Transportation Archive

Pay Tops $1 Million For Seven on Highest-paid Nonprofit Employees List

by Gwen Moritz 6/16/2014 12:00 am

Seven nonprofit employees in Arkansas who earned more than $1 million in the 2012 tax year are either medical doctors or hospital administrators, as are the vast majority of the 262 nonprofit employees whose compensation exceeding $215,000 is reported in this issue.

Conway Voters to Consider Bonds for Central Landing Street Improvements

by Lee Hogan 6/13/2014 03:33 pm

Conway voters will decide in a special election Sept. 9 whether a 1/8 cent sales tax will be rededicated to be used for special bonds to finish road work tied to the proposed Central Landing, a mixed-use redevelopment of the 151-acre municipal airport.

Shannon Newton Named President of Arkansas Trucking Association

by Arkansas Business Staff 6/11/2014 04:52 pm

Shannon Newton of Bryant has been named president of the Arkansas Trucking Association, the ATA's board announced on Wednesday.

Teamsters Fear ABF Freight's Plans to Move

by Marty Cook 6/9/2014 12:00 am

Tim Nichols, the head of Local 878, has 3,000 union members who work for 18 companies throughout the state. ArcBest Corp. of Fort Smith is leaning toward moving ABF Freight, its largest subsidiary, to Memphis, which would result in a major reduction of its operations in North Little Rock.

Recession Sees Cutbacks as Americans' Autos Get Older

by Arkansas Business Staff 6/9/2014 12:00 am

Americans reduced their annual spending on vehicles during the Great Recession, while at the same time the age of their vehicles increased, according to the U.S. Bureau of Labor Statistics.

Location, Location, Location (Editorial)

by Arkansas Business Editors 6/9/2014 12:00 am

For the Teamsters and for North Little Rock, there is no bright side To ABF Frieght considering a move to Memphis. For the state of Arkansas, the only hope is to persuade ABF that the west side of the intersection between I-40 and the Mississippi River would be as good as the east side.

Franklin McLarty Named to P.A.M. Board of Directors

by Marty Cook 6/5/2014 09:19 am

McLarty is president and CEO of RML Automotive and senior vice president and board member for the McLarty Cos. He will sit on the P.A.M. board's audit committee.

Arkansas Tells ABF Freight: Think About West Memphis for Terminal Move

by Marty Cook 6/3/2014 10:31 am

Arkansas Gov. Mike Beebe told union representatives he would not support cash incentives for ArcBest Corp.'s new Fort Smith headquarters after subsidiary ABF Freight said it is considering moving its North Little Rock distribution center to Memphis.

ArcBest Corp. Unveils $30M Plan for New Headquarters in Fort Smith

by Lance Turner and Marty Cook 5/30/2014 01:39 pm

ArcBest Corp. of Fort Smith said Friday that it will buy 40 acres of land at Chaffee Crossing in Fort Smith to build a new corporate headquarters. The $30 million project will allow the firm to support 975 new jobs in Fort Smith through 2021.

USA Truck Expands Board to 10, Adds Alexander Greene

by Marty Cook 5/30/2014 10:52 am

Alexander Greene, a managing partner with Brookfield Asset Management, joins the now 10-member board. USA Truck named Vadim Perelman and Thomas Glaser to the board on May 23.

Pryor, Boozman, Griffin Announce $2.3M for New Conway Airport

by Arkansas Business Staff 5/28/2014 04:33 pm

U.S. Sens. Mark Pryor and John Boozman and U.S. Rep. Tim Griffin on Wednesday announced a $2.3 million grant for the new Conway Municipal Airport.

Four Join List of 75 Largest Private Companies in Arkansas

by Gwen Moritz 5/26/2014 12:00 am

The 75 largest private companies in Arkansas generated total revenue — self-reported and estimated — of $31.15 billion in their most recent fiscal years, and the price of entry to the list was $88.8 million.

Little Rock's Replacement Parts Inc. Bumping Century Mark

by George Waldon 5/26/2014 12:00 am

Replacement Parts Inc. of Little Rock has gone about its business quietly growing into a regional concern. The venture's wholesale and retail subsidiaries generated combined revenue of $215 million in 2013, its 94th year of operations.

E-Z Mart Pursuing Upgrades to Stores, Products

by Jan Cottingham 5/26/2014 12:00 am

Sonja Hubbard describes herself as a “fixer.” And as a fixer, the CEO of E-Z Mart Inc. is searching for just the right mix of products and services for the company's 302 convenience stores.

Convenience Stores Head Up Energy List

by Luke Jones 5/26/2014 12:00 am

Convenience stores still top the list of the state's largest private companies in the energy sector, with one more added this year. This year, Flash Market Inc. of West Memphis, a convenience store chain and fuel retailer, remained at the top of the list.

Some Retailers See Surge in Revenue in 2013

by Mark Friedman 5/26/2014 12:00 am

About half of the retailers on this year's list of Arkansas' largest private companies enjoyed increased revenue in 2013. Of the 17 retailers among the 75 largest private companies, eight reported increases over 2012 figures, four remained flat and five reported lower revenue.

Driver Shortage Costing Trucking Companies

by Marty Cook 5/26/2014 12:00 am

Sure, Williams' Maverick USA Inc. of North Little Rock reported 2013 revenue of $315 million, an increase of nearly 10 percent from 2012, to hold onto its place as the second-largest private transportation company in Arkansas. But, if Williams had a few more — or a lot more — drivers, he could have used them.

Your Brain on Lists (Editorial)

by Arkansas Business Editors 5/26/2014 12:00 am

There is something in the human brain that likes to see data organized in lists. In our newsroom, we know that our weekly lists are primarily used for sales leads — that's a service to our audience that we are happy to perform.

I've Got a Tip for You (Gwen Moritz Editor's Note)

by Gwen Moritz 5/26/2014 12:00 am

Every other year since 2000, the Association of Certified Fraud Examiners has issued a big, thick study that it calls, ominously, “Report to the Nations on Occupational Fraud.” The eighth Report to the Nations was released this month, and it came to the same conclusion as earlier ones: A typical organization loses 5 percent of revenue each year to fraud.

Incoming LR Port Director Bryan Day on Its Role Keeping the Economy Afloat

by Arkansas Business Staff 5/26/2014 12:00 am

Bryan Day will assume the executive director's position at the Little Rock Port on June 23. He succeeds Paul Latture, who had been in the position since 1999 and announced his retirement earlier this year.

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