FedEx
The Economic Express (Hunter Field Editor’s Note)
FedEx is a reminder of the uncertainty that can surround economic development. read more >
by Hunter Field -
FedEx Founder Fred Smith, Who Revolutionized Package Delivery, Dies at 80
Smith founded FedEx in Little Rock, Arkansas, before moving the business to Memphis, Tennessee, in 1973. read more >
by Associated Press -
New $1B I-55 Bridge to Transform Memphis Traffic & Freight Flow
Nearly a billion dollars in funding has been secured for a new bridge over the Mississippi River at Memphis, with construction expected to begin by late 2026. read more >
by Kyle Massey -
Arkansas Transport Sector Sees Signs of Recovery
The freight recession may be easing as industry leaders like J.B. Hunt and ArcBest anticipate recovery, with excess capacity still impacting equilibrium. read more >
by Marty Cook -
Sultana Museum Hits $10M Fundraising Target
Construction bids for the project are expected to go out this month, with the museum eyeing an opening date in 2025. read more >
Sultana Museum Gets $1M Federal Grant
The project will be matched with $250,000 in local funds. read more >
A New Route to Wall Street (Lance Turner Editor’s Note)
Many of us hadn’t heard of special purpose acquisition companies, or SPACs, until last year, when they were suddenly everywhere. read more >
by Lance Turner -
Sealy & Co. Buys Warehouse in Little Rock
Sealy & Co. announced Friday its acquisition of the 303,369-SF FedEx Ground facility in southwest Little Rock as well as an 80,000-SF distribution warehouse in Flint, Michigan. read more >
Midtown FedEx Center Sold for $4.5M
This week, we welcome a quartet of million-dollar real estate transactions to the show. read more >
Memphis Bridge Waves Red Flag for Infrastructure
The shutdown of the Interstate 40 bridge over the Mississippi River and the subsequent logistical nightmare are shining a light on an age-old problem. America’s infrastructure is old. read more >
by Marty Cook -
Trailer Transaction Hauls in $3.6M (Real Deals)
Michael Rivalto of Memphis acquired the Superior Trailer Sales project at 10600 Maybelline Road from NLR Ark Investments LLC, led by Frank Deel III. read more >
by George Waldon -
Superior Trailer Sales Hitched to $3.6 Million Deal
A trailer dealership in North Little Rock, an overnight delivery project in Little Rock, a hotel in west Little Rock, a medical clinic in Sherwood, a home in the Heights area of Little Rock and a convenience store in southeast Pulaski County form this week’s six-pack of million-dollar transactions. read more >
FedEx Opens Little Rock Ground Facility, Employs 175
FedEx Corp. of Memphis marks the grand opening of its new 303,000-SF Ground facility in southwest Little Rock, where the company employs 175 people. read more >
by Alexis Crowe -
FedEx Development Delivers $31.7M Deal (Real Deals)
Wilark LLC, an affiliate of Realtech Construction Co. of Los Angeles, bought the 311,684-SF FedEx Ground facility in southwest Little Rock. read more >
by George Waldon -
Site Plan Details Truck Station for Southwest Little Rock
A site plan for a 305,000-SF package distribution warehouse and truck station for a large national company has been submitted to the Little Rock Planning and Development Department. read more >
by Lee Hogan -
FedEx Chooses El Dorado for New Shipping Facility
FedEx of Memphis will soon bid on a contractor to develop a 14,000-SF shipping center in El Dorado. read more >
by Luke Jones -
The Ones That Got Away: Big Projects That Slipped Past Arkansas
Arkansas has experienced some notable failures in its efforts to attract industry to the state. read more >
by Jan Cottingham -