More consumer demand and not enough equipment to ship what the consumer demands helped Fort Smith-based ArcBest boost first-quarter revenue by more than 18% and post earnings per share of 87 cents, well past the consensus estimate of 58 cents. ArcBest, a shipping and logistics holding company, on Tuesday Continue Reading
Asos shares plunge by 36 per cent as online retail giant issues profit warning
ONLINE retailer Asos has warned over sales and profits after experiencing a “significant deterioration” in trading in the run-up to Christmas. The warning will cause alarm among retailers as, up until now, it has been high street firms bearing the brunt of a brutal Christmas trading period. Asos has issued Continue Reading
Commercial Arkansas River traffic shows slight gain through May
Tonnage shipped on the Arkansas River during the first five months of 2021 is up 0.54% compared with the same period of 2020, with inbound and outbound traffic boosting activity on the more than 400-mile navigable waterway. River traffic was beginning to improve from record historic flooding in early Continue Reading
The UK’s best companies to work for revealed – and some of them are hiring
EMPLOYERS have rated their work places to reveal the best companies to work for in the UK when it comes to management styles and working cultures. Big names like Facebook, Skyscanner and Northern Gas and Power all made the list of the top twenty businesses – but Google is nowhere Continue Reading
Job numbers dip but Arkansas’ jobless rate remains at 4.4%
Arkansas’ number of employed and the size of the labor force declined in June compared to May, but the state’s jobless rate remained at 4.4% for the fourth consecutive month. Job gains were up 4.5% in June compared with June 2020. The U.S. Bureau of Labor Statistics report posted Continue Reading
Highway Commissioner discusses study of new river bridge to remove downtown truck traffic
A truck study, commissioned by the Arkansas Department of Transportation (ArDOT), will determine the feasibility of a new U.S. 64 river crossing into downtown Fort Smith, Highway Commissioner Keith Gibson told a group of area residents during a July 29 meeting. The study by Halff Associates of Little Rock Continue Reading
Peak Innovation Center opening pushed to January; project also over budget
Fort Smith Public Schools Peak Innovation Center will not open in August as originally planned, according to a presentation by HOAR Program Management (HPM) of Dallas, the project manager for the district’s millage-related construction projects. Peak Innovation Center will be a regional career and technology center with a focus Continue Reading