by - May 2, 2023 11:12 am
Northwest Arkansas National Airport (XNA) in Highfill recently reported its best March for enplanements since opening in 1998. Enplanements, or passengers flying out, rose by 26.8% to 80,742 in March…
by - May 1, 2023 2:06 pm
Huntsville-based poultry carrier Lew Thompson & Son Trucking Inc. was recently acquired by Covenant Logistics Group Inc. for about $100 million. The acquisition was completed on April 26 amid a…
by - April 30, 2023 10:03 am
A new apprenticeship program might help settle a debate over whether 18- to 20-year-old truck drivers can safely haul interstate freight. However, the program has struggled with low participation levels…
by - April 29, 2023 9:59 am
The pet business is a competitive one. And the $65 billion pet services market is drawing the attention of more non-pet retailers as a way to increase revenue streams as…
by - April 27, 2023 1:36 pm
U.S. Sen. John Boozman, R-Ark., recently announced his support for a bipartisan bill to increase truck parking capacity and improve existing truck parking infrastructure. The bill would provide $755 million…
by - April 27, 2023 11:26 am
Lowell-based carrier J.B. Hunt Transport Services Inc. hosted its annual shareholders meeting Thursday (April 27). Shareholders approved four proposals in the 10-minute meeting at the company’s headquarters. Following are the…
by - April 24, 2023 6:06 pm
Tontitown-based carrier P.A.M. Transportation Services Inc. posted a double-digit earnings decline and a narrow rise in revenue amid a soft freight market in the first quarter. After the markets closed…
by - April 22, 2023 9:54 am
Retailers, large and small, are questioning whether this year will be a replay of pre-pandemic norms. The National Retail Federation (NRF) recently issued its annual forecast of U.S. retail sales…
by - April 17, 2023 6:11 pm
Lowell-based carrier J.B. Hunt Transport Services Inc. posted declines in earnings and revenue amid weaker freight volumes or revenues per load across its business segments, excluding Dedicated Contract Services. The…
by - April 11, 2023 3:00 pm
The future for social media platform TikTok may be cloudy, but that has not kept Walmart and Amazon from seeking to grow their brands via influencers and content creators on…
by - April 10, 2023 3:26 pm
Lowell-based carrier J.B. Hunt Transport Services Inc. is projected to post earnings and revenue decreases for the first quarter of 2023 amid a softer freight market. After the markets close…
by - April 2, 2023 9:23 am
While the U.S. economy remains relatively strong, the retail sector is a mixed bag with a tight workforce despite the 50,100 retail jobs added in February against a growing number…
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…
