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Editorial Results (free)

1. US Trade Deficit Hits $42.3 Billion in February -

WASHINGTON (AP) – The U.S. trade deficit climbed to the highest level in five months in February as demand for American exports fell while imports increased slightly.

The deficit increased to $42.3 billion, which was 7.7 percent above the January imbalance of $39.3 billion, the Commerce Department reported Thursday.

2. Midtown Apartment Building Sells for $840,000 -

199 S. McLean Blvd.
Memphis, TN 38104
Sale Amount: $840,000

Sale Date: Feb. 21, 2014
Buyer: Zaki Holdings LLC
Seller: Colonial House LP
Loan Amount: $140,000
Loan Date: Feb. 21, 2014
Maturity Date: Sept. 1, 2015
Lender: Colonial House LP
Details: The 20-unit multifamily building at 199 S. McLean Blvd. in Midtown has sold for $840,000.

3. Morris: High Bids Lead to Harahan Redesign -

Plans for the pedestrian and bicycle boardwalk on the north side of the Frisco Bridge are being redesigned after the first bids on the boardwalk came in too high.

But Downtown Memphis Commission President Paul Morris said talks are underway with Union Pacific railroad executives about a compromise as backers of the part of the larger “Main to Main” project seek to raise more private funding.

4. This week in Memphis history: January 10-16 -

1950: On the front page of The Daily News, the city had a second Crosley automobile dealership. John Charles Wright opened Wright Motor Co. at 395 Union Ave. with another Crosley dealership named Fly & Harwood at 333 Madison Ave. Crosley Motors Inc. was headquartered in Cincinnati and started production on the line of subcompact cars in 1939, stopping in 1942 when World War II production restrictions put a temporary end to civilian automobile manufacturing. Production resumed in 1946, but Crosley stopped making cars by 1953.

5. Can ‘Cardinal Way’ Improve Park Attendance? -

To put it in the game’s terms, the Memphis Redbirds/AutoZone Park/St. Louis Cardinals defeated political skepticism and doubt by a score of 8-4 and saved baseball at Third and Union for many summers to come.

6. City Council to Vote on Bonds, Review Land Swap -

Memphis City Council members this week take up $375 million in refunding bonds and general obligation bonds, and discuss a land swap with Church of the River for access to a boardwalk on the Harahan Bridge across the Mississippi River.

7. Railroads Seek to Install Cameras to Watch Crews -

OMAHA, Neb. (AP) – At least two major U.S. freight railroads are seeking to install cameras in their locomotives to make sure crews are following rules and avoiding cellphone use.

Union Pacific filled a court action this week asking a federal judge to declare that it has the authority to install the cameras under the railroad's labor agreements. Kansas City Southern railroad won a similar lawsuit last month over the objections of labor unions.

8. Spotlight on Redbirds as Only Game in Town -

A year ago at this time, the Memphis Redbirds were in the midst of a season so bad they were already almost 20 games out of first place. It was, as infielder Ryan Jackson recalled, a “grind.”

9. Morris to Lead Main to Main Project -

Downtown Memphis Commission President Paul Morris will become the new project director for the Main Street to Main Street revitalization project that includes a Harahan Bridge boardwalk.

10. Morris to Lead Main to Main Project -

Downtown Memphis Commission president Paul Morris will become the new project director for the Main Street to Main Street revitalization project that includes a Harahan Bridge boardwalk.

11. Riding the Rails -

By some estimates, America’s railroad companies are in the midst of the largest investment boom since the Gilded Age – when America’s railroad track mileage tripled between 1860 and 1880.

This year, North American’s freight railroads plan to invest $24.5 billion in intermodal terminals, new track, bridges and tunnels, safety equipment and rail cars, according to the Association of American Railroads.

12. In Need of Relief -

Perhaps it is only too appropriate that baseball is played without a clock. For securing the future of the Memphis Redbirds may require extra innings, not to mention extra effort.

