COVID-19 Batters Clinton National Airport 
by Arkansas Business Staff – 2 days ago
The pandemic's impact on the state's largest airport shows operating revenue down 33% in 2020 from the previous year.
The pandemic's impact on the state's largest airport shows operating revenue down 33% in 2020 from the previous year.
The COVID-19 pandemic sent hospitality tax collections in Arkansas plummeting last year, and the blow to some tourism bureaus in the state, which rely on the taxes for revenue, was even worse than those figures show.
The stage is set for an especially busy year of progress on the Delta Heritage Trail. Construction will be complete or in motion on more than 24 miles of biking-hiking pathway in east Arkansas backed by an estimated $9.4 million during 2021.
Renee Mauborgne, an economist and professor at international business graduate school INSEAD, will lead the third webcast in a series presented by Arkansas Business throughout 2021. read more >
International tourist arrivals fell 74% in 2020 compared with 2019, according to the World Tourism Organization. That's equal to a decline of about 1.1 billion international arrivals, a level not seen since the late 1980s and early 1990s. read more >
Brian Richardson has been chosen by Jonesboro Mayor Harold Copenhaver to serve as the city's chief administrative officer. read more >
Adrian Conley has been named business development manager, South region, for Holman Logistics of Kent, Washington. read more >
Many of Arkansas' current infrastructure projects require long-term plans that can be modified as needed, four industry professionals said during the “RechARge Arkansas: Regional Infrastructure Update” webinar. read more >
Goodyear Tire & Rubber Co. is acquiring Cooper in a deal with an equity value of $2.8 billion that will combine the two century-old Ohio manufacturers. read more >
Last week's winter weather event provided some egregious examples of facts without context. read more >
As Cary Martin of Little Rock Coaches prepared for a full schedule of charters, Mother Nature decided to dump a season's worth of bad weather on Arkansas in one week. read more >
Trust in information sources is at an all-time low, an infodemic. If trust is low across the board, and information sources cannot be trusted, can business leaders afford to wade into this ocean of trust? I propose business must lead and lead now. read more >
Since Jan. 1, 2020, about half of U.S. businesses continued to pay at least some of their workers told not to work because of the coronavirus pandemic, the federal Bureau of Labor Statistics reported last month. read more >
Since 1988, Arkansas Business has honored the state's top executives, small businesses and nonprofits with the annual Arkansas Business of the Year Awards. read more >
James Schafer, the human resources director for Phigenics of Fayetteville, talks to Arkansas Business about how his company works to attract and retain workers. read more >
A new state program using nearly $1 million from Volkswagen's environmental mitigation fund will offer rebates for companies and individuals installing electric vehicle charging stations in Arkansas. read more >
USA Truck Inc. of Van Buren reports fourth-quarter income of $5.9 million for 2020, an increase from a loss of $4.8 million in the same quarter a year ago. read more >
ArcBest Corp. of Fort Smith reports fourth-quarter 2020 profit of $23.9 million, up from a loss of $5.5 million in the same quarter of fiscal 2019. read more >
City planners in northwest Arkansas are trying to answer the same question: As the region continues to grow in population, how does a city plan its own growth and where can all the new family homes and other residential units go? read more >
The Arkansas State Police's Highway Patrol Division was still compiling the full-year statistics last week, but this much was clear: 2020 was significantly deadlier on Arkansas' roadways than typical. read more >
Another year, another moment to contemplate the Eurasia Group's list of 10 greatest global threats. read more >
J.B. Hunt Transport Services Inc. of Lowell will test hydrogen-fueled electric tractors next year as part of a pilot program. read more >
Arkansas' seasonally adjusted unemployment rate was 4.2% in December, down from 6.3% in November, the state Department of Workforce Services reported Tuesday. read more >
Tulip Farms Inc., led by Jimmy Winemiller, sold an affiliate of SunTrust Equity Funding of Atlanta an assembly of nearly 110 acres for Amazon.com's fulfillment center in North Little Rock. read more >
President Biden says he wants his administration to invest more in infrastructure than the country has seen since the Eisenhower administration. read more >
PAM Transport Services Inc. of Tontitown on Wednesday reported income of $14 million for the fourth quarter of 2020. read more >
President Joe Biden revoked the federal permit for the on-again, off-again Keystone XL oil pipeline on Wednesday, a move that will have ripple effects on Welspun Tubular LLC of Little Rock and the Little Rock Port. read more >
J.B. Hunt Transport Services Inc. of Lowell on Tuesday reported income of $154 million for the fourth quarter of fiscal 2020. read more >
Alston Construction Co. of Collierville, Tennessee, took out a $105 million building permit on Dec. 29 for an Amazon fulfillment center at 13001 U.S. 70 in North Little Rock. read more >
The Little Rock metropolitan statistical area saw its sharpest short-term job loss of modern history in April, with its service-oriented economy being especially vulnerable to the pandemic, a recent report by planning agency Metroplan shows. read more >
Tim Thorne will retire after 31 years with ArcBest Corp. of Fort Smith, the last 7 of which he spent as president of the company's ABF Freight less-than-truckload subsidiary. read more >
When 70-year-old Magnolia defense contractor Amfuel needed rescue from bankruptcy a little over a year ago, turnaround investors in Los Angeles swooped in like one of the military choppers the Arkansas manufacturer equips with bullet-resistant fuel tanks. read more >
Apartments, a commercial redevelopment, Lake Maumelle watershed land, a coffeehouse and commercial mail carrier facility kick off 2021 with a six-pack of million-dollar real estate transactions. read more >
