Transportation Archive

Burton Weis Lands at J.B. Hunt

by Arkansas Business Staff 4/4/2016 12:00 am

Former USA Truck executive Burton Weis is now director of driver personnel at J.B. Hunt Transport Inc. of Lowell.

Led by Former USA Truck Execs, Trekker Ramps Up in Fayetteville

by Arkansas Business Staff 4/4/2016 12:00 am

Trekker opened an office in Fayetteville earlier this year at 1810 N. Crossover Road and moved all its customer service operations to the location.

LM Wind Power to Build 44K-SF Warehouse at Little Rock Port

by Lance Turner 4/1/2016 11:18 am

LM Wind Power said Friday that it will consolidate its two Little Rock operations at the city's port and build a new 44,000-SF warehouse there to open in July.

Former USA Truck CEO John Simone Dies at 54

by Marty Cook 3/28/2016 01:59 pm

John Simone, the former CEO of USA Truck Inc. of Van Buren, died Thursday in Fernandina Beach, Florida. He was 54.

Whisenhunt's $19M Cash Bet In Northwest Arkansas Pays Off

by Marty Cook 3/28/2016 12:00 am

In March 2012, Joe Whisenhunt placed a $19 million bet on northwest Arkansas and, four years later, it's looking like a winner.

Pulaski County Commercial Real Estate Deals Top $641M

by George Waldon 3/28/2016 12:00 am

The dollar total of $1 million-plus commercial real estate transactions in Pulaski County grew by 7 percent during 2015. Eight of the 25 largest commercial real estate deals in Washington County centered on apartments during 2015, and two more transactions involved land bought for multifamily development.

WLR Dealership Combo Generates $10.3M Sale (Real Deals)

by George Waldon 3/28/2016 12:00 am

MAG-AR I Colonel Glenn LLC, led by Mark McLarty, purchased the 17,690-SF North Point Nissan facility at 1 Col. Glenn Plaza Drive. MAG-AR 6030 Landers Road LLC, another McLarty Auto Group affiliate, bought the 18,130-SF North Point Mazda facility at 6030 Landers Road in North Little Rock for $2.8 million.

Arkansas February Unemployment Rate Falls to 4.2 Percent

by Lance Turner 3/25/2016 09:19 am

Arkansas' February unemployment rate is 4.2 percent, down from 4.4. percent in January and 5.6 percent in the same month last year, according to report Friday from the state Department of Workforce Services.

USA Truck Adds Susan Chambers to Board

by Marty Cook 3/25/2016 08:26 am

USA Truck Inc. of Van Buren appointed Susan Chambers to its board of directors.

PAM Executives See Increased Salaries, Lower Total Compensations

by Marty Cook 3/22/2016 04:41 pm

President and CEO Dan Cushman of PAM Transport Inc. of Tontitown received a salary bump but his overall compensation was lower in 2015, according to a proxy statement filed by the company with the Securities & Exchange Commission.

Coulson Sees Costly Changes Ahead for Gas Stations

by Alexis Hosticka 3/22/2016 03:22 pm

Beginning in October 2017, pay-at-the-pump gas stations will be required to use machines that accept EMV credit cards, a potentially expensive adjustment, according to Coulson Oil Co. Chairman Mike Coulson.

Core Brewing Still Growing; Distillery Next

by Jan Cottingham 3/21/2016 12:00 am

Jesse Core, founder of craft brewer Core Brewing & Distilling Co. of Springdale, is busier than ever these days, but he took time earlier this month to fill Arkansas Business in on his rapidly expanding enterprise, founded only six years ago.

Arkansas Business Presents The Power List 2016

by Gwen Moritz 3/21/2016 12:00 am

The total number on our list this time is 179, but our goal has never been a particular number. Our goal is to give readers a resource to help navigate the leadership of the largest companies or institutions in the individual industries. And some industries have broader bases than others.

Arkansas' Unemployment Rate Falls to 4.4 Percent

by Alexis Hosticka 3/14/2016 10:36 am

Arkansas' seasonally adjusted unemployment rate dropped three-tenths of a percentage point from December to 4.4 percent in January, according to a report Monday by the Arkansas Department of Workforce Services.

Downtown Little Rock Attracts More Hoteliers

by George Waldon 3/14/2016 12:00 am

Downtown Little Rock has drawn the attention of three hotel developers who have invested more than $7.3 million to secure locations.

A Warehousing Motto: ‘We Will Own Stuff'

by Marty Cook 3/14/2016 12:00 am

Spartan Logistics is a trucking-warehouse company, but the Ed and Steve Harmon have vertically integrated their entire enterprise. Steve Harmon, the company's managing director, said Spartan Logistics operates 3.6 million SF of warehouse space in 16 locations across four states.

Kane Webb on Leading the Life of Leisure at Parks & Tourism

by Arkansas Business Staff 3/14/2016 12:00 am

Kane Webb was appointed executive director of the Parks & Tourism Department in 2015 by Gov. Asa Hutchinson.

Exception to Road Rule Helps Northeast Arkansas Get I-555

by George Jared 3/12/2016 12:27 pm

It has taken more than four decades, but northeast Arkansas finally has an interstate. "This will significantly impact the economy in this part of the state," Arkansas Highway and Transportation Department district 10 Engineer Walter McMillan said.

J.B. Hunt Executives See Salaries Rise in 2015

by Marty Cook 3/11/2016 09:03 am

John Roberts III, president and CEO of J.B. Hunt Transport Services Inc. of Lowell, earned $1 million more in 2015 than he did in 2014.

ArcBest CEO Judy McReynolds Got $2.3M in Compensation in 2015

by Marty Cook 3/10/2016 11:49 am

ArcBest Corp. CEO Judy McReynolds made $2.26 million in 2015, down slightly from the $2.3 million she made in 2014, the company reported in its annual proxy statement filed with the Securities & Exchange Commission.