The ballpark was on the leading edge of revitalizing Downtown when it opened in 2000 at Third and Union. This, of course, was “B.G.” in Memphis – Before the Grizzlies. Also, before FedExForum. The city was ready for something big and bold – something that showed Memphis could overachieve, not underachieve.

13. Exeter Buys West Memphis Warehouse for $15.6 Million -

Pennsylvania-based Exeter Property Group has snatched up the Smucker’s distribution warehouse in West Memphis for $15.6 million.

The 600,000-square-foot facility was a foreclosed property from Bank of America, which was selling it with a year-end anticipated closing, said Matt Brodnik, Exeter’s director of capital markets.

14. Trains Carrying More Oil Across US Amid Boom -

BILLINGS, Mont. (AP) – Energy companies behind the oil boom on the Northern Plains are increasingly turning to an industrial-age workhorse – the locomotive – to move their crude to refineries across the U.S., as plans for new pipelines stall and existing lines can't keep up with demand.

15. Visual History Lesson -

Ken Scott is preparing for another move.

After the long Labor Day weekend, he and several friends will go to the Mud Island Park Mississippi River Museum and begin taking down the latest exhibition of a Civil War diorama his late father, Fred “Buster” Scott, researched and painted over a 10-year period in the 1980s and 1990s.

16. Rail Yard Opens In Rossville -

Those in the logistics industry have known since the end of June, but Norfolk Southern Corp.’s Memphis Regional Intermodal Facility at Rossville had its soft opening earlier this month.

17. Higher Prices Lift Union Pacific Q2 Profit 28 Pct. -

OMAHA, Neb. (AP) — Union Pacific said Thursday that its second-quarter net income surged 28 percent, as the nation's largest railroad collected higher prices and fuel surcharges and handled slightly more cargo. Its shares rose 3.5 percent by the afternoon after hitting an all-time high earlier.

18. Chesapeake Names Memphian to Board of Directors -

As Chesapeake Energy Corp. has named a new chairman to replace its controversial founder, the company has also appointed four directors, including Memphian R. Brad Martin.

19. Expect Lower Gas Prices Heading Into Memorial Day -

If you're lucky enough to live in some parts of the United States, you may see gas pump prices fall to around $3.25 a gallon or less in the next week or two. Even West Coast drivers should get some relief from prices that are still above $4 a gallon.

20. TransOne Expands Just One Year After Opening -

New opportunities are arising for intermodal companies as America’s post-recession rail industry gets back on track.

One such company, TransOne in West Memphis, celebrated its first anniversary April 20 by lining up plans to expand its trucking fleet.

21. Redbirds Reconnection -

One of baseball’s enduring maxims is that anytime you go to a game you’ve got a chance to see something you’ve never seen before.

Apparently, this now applies off the field too, because a few weeks ago a group that included Magic Johnson as the front man paid $2.15 billion to buy the Los Angeles Dodgers from financially troubled owner Frank McCourt.

22. Economy Equal Parts Doubt, Enthusiasm -

Chimerican Direction Markets fell back from multi-year highs last week as the recovery in expectations since August of last year may have finally eclipsed reality. While the global economic statistics show pockets of strength, they also show pockets of weakness. Add to that shifting balance the unforeseen Iran premium in the price of oil, and the recent bias favors preservation rather than accumulation.

23. Fewer Layoffs, Lower Inflation Give Economy a Lift -

WASHINGTON (AP) – The economy is off to a fast start in 2012.

The outlook for hiring is improving now that unemployment benefit applications are near a four-year low. Inflation is tame, business travel is rising and the depressed housing market is showing signs of improvement after three dismal years.

24. CRE Activity Stays Strong During 2011 -

Despite hard times, local commercial real estate firms were able to ink plenty of deals in the past 12 months.

Memphis’ industrial leasing activity kicked off in January when Buena Park, Calif.-based Pacific Logistics Corp. signed a 60,000-square-foot lease in ProLogis Park DeSoto for its first Memphis-area location.

