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 - 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 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 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 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 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 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 - 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 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 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…
by - January 18, 2023 9:40 am
Lowell-based carrier J.B. Hunt Transport Services Inc. missed earnings and revenue expectations amid a softer freight market in the fourth quarter of 2022. Still, revenue rose by 4.3%, while earnings…
by - January 11, 2023 3:19 pm
Analysts said that Lowell-based carrier J.B. Hunt Transport Services Inc. is expected to post an increase in fourth-quarter earnings amid a soft freight market. Meanwhile, J.B. Hunt has reached a…
by - January 3, 2023 3:45 pm
A new control tower and connector road for Northwest Arkansas National Airport (XNA) in Highfill will receive more than half of the $25.6 million in federal funding for 11 projects…
