by - March 28, 2023 3:17 pm
Joe Vitiritto, president and CEO of Tontitown-based carrier P.A.M. Transportation Services Inc., received a 6.9% raise and total compensation of $1.6 million in 2022, according to the company’s proxy statement…
by - March 25, 2023 10:22 am
The consumer packaged goods and beverage industries are highly competitive. They continually try to retain or expand their retail distribution points as private label and niche brands are popular among…
by - March 20, 2023 3:03 pm
ABF Freight, the less-than-truckload (LTL) subsidiary of Fort Smith-based ArcBest, has agreed to pay a $535,000 penalty to resolve allegations that the company violated requirements of the Clean Water Act…
by - March 17, 2023 10:10 am
John Roberts, CEO of Lowell-based carrier J.B. Hunt Transport Services Inc., received a 2% base salary increase for 2023 and will earn $1 million for the year, according to the…
by - March 15, 2023 12:53 pm
The once-thought-dead mall and brick-and-mortar retailers may see a rebound in traffic this year, but retail insiders say the gap between the winners and losers will also likely widen. Carol…
by - March 14, 2023 1:07 pm
Northwest Arkansas National Airport (XNA) in Highfill is expected to return to pre-pandemic enplanement levels in 2023, barring a recession, according to multiple projections. Also, a new federal forecast shows…
by - March 12, 2023 10:08 am
Major retailers have long used private labels to create unique brands, with the average industry share penetration for such brands at 18.2% at the end of 2022, according to Food…
by - March 9, 2023 2:52 pm
Springdale-based Ozark Regional Transit (ORT) recently received more than $1.62 million in grants from the Walton Family Foundation to expand on-demand service in Northwest Arkansas as the transit provider works…
by - March 9, 2023 2:49 pm
Shippers can expect spot and contract rates to decline in the first quarter as capacity remains easier to find, according to recent research. Still, spot rates are unlikely to decline…
by - March 7, 2023 11:35 am
Arkansas Trucking Association is accepting applications for scholarships supporting students interested in pursuing careers as medium- and heavy-duty truck technicians. Deadline to apply is March 31. This is the sixth…
by - March 2, 2023 11:02 am
Virginia Beach, Va.-based DroneUp announced Thursday (March 2) a partnership with McMillon Innovation Studio at the University of Arkansas to explore whether to expand operations to college campuses. DroneUp is…
by - February 28, 2023 12:34 pm
Retailers have been struggling with last-mile, or final-mile, shipping operations as they focus on cost efficiency and technology to resolve issues in 2023, according to a recent survey. Digitization and…
by - February 26, 2023 10:05 am
Walmart’s sister company Sam’s Club again finds itself battling the big dog with the recent launch of Walmart Business, an e-commerce site geared to serve large- and small-business customers. When…
by - February 18, 2023 9:44 am
Retailers seem to agree that one sector that’s ripe for disruption is healthcare. Multiple companies are making moves to fill the gaps they see by investing in providing health and…
by - February 14, 2023 10:22 am
Tontitown-based carrier P.A.M. Transportation Services Inc. posted a double-digit revenue rise and earnings decline in the fourth quarter amid softer-than-expected freight demand. Still, 2022 earnings and revenue were up compared…
by - February 13, 2023 1:37 pm
A November Deloitte survey found that 70% of consumer food and product manufacturers (CPG) indicated the sector expects this year to be more stressful than in the past five years….
by - February 7, 2023 2:29 pm
Fourth-quarter freight shipments fell to the lowest levels since the first quarter of 2014 as consumer spending continued to shift to services, from goods, according to a new report. The…
by - February 4, 2023 10:25 am
While inflationary fear and slowing consumer spending are among the top external worries among retailers, the No. 1 internal concern is the ongoing workforce shortage, and the difficulty retailers are…
by - February 1, 2023 1:00 pm
There are valid concerns about Arkansas’ overall economic health during 2023, but the manufacturing sector is expected to remain “healthy” even with some areas of the sector slowing down. That’s…
by - January 31, 2023 4:00 pm
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…
