Transportation Archive

Report: Jonesboro Weathered Recession Well, Leads State in Job Growth

by George Jared 2/12/2016 08:54 am

Jonesboro fared much better than other Arkansas cities during the economic downturn, and its job growth continues to be a standard-bearer in the Natural State.

Glo Airlines Adds Direct Flights from Little Rock to Destin

by Arkansas Business Staff 2/11/2016 10:23 am

Regional air service provider Glo of New Orleans announced Thursday it will expand its non-stop service from Little Rock to to Florida's Emerald Coast.

PAM Transport Reports Record Quarterly, Yearly Earnings

by Marty Cook 2/9/2016 01:06 pm

PAM Transport Inc. of Tontitown reports fourth-quarter income of $3.2 million, up from $2.1 million in the same quarter of 2014.

USA Truck Hires Craig, Loses Weindel

by Marty Cook 2/9/2016 11:07 am

USA Truck Inc. of Van Buren hired Jim Craig to fill the new position of president of Strategic Capacity Solutions.

Cities in Arkansas Scrambling to Fill Vacant Walmart Locations

by Mark Friedman 2/8/2016 12:00 am

Since Wal-Mart Stores Inc. announced last month it was closing 154 stores in the United States, Gentry Mayor Kevin Johnston has been on the phone and sending emails trying to attract a grocery store to the Benton County town.

Arkansas Sees Volume, Value of Biggest Deals Drop

by Jan Cottingham 2/8/2016 12:00 am

The value of mergers and acquisitions last year reached a record high worldwide and in the United States, but Arkansas was a different story. The known value of big deals in the state — those worth $9 million or more — fell 53 percent in 2015 compared with 2014, to $8.8 billion compared with $16.6 billion.

Personal Income in Arkansas Metro Areas See Increase

by Arkansas Business Staff 2/8/2016 12:00 am

The eight metropolitan areas of Arkansas reported increases in local area personal income in 2014, with growth ranging from 1.6 percent in Pine Bluff to 4.1 percent in Fort Smith.

ArcBest 4Q Income Down 66 Percent

by Arkansas Business Staff 2/3/2016 10:56 am

ArcBest Corp. of Fort Smith reported fourth-quarter income of $4.9 million, down 66 percent from the $14.5 million it reported in the same quarter of 2014.

ArcBest CEO Judy McReynolds to Replace Board Chair Robert Young

by Arkansas Business Staff 2/2/2016 03:31 pm

ArcBest Corp. of Fort Smith says President and CEO Judy McReynolds has been elected chairman of the publicly traded company's board of directors. She will replace Robert Young III, a former company CEO, who is retiring.

USA Truck 4Q Profit Up 8 Percent

by Marty Cook 2/2/2016 10:29 am

USA Truck Inc. of Van Buren on Tuesday reported fourth-quarter profit of $3.9 million, an 8 percent increase from $3.6 million in the same quarter of last year.

Crain Automotive Expands to Fort Smith

by Arkansas Business Staff 2/1/2016 12:00 am

The Crain Automotive Group is adding two more dealerships to its portfolio. Crain bought the Kia dealership and will rename it Crain Kia of Fort Smith, and it also bought the Hyundai dealership and will rename it Crain Hyundai of Fort Smith.

Arkansas Trucking Featured in Washington Post Story

by Arkansas Business Staff 2/1/2016 12:00 am

A recent item in the Washington Post about driver retention in the trucking industry mentioned several Arkansas sources.

I-30 Changes Worry East Little Rock Property Owners

by George Waldon 2/1/2016 12:00 am

The unknown changes wrought by a future improvement of Interstate 30 have downtown Little Rock players concerned.

StudioMAIN Developing LR Financial Quarter

by Mark Carter 2/1/2016 12:00 am

Aiming to help downtown revitalization reach its true potential, a nonprofit group called StudioMAIN has unveiled plans to market an area of downtown it's calling the Financial Quarter.

Quartet of Apartments Produces $49.6M Buy (Real Deals)

by George Waldon 2/1/2016 12:00 am

Fairfield Apartments, Berkley Apartments, Pleasant Pointe Apartments and Valley Crossing Apartments, all in west Little Rock, were sold to affiliates of Monarch Investments of Colorado.

Facebook Posts Raise Questions For Employers

by Mark Friedman 2/1/2016 12:00 am

The Arkansas Court of Appeals ruled in December that a woman who was fired for posting “arguably” critical comments about her employer on Facebook could receive unemployment benefits. It's the latest decision in an escalating legal war between employment and social media.

Architect Kyle Cook Says Jonesboro Region's Growth Keeps Him Close to Home

by Arkansas Business Staff 2/1/2016 12:00 am

Kyle Cook, president of Brackett Krennerich & Associates, says broad experience is the ticket to working in northeast Arkansas.

EPA: Crittenden County Meets Ozone Standard

by Mark Carter 1/28/2016 02:56 pm

The U.S. Environmental Protection Agency announced Thursday that it plans to approve a state request to designate Crittenden County in northeast Arkansas as having met the federal 2008 ozone standard.

Arkansas Unemployment Rate Drops to 4.8 Percent

by Arkansas Business Staff 1/26/2016 10:26 am

Arkansas' seasonally adjusted unemployment rate dropped two-tenths of a percentage point, from 5 percent in November to 4.8 percent in December.

Automobile Dealers Expand Their Holdings

by Marty Cook 1/25/2016 12:00 am

Mark McLarty, whose McLarty Automotive Group has purchased a handful of dealerships in Arkansas and Missouri in the past 18 months, isn't alone in building a dealership portfolio.