by - October 14, 2023 9:18 am
The media headlines in the past several months have featured retailers like Target, Dick’s Sporting Goods and Dollar Tree blaming retail “shrink” for poor financial results. According to Brand Elverston,…
by - October 10, 2023 3:19 pm
Lowell-based carrier J.B. Hunt Transport Services Inc. is expected to post declines in earnings and revenue in the third quarter as margins are squeezed by pricing pressures and rising costs….
by - October 9, 2023 2:18 pm
The Arkansas Department of Transportation (ArDOT), in collaboration with the Oklahoma Department of Transportation (ODOT), will host the second round of public meetings this month on the project to convert…
by - October 7, 2023 9:01 am
Retailers often live and die by holiday sales. Early predictions suggest lackluster overall spending this year, with growth barely outpacing higher prices. Deloitte forecasts holiday retail sales to grow between…
by - September 28, 2023 2:00 pm
Pittsburg, Kan.-based transportation and logistics company Watco celebrated the opening of its 185,000-square-foot warehouse and operating center on 13 acres at the I-49 Logistics Park in north Springdale. The warehouse,…
by - September 27, 2023 11:29 am
Springdale-based transit provider Ozark Regional Transit recently posted ridership and average daily passenger numbers that exceed pre-pandemic levels. In August, total ridership rose to 27,929, the highest total since September…
by - September 25, 2023 1:18 pm
Spot rates in the truckload market are expected to start rising again in the first quarter of 2024 from the same period in 2023, according to Coyote Logistics. Spot rates…
by - September 24, 2023 8:49 am
Despite tough competition from Walmart and other regional players like Publix, Aldi USA is making a big bet to try and take market share in the southeastern United States. The…
by - September 21, 2023 6:31 pm
Continued job growth and broad gains in sales tax revenue indicate resilient and healthy economies in Arkansas’ four top metro areas, according to the second quarter 2023 The Compass Report….
by - September 21, 2023 11:43 am
Bentonville-based logistics technology startup FR8relay was recently selected to pitch in the Energy and Logistics Challenge at the Operational Energy and Logistics Summit 2023 in Honolulu. The pitch provided an…
by - September 20, 2023 1:06 pm
An event to raise awareness of electric bikes and vehicles is set for Sept. 30 in Rogers. Springdale-based nonprofit Northwest Arkansas Council will again host the second annual Drive Electric…
by - September 19, 2023 12:30 pm
Northwest Arkansas National Airport (XNA) in Highfill is expected to come short of 1 million enplanements this year. Meanwhile, officials look to take advantage of a new state law allowing…
by - September 18, 2023 4:08 pm
Arkansas’ tourism industry continues to show robust gains in the first half of 2023 even when compared to a record-setting 2022. The sector posted record employment of 131,800 in May,…
by - September 16, 2023 8:57 am
Retail is about assortment, and Walmart Marketplace — an online portal for sellers — is looking for more third-party suppliers to provide a suite of services to sellers while also…
by - September 14, 2023 4:49 pm
Lowell-based carrier J.B. Hunt Transport Services Inc. will acquire the brokerage operations of an affiliate of Fort Worth, Texas-based rail company BNSF Railway Co. Financial terms of the deal were…
by - September 11, 2023 10:32 am
Electric and hybrid vehicles comprised 16% of U.S. light-duty vehicle sales in the second quarter of 2023, according to data from Wards Intelligence. In Arkansas, slightly more than 1% of…
by - September 9, 2023 9:56 am
Growing up as an athlete in Eden Prairie, Minn., Blake Sorenson had a nut allergy and often found many healthy snack bars containing almonds and other tree nuts he could…
by - September 4, 2023 6:15 am
Walmart executives cycle in and out of their top jobs, and many use the retail giant as a training ground, given the company’s diverse business model and propensity to promote…
by - August 31, 2023 3:19 pm
Lowell-based carrier J.B. Hunt Transport Services Inc. was expected to start receiving zero-emission Nikola Corp. trucks in August. However, the Phoenix-based vehicle manufacturer recently recalled 209 battery-electric trucks, citing a…
by - August 30, 2023 1:33 pm
Peak shipping season is expected to be weak amid high inventory levels and holiday spending uncertainty, a supply chain economist said. In a recent project44 webinar, Jason Miller, professor of…