25. Union Pacific Spent $1.26 Million on Q3 Lobbying -

OMAHA, Neb. (AP) – Union Pacific Corp. spent $1.26 million during the third quarter to influence proposed railroad regulations and pollution restrictions.

26. Safeway Files $1.7M Loan for Winchester Retail Ctr. -

Norcross, Ga.-based Safeway Group Inc., working under the name Fairington Shopping Center LLC, has filed a $1.7 million loan through Bank of North Georgia for Memphis Retail Center located at 6743 Winchester Road and 6797 Winchester Road.

27. Railroads Avert Looming Strike -

NEW YORK (AP) – Railroads have cleared a major hurdle as the industry averted a looming strike, paving the way for growth ahead, analysts said Friday.

The freight rail industry announced late Thursday it has settled labor disputes with two unions and agreed to extend talks with a third. Without the agreements, the railway unions could have launched a strike as early as Tuesday, when a federal "cooling off" period was set to expire. The agreements came just hours after Republican House leaders said they would move to vote Friday on emergency legislation to prevent a work stoppage.

28. Railroads Avert Looming Strike -

NEW YORK (AP) – Railroads have cleared a major hurdle as the industry averted a looming strike, paving the way for growth ahead, analysts said Friday.

The freight rail industry announced late Thursday it has settled labor disputes with two unions and agreed to extend talks with a third. Without the agreements, the railway unions could have launched a strike as early as Tuesday, when a federal "cooling off" period was set to expire. The agreements came just hours after Republican House leaders said they would move to vote Friday on emergency legislation to prevent a work stoppage.

29. The Next Link -

The next front in the city’s greenline movement is along the floodwalls of Chelsea Avenue in North Memphis.

Greater Memphis Greenline Inc. plans to develop a 2.5-mile section of an old railway into the Chelsea Avenue Greenline, a multiuse trail that will connect Overton Park with Uptown.

30. Obama Signs 3 Trade Deals, Biggest Since NAFTA -

WASHINGTON (AP) – President Barack Obama signed off Friday on the first three – and possibly last – free trade agreements of his administration, deals with South Korea, Colombia, and Panama that could be worth billions to American exporters and create tens of thousands of jobs.

31. Union Pacific Q3 Profit Rises on Higher Prices -

NEW YORK (AP) – Union Pacific Corp. on Thursday reported that its third-quarter earnings rose 16 percent, as the railroad charged higher prices to offset slower growth in shipments and higher fuel costs.

32. Continental Shift -

After a 15-year transformation from a government operated east-west railroad network to a privately owned company with a North American reach, Canadian National Railway Co. is positioning itself as a logistics “enabler.”

33. Back into the Fold -

Before there was South Bluffs, there was French Fort.

Before the Hernando DeSoto Bridge was built and city zoning regulations placed more distance between commercial, industrial and residential areas, this neighborhood by the trio of older Mississippi River bridges south of Downtown survived in one of the most historic and isolated parts of the city.

34. OSHA Cites UP for Retaliating Against Workers -

OMAHA, Neb. (AP) – Federal authorities say Union Pacific retaliated against three employees who raised safety concerns, so the railroad should pay $615,215 in fines and compensation.

Union Pacific Corp. operates an intermodal facility in Marion, Ark.

35. Region Sees Logistics Assets Grow -

Change is afoot with the area’s transportation and logistics industries. New developments in the region – from a proposed third bridge spanning the Mississippi River to a new multimillion-dollar intermodal facility – should keep transportation and logistics as the area’s bread-and-butter businesses.

36. UP Spent Nearly $1.5M Lobbying Congress in Q2 -

OMAHA, Neb. (AP) – Union Pacific spent $1.49 million during the second three months of 2011 to lobby Congress on railroad regulations, pollution restrictions and highway shipping rules.

37. Funding Approved for Study of Bridge Boardwalk -

The Memphis City Council Tuesday, Aug. 2, accepted and approved a combined $210,000 in funding for architecture and engineering services for a Harahan Bridge Boardwalk for bikes and pedestrians to cross the Mississippi River.

