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Thursday, May 23, 2013, 12:54 p.m.
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Lisa Hammersly

Northwest Business Reporter

Northwest Business Reporter

Recent Stories by Lisa Hammersly

Union, trucker deal set for vote

posted: 05/22/2013 12:32 a.m. Discuss

FORT SMITH — ABF Freight System Inc.’s tentative contract with the Teamsters — if approved by union members — “would allow us to restore the profitability of our company and allow our employees to have the bestpaying jobs in the industry,” parent company Arkansas Best Corp. chief executive Judy McReynolds said Tuesday.

Flights seen declining faster at smaller airports

posted: 05/18/2013 3:44 a.m. Discuss

Though Arkansas’ two largest airports followed a national trend of declines in commercial airline flights during the past five years, they haven’t been hit as hard as many of the nation’s smaller airports, according to a national study issued this week.

Chairman of board submits resignation at USA Truck

posted: 05/16/2013 3:45 a.m. Discuss

The chairman of the board of USA Truck of Van Buren, Robert Peiser, has submitted his conditional resignation after failing to receive a majority of shareholder votes for re-election to the board at the company’s May 8 annual meeting, according to a truck company filing Wednesday.

Hospital data show charges range in state

posted: 05/12/2013 4:37 a.m. Comments 2

What Arkansas hospitals charge, even for the same medical procedure within the same city, can vary by tens of thousands of dollars, according to recently released 2011 federal data.

USA Truck reduces losses for quarter; stock climbs 10.9%

posted: 05/07/2013 2:53 a.m. Discuss

USA Truck of Van Buren narrowed its net losses in the year’s first quarter to $2.5 million, or 24 cents per share on improved revenue, according to the company’s earnings statement issued Monday.

Manufacturing buying interest

posted: 05/05/2013 2:47 a.m. Discuss

Three weeks after Doyle Fowler was elected mayor of McCrory in 2003, American Greetings Corp. made a dreaded announcement.

ABF, Teamsters near deal

posted: 05/04/2013 3:06 a.m. Discuss

After more than four months of negotiations, ABF Freight System Inc. of Fort Smith and the Teamsters union have reached a tentative agreement regarding a new five-year contract, according to news releases late Friday from both groups.

Arkansas Best reports loss

posted: 05/01/2013 12:29 a.m. Discuss

FORT SMITH — After four months of ongoing contract negotiations aimed at reducing labor costs with the Teamsters union, Arkansas Best Corp. on Tuesday announced a net loss for the first quarter of $13.4 million, or 52 cents per share — and pointed squarely at high-priced union wages and benefits.

Business news in brief

posted: 04/30/2013 2:07 a.m. Discuss

QUOTE OF THE DAY “Job additions and rising household wealth will continue to support housing demand.” Lawrence Yun, National Association of Realtors chief economist Article, 1D First Federal reports officers’ earnings Dabbs Cavin, chief executive officer at First Federal Bancshares of Arkansas, earned $263,000 last year, the Harrison bank said in a federal filing Friday.

Duke’s earnings up 52% for 2012

posted: 04/24/2013 2:11 a.m. Discuss

Top Wal-Mart executive Michael Duke saw his overall pay top $27.1 million in the past year, including $7.1 million in stock options exercised, according to the annual shareholders’ statement filed Monday by Wal-Mart Stores Inc. of Bentonville.

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