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Manufacturing, overall economy softens in January
Economic activity in the U.S. manufacturing sector moderated for the third consecutive month, while the overall economy contracted for the second month in a row in January, according to the…
Author: Jeff Della Rosa
by - January 31, 2023 4:00 pm
Trucking economist optimistic about second half of 2023
A trucking industry economist provided a glass-half-full view in his overview of the U.S. economy and the freight market that’s expected to improve in the second half of the year…
by - January 31, 2023 12:47 pm
J.B. Hunt inducted into MD Anderson philanthropic society
Lowell-based carrier J.B. Hunt Transport Services Inc. was inducted into The Anderson Assembly at the University of Texas MD Anderson Cancer Center after giving $1 million to the cancer center….
by - January 29, 2023 9:56 am
Then & Now: Hood finds balance in Home Depot role
Editor’s Note: The following story appeared in the Jan. 16 issue of the Northwest Arkansas Business Journal. “Then & Now” is a profile of a past member of the Business…
by - January 26, 2023 12:14 pm
State of the State 2023: Energy leaders hopeful this year after multiple 2022 surprises
Energy industry officials look to greater stability, advanced energy investments and beneficial policies after facing multiple unexpected challenges last year. Surprises included Russia’s invasion of Ukraine and price volatility that…
by - January 25, 2023 2:35 pm
Global wilderness education event to be hosted in Bentonville
Black Mountain, N.C.-based Wilderness Education Association Inc. will host its 34th annual International Conference on Outdoor Leadership in Bentonville. The conference will take place Feb. 8-11 and is open to…
by - January 24, 2023 12:11 pm
State of the State 2023: Trucking industry braces for easing demand, recession
The trucking industry overcame multiple challenges in 2022, including some surprises, as the industry shifted from the COVID-19 pandemic into something more normal. With 2022 in the rearview, 2023 brings…
by - January 23, 2023 2:52 pm
Resplendent Arkansas launches in Fayetteville
The Arkansas branch of Austin, Texas-based Resplendent Agency recently became an independent company to focus on its Arkansas clients. Resplendent Arkansas is the temporary brand, said Andrea Ritchie, president of…
by - January 22, 2023 11:24 am
UA incubator selects 6 startups for third cohort
The University of Arkansas announced Friday (Jan. 20) that six startups will participate in the third cohort of the Greenhouse Outdoor Recreation Program (GORP). The spring 2023 cohort includes five…
by - January 19, 2023 3:51 pm
J.B. Hunt to pay 42-cent dividend in February
Lowell-based carrier J.B. Hunt Transport Services Inc. announced Thursday (Jan. 19) it will pay a cash dividend of 42 cents per share on Feb. 24 to shareholders of record as…
by - January 18, 2023 9:40 am
J.B. Hunt 4Q earnings fall, revenue rises
Lowell-based carrier J.B. Hunt Transport Services Inc. missed earnings and revenue expectations amid a softer freight market in the fourth quarter of 2022. Still, revenue rose by 4.3%, while earnings…
by - January 14, 2023 10:37 am
CACHE wants participants for economic impact study
Regional arts organization Creative Arkansas Community Hub & Exchange (CACHE) is seeking feedback from arts and culture organizations and their attendees for a nationwide economic impact study. CACHE is part…
by - January 12, 2023 12:24 pm
Economists say decline in used vehicle prices may not spur demand
Used vehicle prices in the United States are expected to moderate as rising interest rates and new vehicle supply impact used vehicle demand, according to vehicle market economists. However, used…
by - January 11, 2023 3:19 pm
Stephens analysts expect J.B. Hunt 4Q earnings, revenue to rise
Analysts said that Lowell-based carrier J.B. Hunt Transport Services Inc. is expected to post an increase in fourth-quarter earnings amid a soft freight market. Meanwhile, J.B. Hunt has reached a…
by - January 10, 2023 3:12 pm
Report: Fuels consumption to hit global record in 2024; crude oil prices to fall
Global liquid fuel consumption is expected to exceed 100 million barrels per day in 2023 before reaching record highs in 2024, according to the U.S. Energy Information Administration (EIA). Consumption…
by - January 5, 2023 9:47 am
Onyx, NBA All-Star collaborate on coffee
An international partnership led Rogers-based Onyx Coffee Lab to team up with NBA player Jimmy Butler for a limited-release, competition-level coffee. Onyx co-founder Jon Allen said Butler reached out to…
by - January 4, 2023 1:20 pm
U.S. economy, manufacturing sector shrank in December, ISM data show
Economic activity in the U.S. manufacturing sector and the overall economy contracted in December, according to the Institute for Supply Management (ISM). December was the first month that ISM data…
by - January 4, 2023 12:51 pm
Energy group launches apprenticeship program with $2 million state grant
The educational affiliate of Little Rock-based Arkansas Advanced Energy Association has established an apprenticeship program and hired a director of workforce development, according to a Wednesday (Jan. 4) news release….
by - January 3, 2023 3:45 pm
XNA projects to receive $13.41 million in federal money
A new control tower and connector road for Northwest Arkansas National Airport (XNA) in Highfill will receive more than half of the $25.6 million in federal funding for 11 projects…
by - January 3, 2023 12:36 pm
Then & Now: Janacek seeks growth in remodeling business
Editor’s Note: The following story appeared in the Dec. 19 issue of the Northwest Arkansas Business Journal. “Then & Now” is a profile of a past member of the Business…