38. Bridging the Gap -

Between now and the end of the year, transportation planners in the tri-state area and beyond will round up the final work product that will go into the preliminary search for a new Mississippi River bridge at or near Memphis.

39. Freight Railroads Deny Price-Fixing Accusations -

OMAHA, Neb. (AP) – Union Pacific and Burlington Northern Santa Fe are defending their pricing practices after Oxbow Mining filed a federal lawsuit against the freight railroads.

Fort Worth, Texas-based BNSF is a Class I railroad that operates the Tennessee Yard intermodal facility at Lamar Avenue and Shelby Drive.

40. Oxbow Mining Accuses Railroads of Price Fixing -

OMAHA, Neb. (AP) – Oxbow Mining says the Union Pacific and Burlington Northern Santa Fe railroads conspired to raise prices on customers like the Colorado coal mine Oxbow runs.

Forth Worth, Texas-based BNSF also operates the Tennessee Yard intermodal facility at Lamar Avenue and Shelby Drive

41. Littleton Promoted to Manager of Private Banking at Paragon -

Wayne Littleton has been promoted to manager of private banking at Paragon National Bank. He also will continue to serve as president of the bank’s Saddle Creek branch, 7600 Poplar Ave.

42. Menke Ready to Navigate Pinnacle’s Transitions -

Sean Menke, the incoming CEO of Memphis-based Pinnacle Airlines Corp., comes to the helm of the regional air carrier in July during a critical year for the company.

43. Journey of 1,000 Meals Begins With One Bite -

Food and I go way back. Restaurants and I, on the other hand, had only a distant acquaintance during my childhood, in Rochester, N.Y., where I spend my first 10 years, and in Memphis, the city we adopted in 1955. The history of my involvement with restaurants, therefore, and with writing about restaurants and reviewing them, was not inculcated during my formative years. Going out to eat, for my family, was a ritual rarely indulged, an occasion of magical importance.

44. Railroads Reach Tentative Deal With Largest Union -

WASHINGTON (AP) – The major U.S. freight railroads have reached a tentative five-year deal with their largest union, which represents 38,000 workers.

The deal between the railroads' National Carriers' Conference Committee and the United Transportation Union, whose members include brakemen and conductors, was announced Monday. The UTU represents roughly one-third of all rail workers.

45. Harahan Boardwalk Backers Plan Return to Omaha -

The Memphis group working with Union Pacific Corp. to build a bike and pedestrian boardwalk across the Mississippi River will be at the railroad’s Omaha, Neb., headquarters next month.

46. A Bridge to Cross -

Martyrs Park sits atop the Chickasaw Bluff and overlooks the Mississippi River, its lone modern sculpture a memorial to victims of the 19th century Yellow Fever epidemics that devastated Memphis from the 1850s through the 1870s.

47. Colliers Industrial Team Relies on Power of Three -

In today’s challenging commercial real estate market, one Memphis group is providing three brokers for the price of one.

The industrial team of Andy Cates, Preston Thomas and Mike Driscoll of Colliers International offers a level of service that’s often hard to match by working with a single agent.

48. We’re in Good Company -

Memphis often gets a bad rap. So many people want to focus on negatives, and that simply breeds more negativity. From my perspective, the Memphis market is a uniquely great place to live and do business. Apparently I’m not the only one who thinks so. FedEx, St. Jude Children’s Research Hospital, AutoZone, International Paper, Conwood, Smuckers, Asics, Nucor and Electrolux – all are major corporations either headquartered here or choosing to have major manufacturing or distribution centers here.

49. Bridge Deal Could Bring 600-Mile River Bike Trail -

If plans materialize for a pedestrian and bicycle boardwalk on the north side of the Harahan rail bridge, the access areas on both sides of the Mississippi River near the bridge would change rapidly.

