Transportation Archive

USA Truck CEO John Simone Treated for Lung Cancer

by Marty Cook and Lance Turner 5/7/2015 05:20 pm

USA Truck Inc. CEO John Simone said Thursday that he is being treated for lung cancer, and that while he and his doctors are optimistic, he's not sure yet when he'll return to the company. "I intend to return as soon as medically advisable, and I am hoping that will be sometime this summer," he wrote.

USA Truck Shareholders Re-Elect 3 to Company Board

by Marty Cook 5/7/2015 01:50 pm

Shareholders voted to re-elect three members of the company's board of directors and approved, in an advisory vote, of the company's executive compensation plan.

Asa Hutchinson Names Members of Highway Funding Working Group

by Arkansas Business Staff 5/6/2015 02:50 pm

Gov. Asa Hutchinson on Wednesday announced the members of the Working Group on Highway Funding as directed by executive order.

Fort Smith Keeps Top Spot in Arkansas Tech Business Index

by Arkansas Business Staff 5/6/2015 08:45 am

Fort Smith retained the top spot in the latest Arkansas Tech Business Index, released Wednesday. It has led the index in 10 of the 14 months Tech has produced the ATBI.

USA Truck Posts $1.1M 1Q Profit

by Marty Cook 5/5/2015 06:53 am

USA Truck Inc. of Van Buren on Tuesday reported first-quarter net income of $1.1 million, up from a $1.6 million loss in the same quarter last year.

Get Tickets Now to Arkansas Business Power Breakfast on Women Business Leaders

by Arkansas Business Staff 5/4/2015 10:48 am

Tickets are available to the next Arkansas Business Power Breakfast, which features experts who will share strategies on recruiting, retaining and inspiring women in the workplace to be leaders.

ArcBest Posts Best Quarter in 7 Years, $745K Net Income

by Lance Turner 5/4/2015 06:41 am

ArcBest Corp. of Fort Smith on Monday reported its best first quarter in seven years, citing $745,000 in profit versus a loss of $5.2 million in same the quarter last year.

USA Truck Upgrading Its Website

by Arkansas Business Staff 5/4/2015 12:00 am

2014 was the trucking company's first profitable year in six years, and its website is even older. Paul Silverlieb, who handles marketing for USA Truck, said the website hasn't been updated in nine years, and a third-party agency (he wouldn't say who) has been hired to design a new one.

Cross County Responds to Ambulance Suit

by Arkansas Business Staff 5/4/2015 12:00 am

Southern Ambulance of Wynne last month sued the county, members of the quorum court and its competitor, Ambulance Services of Forrest City LLC, which drives emergency vehicles under the name of Cross County EMS. Southern Ambulance said it has exclusive rights to the serve the approximately 17,500 people who live in the east Arkansas county, according to its lawsuit filed in Pulaski County Circuit Court.

Arkansas Northeastern College of Blytheville Starts $13M Construction Project

by Mark Friedman 5/4/2015 12:00 am

The center will be about 85,000 SF and combine three of the school's existing centers: the Harry L. Crisp Center, the Burdette Center and the Aircraft & Metals Engineering Center. The Crisp Center is for customized industrial training, which provides training for companies. Some of the training is for college credit and some isn't, Shemwell said.

National Gross Domestic Product Increases 2.4 Percent

by Arkansas Business Staff 5/4/2015 12:00 am

Real gross domestic product in the United States rose 2.4 percent last year compared with the previous year. Expanding were the private goods and private services sectors, while the government sector declined.

Consolidation Pares Roster of Arkansas Banks

by Gwen Moritz 5/4/2015 12:00 am

2014 started with 120 separate banks chartered in Arkansas and ended with 109. Two have become inactive in 2015.

Judy McReynolds: ArcBest Corp. Aiming for $3B in Revenue

by Marty Cook 5/1/2015 10:28 am

ArcBest Corp. of Fort Smith wants to be a $3 billion company in 2015, CEO and President Judy McReynolds said at the company's annual shareholders meeting Friday. ArcBest generated $2.6 billion in revenue in 2014, an increase of about 14 percent.

G.E. 'Butch' Rice Elected Chairman of Arkansas Trucking Association

by Marty Cook 4/30/2015 01:57 pm

G.E. “Butch” Rice III was elected chairman of the board of directors of the Arkansas Trucking Association on Thursday at the organization's conference.

Wal-Mart Driver Gets Award from Arkansas Trucking Association

by Marty Cook 4/29/2015 03:28 pm

Ken Jones, 59, has been driving for Wal-Mart Stores Inc. of Bentonville for almost 30 years. During that time, Jones has covered 3.7 million miles without a single accident

Turner Grain's Jason Coleman May Skip the Stand in Bankruptcy Case

by Arkansas Business Staff 4/27/2015 12:00 am

It looks like Jason Coleman won't be grilled about his involvement in the collapse of Turner Grain Merchandising Inc. of Brinkley.

The Cool Side of Warren Stephens

by Arkansas Business Staff 4/27/2015 12:00 am

The relationship between Marc Gorlin, the founder and CEO of Atlanta startup Roadie, and Warren Stephens, CEO of Stephens Inc., goes back to the late '90s, Gorlin says.

AHTD Director Scott Bennett Says Putting Plans on Hold Could Hurt the Road

by Arkansas Business Staff 4/27/2015 12:00 am

Scott Bennett began his career at the AHTD as a summer employee. After graduating college in 1989, he started working full time for the department's Planning & Research Division as a civil engineer.

‘Secret' Little Rock Company Priority1 Has Big Plans

by Marty Cook 4/27/2015 12:00 am

Priority1 Inc. of Little Rock is a logistics company that helps transportation companies find more efficient ways to ship products. Priority1 uses Web-based software — generally aimed at small- to mid-sized companies that spend up to $5 million annually on shipping — to help companies decide the most cost-efficient way to ship products.

Farmington Kum & Go Has New Owner (NWA Real Deals)

by Marty Cook 4/27/2015 12:00 am

The Kum & Go store in Farmington has a new owner after a sale-leaseback. A Springdale self-storage complex has been sold again after less than one year.

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