by - October 31, 2018 3:00 pm
XNA to expand security checkpoint
A 30-foot renovation to the security checkpoint at Northwest Arkansas Regional Airport (XNA) about 12 years ago was supposed to add enough extra capacity to last 20 years, but growth…
Author: Jeff Della Rosa
by - October 30, 2018 5:57 pm
President Trump pushes for greater access to retirement plans
President Donald Trump wants to increase access to retirement plans, reduce costs to offer them and change required withdrawals from them to ensure retirees don’t run out of savings in…
by - October 26, 2018 4:51 pm
Rep. Steve Womack, area businesses encourage students to consider technical career
U.S. Rep. Steve Womack, R-Rogers, encouraged nearly 1,000 students from Northwest Arkansas high schools and Springdale-based Northwest Technical Institute (NWTI) to seek a technical education. Womack spoke to the students…
by - October 25, 2018 2:23 pm
Used vehicle prices rise after tariff talk; Car-Mart sees no impact from tariffs
Starting in early June, used vehicle prices started to rise, and Jonathan Smoke, chief economist of Cox Automotive, attributed the abnormal summer increase to tariffs. Smoke, who also compiles the…
by - October 24, 2018 5:42 pm
XNA authority promotes Kelly Johnson to chief operating officer
Airport Director Kelly Johnson of the Northwest Arkansas Regional Airport (XNA) in Highfill has been promoted to chief operating officer and will start in the position Nov. 1. Members of…
by - October 23, 2018 6:00 pm
Electric, automated vehicles continue to evolve; technology revolution in ‘opening credits’
Craig Harper, chief operating officer of Lowell-based carrier J.B. Hunt Transport Services, explained the advantages of electric vehicles and how automated technology has improved vehicle safety in his keynote address…
by - October 22, 2018 5:09 pm
Blendoor works to increase workplace diversity, reduce unconscious bias
Stephanie Lampkin, founder and CEO of Silicon Valley company Blendoor, is focused on increasing diversity and reducing unconscious bias in technology companies. Lampkin, who earned an engineering degree from Stanford…
by - October 17, 2018 4:08 pm
XNA offers $205,000 annual salary to next CEO, executive director
Northwest Arkansas Regional Airport Authority approved an annual salary of $205,000 for Aaron Burkes, the next CEO and executive director for the Highfill-based airport. Burkes accepted the offer after an…
by - October 15, 2018 7:38 pm
J.B. Hunt profit increases 31%, revenue up 20% in third quarter
J.B. Hunt Transport Services net income rose 30.6% and revenue increased 19.9% in the third quarter but missed analyst expectations as customer rate increases were partially offset by increases in…
by - October 15, 2018 12:23 pm
SEC studies changing financial reporting for public companies
President Donald Trump recently used Twitter to praise a business leader’s desire to reduce the number of times public companies must issue financial reports, from quarterly to twice annually, and…
by - October 12, 2018 3:48 pm
P.A.M. earnings rise 168%, revenue up 28% in third quarter
Tontitown-based carrier P.A.M. Transportation Services’ net income rose 168.4% and revenue increased 28.9% in the third-quarter as it received rate increases from customers and grew its fleet by 11% fleet….
by - October 12, 2018 11:00 am
Then & Now: Former Walmart, Sears exec Jim Haworth leads Outdoor Cap as CEO
EDITOR’S NOTE: The following story appeared in the Oct. 1 issue of the Northwest Arkansas Business Journal. “Then & Now” is a profile of a past member of the Business Journal’s…
by - October 10, 2018 5:30 pm
J.B. Hunt offers earnings guidance, analysts expect $1.42 per share in third quarter
Lowell-based carrier J.B. Hunt Transport Services is expected to report third-quarter profit to rise 56% to $1.42 per share, based on a consensus of 22 analysts, but that estimate was…
by - October 9, 2018 10:01 am
Home prices rise, multifamily vacancy rate falls in Northwest Arkansas
Average home prices continued to rise and reached record highs in the first half of 2018 in Northwest Arkansas as construction costs increased and lot availability declined, according to a…
by - October 8, 2018 2:17 pm
Peak season for the trucking industry arrives, spot market moderates
Carriers should benefit from premium freight opportunities in the fourth quarter as they did last year, but leading up to peak shipping season, spot truckload demand fell from levels earlier…
by - October 4, 2018 11:50 am
Fayetteville startup LIVSN kicks off clothing sales
Fayetteville-based clothing company LIVSN Designs recently started to sell its clothing through a Kickstarter campaign to raise $30,000 before apparel production begins. Fayetteville native Andrew Gibbs-Dabney launched the company on…
by - October 3, 2018 7:05 pm
Healthy economy impacts freight capacity, expectations for peak cycle growth
The transportation sector is benefiting from a healthy economy, and this has led to tight truckload and intermodal capacity and expectations for a strong peak season, analysts said. Also tightening…
by - October 3, 2018 5:45 pm
Rogers to overpass Interstate 49, improve street grid
Interstate 49 divides Rogers like a stream or railroad, and the city has plans to improve connectivity from one side of the interstate to the other by building several overpasses….
by - October 2, 2018 6:37 pm
Springdale Municipal Airport reopens runway after $2.2 million resurfacing project
The 5,302-foot runway at Springdale Municipal Airport has reopened after a $2.2 million project to resurface the runway and install LED lighting. The city of Springdale celebrated the completion of…
by - September 28, 2018 3:06 pm
‘Dynamic leader’ Aaron Burkes selected as next CEO of Northwest Arkansas Regional Airport
Aaron Burkes, president of the Arkansas Development Finance Authority, will be the next CEO and executive director for Northwest Arkansas Regional Airport (XNA) in Highfill. Burkes is expected to start…