50. UP City Agree to Work on Bridge Path -

Union Pacific Railroad officials have agreed to work with the city of Memphis and Crittenden County, Ark. officials toward the goal of a bicycle and pedestrian path on the Harahan rail bridge across the Mississippi River.

51. UP Exec, Local Group to Meet About Harahan Wagonway -

Union Pacific Railroad CEO James Young meets at the company’s headquarters in Omaha, Neb., Friday with a group from Memphis and West Memphis to talk about biking and hiking.

52. Local Group, UP to Discuss Harahan Bridge -

A delegation from Memphis led by Memphis Mayor A C Wharton Jr. will be in Omaha, Neb., next week to talk with Union Pacific railroad executives about a bicycle and pedestrian path across the Mississippi River.

53. Businesses Hiring in 2011 Face a Buyers' Market -

WASHINGTON (AP) – Companies planning to ramp up hiring this year will have an added luxury: their choice from a flood of applicants, without having to pay a premium for top talent.

Unemployment remains near double digits, and there are nearly five unemployed workers competing for each available job. That is giving employers more confidence, while at the same time enabling them to keep wages low.

54. New Unemployment Claims Fall to Lowest in 2 Months -

WASHINGTON (AP) – The number of newly laid-off workers seeking unemployment benefits dropped slightly last week to its lowest level in two months, a sign that employers are cutting fewer jobs.

55. Congress to Examine Trickle Down of Rail Rates -

NEW YORK (AP) – Congress is taking a closer look at the growing profits of the nation's railroads and the price hikes for their customers that may trickle down to consumers.

In a report released Wednesday, the Senate Commerce Committee says higher rates for rail transportation are putting undue pressure on customers who don't have an alternative way to ship their goods. Those customers, called captive shippers, are mostly electric utilities, chemical and agricultural companies. Higher transportation rates for them can mean higher energy and grocery bills for consumers.

56. Events -

The Greater Memphis Chamber will hold a small business council breakfast Tuesday from 7:30 a.m. to 9 a.m. at the Holiday Inn East Memphis, 5795 Poplar Ave. Cost is $25 for members and $35 for nonmembers. For reservations, contact Erick Milford at 543-3518 or emilford@memphischamber.com.

57. Rally Time -

As soon as he heard the Memphis Redbirds were coming to town in 1998, Buddy Young bought season tickets and has renewed them every year since.

From the first two seasons at the old Tim McCarver Stadium to the debut of AutoZone Park in 2000, from Albert Pujols’ walkoff home run that won the Pacific Coast League title the first season at AutoZone to last year’s championship run, Young has been a die-hard Redbirds supporter.

58. BNSF Opens New Rail Yard Site After Finishing Upgrades -

Memphis has long been a railroad town.

The city’s central location and the availability of other transport modes like the Mississippi River made it a popular choice with Class I railroads, five of which now have extensive intermodal and switching operations here.

59. The Cost of Progress -

The development of Norfolk Southern Corp.’s $112 million intermodal yard on a former cattle ranch in Fayette County has polarized the community for more than a year.

60. New Mural To Brighten Cooper-Young Entrance -

An artistic Midtown neighborhood has designs on creating a second “landmark” gateway.

The Cooper-Young Historic District, which several years ago unveiled the permanent installation of artwork atop a trestle over Cooper Street, has launched an effort to create a second piece of railroad art, this time a mural on the expansive underpass on South McLean Boulevard near Central Avenue.

61. Muller to Tout City’s Position For Shipping -

Memphis’ role in the global supply chain is often underappreciated, but shippers moving auto parts from Yokohama to Yazoo City or electronics from Beijing to Birmingham understand this city’s importance.

62. Buffett’s Berkshire Buying Burlington Northern -

NEW YORK (AP) – Warren Buffett’s Berkshire Hathaway Inc. on Tuesday agreed to buy Burlington Northern Santa Fe Corp., making a $34 billion bet on the future of the U.S. economy.

63. Nation's Two Biggest Railroads Face More Challenges -

HARTFORD, Conn. (AP) - Analysts said Friday that the nation's two largest railroads could face even more difficulty squeezing out profits next year after turning in third-quarter earnings declines.

