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…
by - January 31, 2023 12:47 pm
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 31, 2023 11:07 am
The U.S. and Arkansas economies may have 99 problems, or more considering inflation, but a recession in 2023 ain’t one of them. Probably not, anyway. Or at least not a…
by - January 30, 2023 9:52 am
Arkansas’ new secretary of the Arkansas Department of Parks, Heritage and Tourism, Mike Mills, believes now is an exciting time for the department. The almost 50-year veteran of the state’s…
by - January 26, 2023 4:27 pm
The retail sector was stable in 2022 after 9,300 retail store closures in 2019 before the pandemic and another 1,800 closures reported through mid-2021. But UBS analysts predict store closures…
by - January 26, 2023 12:14 pm
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 2:06 pm
Coming from record sales and a climate where consumers had extra money to spend, retailers are bracing for a year of transition amid a possible slowing economy, rising interest rates…
by - January 24, 2023 12:11 pm
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 1:10 pm
Arkansas’ construction sector dealt with a mix of new and old problems in 2022. Record inflation, interest rate hikes, and chronic supply chain issues continued to plague the industry during…
by - January 22, 2023 11:06 am
Bentonville-based retailer Walmart Inc. said recently it now operates, with its vendors, 36 drone delivery hubs in Arizona, Arkansas, Florida, North Carolina, Texas, Utah and Virginia. “I’m incredibly proud of…
by - January 21, 2023 10:59 am
Economics Arkansas, a nonprofit educational organization that promotes economic literacy to K-12 students, will present the 2023 Excellence in Free Enterprise Award to J.B. Hunt Transport Services President Shelley Simpson….
by - January 21, 2023 10:46 am
Besides being the nation’s largest retailer, Walmart is slowly becoming a technology company. The Bentonville-based retail titan spent big on technology innovations last year in hopes of adding additional revenue…
by - January 20, 2023 12:09 pm
According to an executive with Arvest Bank – one of the state’s largest with nearly $26 billion in assets – the economy and its impact on businesses and consumers is…
by - January 19, 2023 5:37 pm
Arkansas’ K-12 public schools have returned to mostly normal operations after the pandemic, and now they face more permanent changes with a new governor planning to give parents more control…
by - January 19, 2023 3:51 pm
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…
