ARDOT Awarded $1M to Purchase Debris Removal Devices
The department will use the funds to purchase 20 to 25 new Lane Blade attachments, giving it the largest fleet of the devices in the country. read more >
Hunt Family Pledges $100M for University of Arkansas Scholarships
The planned gift makes up half of the fundraising goal for the university's Land of Opportunity Scholarship campaign. read more >
Holding Company for PAM Transport Moves Charter From Delaware to Nevada
Shareholders also approved a related proposal to increase the authorized shares of common stock in the company from 50 million to 100 million. read more >
J.B. Hunt Announces Executive Leadership Changes
J.B. Hunt has announced three key changes to its executive leadership team. read more >
University of Arkansas Professor Wins $997K Grant for Electric Vehicle Research
The Department of Energy awarded the funds for research into high-voltage power modules that could make electric vehicle charging stations smaller, more efficient and more reliable. read more >
State Gets $44M Federal Grant to Rehab Helena Bridge Over Mississippi River
The project also will increase the load rating of the bridge and give it a service life of 20 to 25 years. read more >
ArcBest Income Jumps in Q3, but Misses Wall Street Expectations
Profits rose due to a reduction in payouts related to the company’s 2021 acquisition of MoLo Solutions of Chicago. read more >
Murphy USA Income Falls 11% in Q3, Still Tops Wall Street Forecasts
CEO Andrew Clyde noted “continued headwinds” in the company’s QuickChek markets in the Northeast. read more >
Buc-ee’s Plans Location in West Memphis
The West Memphis location is the second Buc-ee's is developing in Arkansas. read more >
West Memphis Rail Project Gets $5.2M Federal Grant
The project includes installation of new yard track and new sidings for the West Memphis Base Railroad, owned by Jaguar Transport Holdings LLC. read more >
PAM Transport Reports Drop in Q3 Profits
CEO Joe Vitiritto cited inflationary pressures but noted signs of market recovery. read more >
State of the NWA Region Report Says Innovation Still Key
A State of the Northwest Arkansas Region panel addressed what companies can do to keep the momentum of growth in the region going. read more >
by Marty Cook -
Manhattan Road & Bridge Wins $283M Contract for First Phase of I-49 Extension Project
The company will construct a 3.1-mile stretch of I-49 between Highway 22 and Gun Club Road that includes a new bridge across the Arkansas River. read more >
J.B. Hunt Profit Continues Downward Trend in Q3, but Tops Wall Street Expectations
Shares of the company jumped 7% in after-hours trading Tuesday. read more >
Metroplan Awards $17.4M to Transportation Projects in Central Arkansas
Sherwood received the largest grant, a $4 million award, for roadway improvements on Jacksonville Cato Road from Lybrand Drive to Highway 107. read more >
Dockworkers’ Union Suspends Strike Until Jan. 15 to Allow Time to Negotiate New Contract
A person briefed on the agreement said the ports sweetened their wage offer from about 50% over six years to 62%. read more >
by Associated Press -
J.B. Hunt and UP.Labs Partner to Establish Logistics Venture Lab
The project aims to launch up to six startups over the next three years in hopes of solving strategic challenges within the industry. read more >
Little Rock Startup Launches Truck Parking App After $15M Capital Raise
The app, Trucklots, will allow drivers and fleets to make parking reservations for easier check-ins and check-outs at parking lots. read more >
Dockworkers May Have the Negotiating Advantage In Their Strike Against US Ports
The dockworkers' negotiating stand is likely further strengthened by the nation's supply chain of goods being under pressure in the aftermath of Hurricane Helene, which has coincided with the peak shipping season for holiday goods. read more >
by Associated Press -
Dockworkers Go On a Strike That Could Reignite Inflation and Cause Shortages In The Holiday Season
Workers began walking picket lines early Tuesday in a strike over wages and automation even though progress had been reported in contract talks. The contract between the ports and about 45,000 members of the International Longshoremen’s Association expired at midnight. read more >
by Associated Press -
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