64. BNSF Railway Preps for Intermodal Yard Opening -

Evidence of Memphis’ importance to the intermodal industry can be seen throughout town, but nowhere is it more apparent than at the intersection of Lamar Avenue and Shelby Drive, where nine-story cranes now dominate the warehouse district’s industrial skyline.

65. Taking Off -

Aviators attain flight and control the movements of their aircraft by precisely balancing the forces of lift, thrust, drag and gravity. The people piloting the aerotropolis initiative – the promotion of Memphis’ economy focused on the airport, other transportation assets and the connectivity among them – are negotiating their own set of physics in hopes of becoming airborne.

66. Taking Off -

Aviators attain flight and control the movements of their aircraft by precisely balancing the forces of lift, thrust, drag and gravity. The people piloting the aerotropolis initiative – the promotion of Memphis’ economy focused on the airport, other transportation assets and the connectivity among them – are negotiating their own set of physics in hopes of becoming airborne.

67. Ark. Officials Study Memphis-LR High-Speed Rail -

Arkansas Highway and Transportation Department officials say a high-speed passenger train from Little Rock to Memphis could use one of two existing railroad tracks.

One goes north to Bald Knob and the other goes south to Pine Bluff before turning toward Memphis. There is no direct rail line between the two cities.

68. Trucking Biz Not Threatened By Rail’s Popularity -

Most of the logistics and transportation headlines these days revolve around railroads beefing up their operations in Memphis, one of the most significant intermodal centers in the country.

BNSF Railway Co. is completing a $200 million renovation of its intermodal terminal at Lamar Avenue and Shelby Drive.

69. Weekly US Rail Shipments Fall 16.1 Percent -

WASHINGTON (AP) - Shipments carried by U.S. railroads fell 16.1 percent last week compared with a year earlier, a major industry trade group reported Thursday.

The Association of American Railroads said freight carried on the tracks for the week ending Aug. 22 totaled 279,478 carloads.

70. Study to Analyze Lamar Freight Corridor -

Thanks to an expanded BNSF Railway Co. intermodal terminal, direct access to the Southeastern U.S. and the bulk of the city’s warehouses and distribution centers, Lamar Avenue is a lifeline for Memphis’ logistics community.

71. Worst of Recession is Over, Norfolk Southern Says -

The last of the major U.S. railroads to report second-quarter earnings agrees with the others: It appears the worst of the recession is over.

But Norfolk Southern Corp. warned Wednesday of an “unstable and uncertain” finish to 2009.

72. Ahead of the Bell: Burlington Northern Santa Fe -

NEW YORK (AP) - Analysts expect the second-quarter profit of railroad operator Burlington Northern Santa Fe Corp. to fall from a year ago. They're just not sure how much.

73. Local Logistics Industry Embraces Norfolk Southern Expansion -

Although Norfolk Southern Corp.’s planned $129 million intermodal yard won’t be built within the city limits but instead in neighboring Rossville, Memphis’ logistics and distribution industries stand to benefit from the railroad’s decision to expand its local presence.

74. Next Stop: Norfolk Southern’s intermodal plans take shape -

The freight trains that rumble through Memphis are hard to ignore, especially the ones that parallel or bisect main thoroughfares and disrupt traffic. But even people who don’t cross railroad tracks during their commutes are likely to hear the distant blare of horns at some point during the day as locomotives make their way into and out of the city.

75. Conference to Showcase Transportation Info -

For the third year in a row, Memphis will take center stage among the logistics, distribution and transportation industries when the city hosts the Memphis Multi Modal Conference May 11-12.

The event, titled “Global Logistics and the Global Economy,” will be held at The Peabody hotel and draw a national and international attendance. It once again is sponsored by the Memphis World Trade Club, which began hosting the event in 2007 as a way to showcase the city’s advantages for moving freight.

