Firm RevUnit joins
blockchain alliance
RevUnit, a Bentonville-based digital-strategy firm with clients in the logistics business, has joined the Blockchain in Transport Alliance.
As part of the alliance, RevUnit said it will help the group work toward developing and implementing standards for the use of blockchain -- a digital and decentralized ledger -- in the supply chain.
RevUnit co-founder Michael Paladino said in a statement the company has a "deepening focus" on the transportation and logistics industry, making it natural to join the alliance to "support our clients and partners already involved."
The Blockchain in Transport Alliance formed last August and now has more than 250 members across the trucking, transportation and logistics industries.
Arkansas-based J.B. Hunt Transportation Services Inc., ArcBest Corp. and P.A.M. Transport Services Inc. joined the alliance earlier this year.
-- Robbie Neiswanger
Tyson chicken made
at NLR plant recalled
Tyson Foods Inc. has recalled, 3,120 pounds of frozen breaded chicken products made in North Little Rock, citing possible contamination from bits of "blue and clear soft plastic," the U.S. Department of Agriculture reported on Friday.
Once word spread that a breading supplier was recalling products because of potentially contaminated ingredients, Tyson soon followed suit. The Springdale-based company notified the USDA on Friday of the product recall. A Tyson plant at 3800 Progress St. in North Little Rock made chicken tenderloins with possibly tainted breading on May 17.
There have been no confirmed reports of illness or injury. The affected products were shipped to restaurants and food service establishments.
Tyson said in a news release that it is working to retrieve the recalled products.
The 12-pound boxes contained bags of "UNCOOKED, BREADED, ORIGINAL CHICKEN TENDERLOINS," bearing establishment number "P-746" and lot number "1378NLR02."
-- Nathan Owens
Arkansas Index rises
3.07, ends at 449.79
The Arkansas Index, a price-weighted index that tracks the largest public companies based in the state, rose 3.07 to 449.79.
"U.S. equities finished slightly higher as investors started a hectic week during which three major central banks set interest rates, President Donald Trump meets North Korea's leader and Brexit discussions begin," said Chris Harkins, managing director with Raymond James & Associates in Little Rock.
The index was developed by Bloomberg News and the Democrat-Gazette with a base value of 100 as of Dec. 30, 1997.
Business on 06/12/2018