transportation
$9.2M Expansion Planned for Southeastern Freightlines Terminal at Little Rock Port
This week’s million-dollar deals includes construction contracts and real estate transactions in Little Rock and North Little Rock.
What businesses need to know about the Corporate Transparency Act.
Despite Little Rock voters rejecting a sales tax increase, the Port of Little Rock continues efforts to expand its industrial park, with ongoing land acquisitions and development plans aimed at attracting major industrial users.
CEO Shelley Simpson cited a tough freight environment in 2024, but emphasized investments in people and capacity for long-term growth.
JB Hunt Income Rises 1.3% in Q4, but Misses Wall Street Expectations
CEO Shelley Simpson cited a tough freight environment in 2024, but emphasized investments in people and capacity for long-term growth. read more >
Walmart to Unveil New 350-Acre Headquarters in Bentonville
The multibillion-dollar project "establishes a new standard for corporate headquarters," Walmart said. read more >
ArcBest Names New Chief Commercial and Strategy Officers
Eddie Sorg and Christopher Adkins will have new leadership roles with the company beginning Feb. 1. read more >
Fort Smith Awarded Nearly $25M to Expand Pedestrian Pathways
The Bass Reeves Legacy Loop Greenway Initiative is a 14-mile loop that will connect a number of Fort Smith landmarks, parks, greenspaces and neighborhoods. read more >
Northwest Arkansas Gets $25M Grant for Highway 112 Improvements
The grant supports projects designed to improve safety, reduce travel times and expand transportation options along a 17.5-mile stretch of the highway. read more >
Tokusen USA to Close Conway Factory as Market and Trade Challenges Mount
Tariffs on steel imports are among the headwinds the company faced. As many as 250 workers are losing their jobs. read more >
by Scott Carroll -
Longshoremen Reach Tentative Agreement With Ports, Shippers, Averting a Potential Strike
The International Longshoremen's Association union and the U.S. Maritime Alliance of ports and shipping companies said they had reached a tentative agreement for a six-year contract, a week ahead of a Jan. 15 deadline. read more >
by Associated Press -
US Dockworkers Threaten to Strike Against Automation, Creating Economic Uncertainty
If the standoff sounds familiar, it’s because the same dockworkers — members of the International Longshoremen’s Association — staged a three-day walkout last fall. read more >
by Associated Press -
US New Vehicle Sales Rose 2.7% Last Year as Prices and Interest Rates Dropped a Little
Industry analysts say discounts such as rebates and low-interest financing should get even better as 2025 rolls along, with the biggest deals to be had at dealerships representing automakers that had trouble selling in 2024. read more >
by Associated Press -
Finalized Tax Credit for Cleaner Hydrogen Gets a Cautious OK From Some Environmental Groups
The Biden administration is trying to ramp up hydrogen production to displace fossil fuels as an energy source for sectors of the economy that emit massive greenhouse gases, yet are difficult to electrify. read more >
by Associated Press -
Consumer Protection Agency Sues Walmart, Branch Alleging Illegal Pay Practices for Gig Drivers
Among the claims is that Walmart and scheduling platform Branch misled workers about the availability of same-day access to their earnings. read more >
by Associated Press -
William Miller Joins Envirotech as CFO
Miller, who owns a public accounting firm in Little Rock, replaces Franklin Lim, who resigned due to health reasons. read more >
America’s Car-Mart Swings Back to Profitability in Fiscal Q2
The results snapped Car-Mart's eight-quarter streak of declining profitability and sent shares of the company up more than 21%. read more >
Be Pro Be Proud Expands Leadership Team
Be Pro Be Proud has expanded its leadership team with a new business development manager, marketing manager, special events manager and state director for Alabama. read more >
ARDOT Awards $19.2M for Recreational Trails and Alternative Transportation Projects
A total of 65 projects around the state were awarded funds. read more >
Jared Wiley Named Next ARDOT Director; Philip Taldo Named Highway Commission Chair
Wiley is currently the department's chief engineer for preconstruction. He's been with ARDOT since 2005. read more >
Envirotech Narrows Q3 Losses, Acquires Government Contracting Firm
The electric vehicle maker said the acquisition of Maddox Industries is expected to deliver a multimillion-dollar revenue stream over the next three years. read more >
ARDOT Director Lorie Tudor to Retire
Tudor began her career with the department in 1981 as a clerk typist. As director, she oversaw the largest project in department history. read more >
Metroplan Awarded $913K Road Safety Grant
Funds will be used to address key safety issues in high-speed intersections and EMS operations. read more >
Little Rock and Atlanta Truck Parking Firms to Merge
Little Rock's Truck Park Management is merging with TRUX of Atlanta to form the largest truck parking management company in the U.S., addressing critical parking shortages with plans to develop 300 lots nationwide. read more >
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Arkansas Flexes Regulatory Power With Enforcement Actions Against Financial Giants
