentives that totaled more than $1.3 million, the company said in its annual proxy statement.

USA Truck Expands West Memphis Terminal to Train Drivers

by Marty Cook 3/12/2015 11:53 am

USA Truck of Van Buren is expanding its West Memphis terminal in the hopes of adding to its operations in the future. Burton Weis says USA Truck is studying possible expansion at facilities in other markets but no decision has been made.

Former Fayetteville Business Owner Found Guilty of Bank Fraud

by Mark Friedman 3/9/2015 05:39 pm

A U.S. District Court jury in Fayetteville found the former owner of a defunct Fayetteville leasing company guilty Monday of two counts of bank fraud against First Security Bank.

Arkansas River Resource Center Receives LEED Certification

by Arkansas Business Staff 3/9/2015 03:27 pm

The Little Rock Port Authority's Arkansas River Resource Center has been awarded LEED certification, the authority announced Monday.

Advanced Tech Tools Optimize Savings, Efficiency in Trucking

by Marty Cook 3/9/2015 12:00 am

Trucking companies have come a long way from T-cards and pay phones. Today's drivers have GPS, USB ports, instant messaging, and in some cases, their own company meteorologists as tools to get from one checkpoint to the next.

Cuba Attitude Shift Holds Promise For Arkansas Rice and Poultry Farmers

by Rick Fahr 3/9/2015 12:00 am

Tangible progress under the Obama administration is opening the door for the United States and Cuba to normalize relations. If Congress votes to lift the trade ban, few industrial sectors stand to gain as much as agriculture in general and Arkansas rice and poultry farmers in particular.

Farmers' Use Of Drones Up In The Air

by Rick Fahr 3/9/2015 12:00 am

In the ongoing conflict between conventional agriculture and emerging technologies, some innovations are finding favor while others confront hurdles.

Nine Billionaires with Arkansas Ties Make Forbes 500 List

by Mark Carter 3/2/2015 10:33 am

Nine billionaires with Arkansas ties find themselves on the most recent Forbes 500 list of the world's richest people, released this week.

Central Arkansas Industrial Vacancy Rate Slips

by Arkansas Business Staff 3/2/2015 12:00 am

The vacancy rate for industrial space in central Arkansas fell slightly in fourth-quarter 2014, slipping to 11.6 percent compared with 11.7 percent in the third quarter and 11.8 percent in fourth-quarter 2013.

Aerospace Industry Works To Get Word Out

by Marty Cook 3/2/2015 12:00 am

The seventh annual Arkansas Aerospace Summit will be held March 10-11 at the Crowne Plaza in Little Rock. It is being hosted by the Arkansas Aerospace & Defense Alliance, a group of aerospace companies that was formed in 2012.

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