Transportation Archive

Thinking Big Rigs, Arkansas Company Cleans Up

by Todd Traub 2/16/2018 10:10 am

Whiting Systems Inc. manufactures brush and touchless wash gantries and drive-thrus, pressure washers and cleaning agents for industries relying heavily on trucks, trains, vans, buses and other large vehicles.

Tax Cut Boon to PAM Transport

by Marty Cook 2/15/2018 04:32 pm

PAM Transport Inc. of Tontitown reported 2017 fourth-quarter income of $31.5 million on Thursday, a spectacular increase from the $722,842 it reported in the same quarter of 2016.

Tom Garrison, Who Led American Freightways, Dies at 57

by Arkansas Business Staff 2/13/2018 01:51 pm

Thomas R. "Tom" Garrison, the former president and CEO of American Freightways Inc. of Harrison before its sale in 2001 to FedEx Corp., died Sunday. He was 57.

Tax Changes: The Good, Bad and Quirky

by Kyle Massey 2/12/2018 12:00 am

Arkansas Business asked a panel of tax experts for insights on the new code, which was signed by President Donald J. Trump in late December. After hitting the highlights, they delved into provisions that surprised them.

Biggest Deals of 2017: Arkansas Transactions Soar 50 Percent, Reach $14.7B

by Jan Cottingham 2/12/2018 12:00 am

Tax reform expected to increase pace, size of acquisitions in 2018.

Tax Rates Ranked No. 1 U.S. Obstacle by World Economic Forum

by Arkansas Business Staff 2/12/2018 12:00 am

The United States stands at No. 2 in overall business competitiveness out of 137 countries ranked, just behind Switzerland, according to the World Economic Forum's “Global Competitiveness Report 2017/2018.”

Federal Infrastructure Plan Looks Like Nightmare

by Marty Cook 2/12/2018 12:00 am

President Trump says his plan includes a $1.5 trillion fix for the nation's roads. It also leans on the states for most of the money and calls for private investments, like more toll roads.

Super Bowl Commercials: Tide Cleans Up, Alexa Speaks

by Kyle Massey 2/12/2018 12:00 am

Tide scored nearly a clean sweep, Alexa's voice came through for Amazon and the Rev. Martin Luther King Jr.'s voice was hijacked by Dodge Ram.

Clinton National Airport Announces Nonstop Flights to Austin

by Arkansas Business Staff 2/9/2018 10:44 am

The Clinton National Airport announced Friday that it will offer nonstop flights from Little Rock to Austin, Texas, effective April 29.

Tax Reform Boosts USA Truck's Bottom Line

by Marty Cook 2/2/2018 01:00 pm

USA Truck Inc. of Van Buren reports fourth-quarter and yearly profits, and the Tax Cut & Jobs Act had a big impact on the company's earnings.

Murphy Oil Posts Net Loss for 4Q, All of 2017

by Kyle Massey 1/31/2018 05:24 pm

Murphy Oil Corp. of El Dorado on Wednesday reported a fourth-quarter net loss from continuing operations of $285 million, or 1.65 per diluted share of stock, and a full 2017 net loss of $311 million, or $1.81 per diluted share.

Murphy USA 4Q Profit Hits $125M; 2017 Income Tops $245M

by Kyle Massey 1/31/2018 04:28 pm

Murphy USA reports a whopping fourth-quarter profit of nearly $125 million, partly the result of a deferred tax benefit of $89 million from the corporate tax cut enacted by Washington in December.

Tax Reform Fuels ArcBest's Big Income Gains

by Marty Cook 1/31/2018 10:27 am

ArcBest Corp. of Fort Smith reports robust fourth-quarter and fiscal-year income, much of it thanks to the recently implemented Tax Cut & Jobs Act that President Trump signed in December.

Trucking Association Announces Technician Scholarships

by Arkansas Business Staff 1/29/2018 10:37 am

The Arkansas Trucking Association announced Monday that it is accepting applications for a new scholarship for students interested in pursuing a career as a medium and heavy duty truck technician.

Your Virtual Staff Is Clocking In (Stephen Carlisle Expert Advice)

by Stephen Carlisle 1/29/2018 12:00 am

Businesses across the country have become increasingly flexible with regard to remote workers — those people who work from an off-site location on a project basis and aren't part of the company's full-time staff. It's an attractive model for employers and workers alike, and presents unique opportunities and challenges to both parties.

Cooler Heads (Editorial)

by Arkansas Business Editors 1/29/2018 12:00 am

Where NAFTA can be improved, it should be improved, but scrapping the pact in its entirety would create real economic pain in Arkansas.

Little Rock Warehouse Draws $4.5M Transaction (Real Deals)

by George Waldon 1/29/2018 12:00 am

An affiliate of Ligand Pharmaceuticals Inc. of San Diego, sold the Port Distribution Center at 6001 Lindsey Road to three buyers.

Arkansas' December Unemployment Rate Steady at 3.7 Percent

by Arkansas Business Staff 1/23/2018 09:47 am

Arkansas' December unemployment rate held steady at 3.7 percent.

Gender Diversity on Company Boards Accelerates in Arkansas

by Gwen Moritz 1/22/2018 12:00 am

Since November 2014, the last time Arkansas Business measured the estrogen fueling the state's publicly traded companies, the number of women directors has grown by more than 40 percent, and the number of all-male boards has been cut in half.

Must Be Present to Win (Gwen Moritz Editor's Note)

by Gwen Moritz 1/22/2018 12:00 am

There's a lot of truth in the observation that women tend to set higher standards for themselves — and it's a darn good thing, because they will be held to higher standards.