TRANSPORTATION Arkansas got welcome infrastructure news with the July 12 announcement that it would receive a $393 million grant from the U.S. Department of Transportation to help fund the building ...of a new Interstate 55 bridge to span the Mississippi River between West Memphis and Memphis. Officials say the new I-55 bridge is expected to cost $800 million, which seems a rather low estimate, and it will replace what locals call the "old bridge" connecting Arkansas and Tennessee. The old bridge handled the increased traffic well for a structure decades past its prime, but it also underscored the need for a modern bridge to cross the Mississippi River.
Glimmers Of Hope Along I-30 Cook, Marty
Arkansas Business,
04/2024, Letnik:
41, Številka:
14
Journal Article, Trade Publication Article
Work remains to be done in widening a 5.5-mile stretch of Interstate 30 in Saline County, but Arkansas Department of Transportation officials say there may finally be cause for optimism about the ...much-maligned and delayed $187.3 million project. In a Feb. 13 news release, ĀRDOT Executive Director Lorie Tudor said that formally recommending to the Arkansas Highway Commission that Johnson Bros, be found in default was "unprecedented territory for us." Johnson Bros, is still losing $77,000 a day in road user costs, but work on the job site has noticeably improved, Vines said. "Since the original letter went out in February there has been a very noticeable increase in resources on the job.
The Arvest Bank Skyline Report, released in mid-March, said the average price for a home sold in Benton County was more than $420,000 in 2023. The average price for a Washington County home was more ...than $392,000 in the first half of 2023 before dropping to $386,000 in the second half of 2023. The folks who are in the market to purchase those price range homes, almost every one I did was a cash sale.
Last month, J.B. Hunt Transport Services Inc. of Lowell announced Shelley Simpson would become the company's CEO July 1. Simpson, closing in on three decades with J.B. Hunt, has served in executive ...roles that include president (her current position), chief commercial officer, president of Integrated Capacity Solutions and Truckload and chief marketing officer. Thompson served as the company's CEO from 1987 to 2010 and will step down as chairman of the board to become an honorary adviser.