Tag: Transportation

Moody?s Ratings Improve for Arkansas Best

Moody?s Investors Service assigned a Baa3 rating on June 3 to Arkansas Best Corp.?s $225 million senior unsecured revolving credit facility, due in 2005.

J.B. Hunt Transport Offers Shares to Public

J.B. Hunt Transport Services Inc. of Lowell on May 31 announced the pricing of a public offering of 5.1 million shares of common stock at $26 per share, before underwriting discounts and commissions.

Economy Is Another River Victim (Editorial)

Weeks later, it?s still hard to grasp the tragedy that happened on the Interstate 40 bridge over the Arkansas River at Webbers Falls, Okla., during the Memorial Day weekend.

In the Heath of the Moment

Shortly after her husband, Stan, was named head basketball coach at the UA, Ramona Webb Heath was involved in a somewhat heated exchange with security personnel at local airport.

Mischievous Meters May Lie

We thought somebody must have changed the parking meter law while we weren?t looking.

Hunt Interested in A&M

Company president takes leave while buyers jockey for Springdale railroad.

Jones Center Lands Van to Transport Seniors

A 15-passenger van valued at $34,824 was recently donated to the Harvey & Bernice Jones Center for Families in Springdale from the Arkansas Highway and Transportation Department.

Cannon Express Loses $2.4 Million in 3Q

Cannon Express Inc. reports a net loss of $2.4 million for its fiscal third quarter, which ended March 31. The loss was 198 percent greater than the loss of $795,777 for the comparable quarter of 2001.

A&M Keeps on Chuggin?

Arkansas & Missouri Railroad in Springdale builds revenue with title in hand.

Border Delays Costly to Trucking Industry

Trucking companies have suffered delays since the terrorist attacks on the United States that only an airline could understand.

NWA Transport Keeps Area Companies Connected

John Hagan, Levina Miller and Buz Phelps saw a logistical niche that wasn?t being filled. So the three former Polar Express employees founded NWA Transport Inc. in Rogers in March 2001.

Transit Leaders Plan Bus System

Trio piecemeals budget to upgrade Fayetteville public transportation.

Tyson, Wal-Mart Fleets Blanket U.S. Highways

Springdale?s Tyson Foods became the world?s largest protein company with its purchase of IBP Inc. A by-product of the merger has also made Tyson Foods a fair-sized trucking company.

Airways Freight Corp. Uses Informational Web Site

?Functional? and ?fast? are the hallmarks of Airways Freight Corp.?s freight forwarding services, and the same can be said for its Web site.

KC Flights Canceled, XNA Road now at $45M

There is no longer commercial air service from the Northwest Arkansas Regional Airport in Highfill to either Kansas City or Little Rock, two of the area?s closest cities.

P.A.M, J.B. Hunt Dedicate Efforts, Grow Revenue

Robert Weaver’s team at P.A.M. Transportation Services Inc. clued in to dedicated contract services before most of its truckload carrier brethren.

Arkansas Best 1Q Drops

Arkansas Best Corp. of Fort Smith on April 19 reported first-quarter income that was $7.6 million less than income from the first quarter of 2001.

Cannon Truck Driver Accused of Kidnapping

A truck driver for Springdale-based Cannon Express Inc. was arrested April 20 in Dublin, Ga., after an Alabama woman scrawled a message pleading for help on a bathroom wall in Tennessee.

J.B. Hunt 1Q Net Earnings Soar

J.B. Hunt Transport Services Inc. of Lowell announced a 206 percent increase in first-quarter net earnings in 2002 as compared to the same period last year.

P.A.M. 1Q Net Income Increases by $1M

P.A.M. Transportation Services Inc. of Tontitown on April 16 said first-quarter net income and earnings per share have increased since the same time last year.

Fort Smith Metro News Briefs: ‘Oceanscape’ playground work begins, Mercy stroke program renewed

Walmart likely to tap insiders for expected leadership changes

Dan Wright re-elected Arkansas Farm Bureau president

Arkansas Tourism Ticker: Tourism tax numbers down through August, job numbers up