Lisa Hammersly
Recent Stories
Union, trucker deal set for vote
Teamsters must OK 7% pay cut
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. Continue reading...
Flights seen declining faster at smaller airports
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. Continue reading...
Chairman of board submits resignation at USA Truck
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. Continue reading...
Hospital data show charges range in state
Disparity into thousands
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. Continue reading...
USA Truck reduces losses for quarter; stock climbs 10.9%
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. Continue reading...
Manufacturing buying interest
State labors to sell or lease 11 big industrial properties
Three weeks after Doyle Fowler was elected mayor of McCrory in 2003, American Greetings Corp. made a dreaded announcement. Continue reading...
Arkansas Best reports loss
Trucker blames union for going $13.4 million in the red
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. Continue reading...
Business news in brief
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. Continue reading...
Duke’s earnings up 52% for 2012
Other Wal-Mart execs show gain
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. Continue reading...
Florida firm planning jobs in Fort Smith
A Florida-based hospital-management company announced Thursday that it will more than double its workers in Fort Smith to create a regional service center that will employ up to 500 people. Continue reading...