76. Weekly US Rail Shipments Fall 14.2 Percent -

WASHINGTON (AP) - The railroad industry says last week's U.S. shipments sank 14.2 percent compared with a year earlier.

The Association of American Railroads said Thursday that freight for week ended February 21 totaled 278,827 carloads.

77. New Road Brings West Memphis Possibilities -

West Memphis added another piece to its burgeoning logistics and distribution puzzle Friday with the completion of South Loop Drive, the $8 million, restricted-access truck route that connects the city’s port with rail and logistics facilities plus Interstates 40 and 55.

78. BNSF Offers Express International Container Service -

Already in the midst of a $200 million expansion to its Memphis intermodal yard near Lamar Avenue and Shelby Drive, BNSF Railway Co. is making another substantial investment in the city.

79. Weekly US Rail Shipments Continue to Plunge -

WASHINGTON (AP) - Shipments carried by U.S. railroads sank for a third straight week last week amid deteriorating economic conditions, a major industry trade group reported Thursday.

The Association of American Railroads said freight carried on the tracks for the week ending Dec. 13 totaled 292,434 carloads, down 9.3 percent from the year-earlier period. Shipments fell 8.5 percent a week ago, and 10.1 percent the week before.

80. Freight Haulers Slam on the Brakes -

In a normal year, Gordon Trucking Inc. might replace 20 percent of its fleet of 1,500 big rigs with new trucks. But given the bleak outlook for the freight business, the Pacific, Wash., hauler doesn’t intend to buy a single new truck next year.

81. Fitch Says Recession Challenges Freight Shippers -

Fitch Ratings reported Tuesday that 2009 will be more difficult than this year for freight shippers, as the recession drags down the financial performance of trucking and railroad companies.

The credit-rating agency said the large railroads are in better shape to handle the recession because they are coming out of five years of strong growth and enjoy more pricing power.

82. Weekly US Rail Shipments Jump, Inflated by Holiday -

WASHINGTON (AP) - Shipments carried by U.S. railroads rose 6.6 percent last week, boosted by comparison to a year-ago period slowed down by the Thanksgiving holiday, a major industry trade group reported Wednesday.

83. Leading Indicators Fall in October -

The economy’s health worsened in October as stocks, building permits and consumer expectations all fell, a private research group said Thursday.

The New York-based Conference Board said its monthly forecast of economic activity declined 0.8 percent in October, worse than the 0.6 percent decrease expected by economists surveyed by Thomson Reuters.

84. US Rail Shipments Tumble 9.1 Percent -

Shipments carried by U.S. railroads plunged 9.1 percent last week compared to a year earlier, a major industry trade group reported Thursday.

The Association of American Railroads said freight carried on the tracks for the week ending Nov. 15 totaled 309,099 carloads.

85. Union Pacific Redirecting Trains from New Orleans -

NEW YORK (AP) - Union Pacific, the nation's largest railroad, is redirecting rail traffic from New Orleans to two other cities in preparation for a possible strike by Tropical Storm Gustav.

Rail traffic that normally flows through New Orleans is being redirected through Memphis, Tenn., and St. Louis, spokeswoman Raquel Espinoza said Thursday.

86. DOT Says Freight Activity Gained Slightly in April -

WASHINGTON (AP) - Freight activity edged marginally higher in April and a passenger index also rose, according to government data released Wednesday.

The Transportation Department's Bureau of Transportation Statistics said its freight transportation services index, which measures changes in the output of services by the railroad, air freight and trucking industries, was 109.4 in April, about 0.1 percent higher than the same month last year.

87. DOT Says Freight Activity Fell in March -

WASHINGTON (AP) – Freight activity fell in March while a passenger index rose, according to government data.

The Transportation Department’s Bureau of Transportation Statistics has said its freight transportation services index, which measures changes in the output of services by the railroad, air freight and trucking industries, was 109.4 in March, 0.4 percent lower than the same month last year.

88. West Memphis Moves Up With FTZ Designation -

West Memphis enhanced its logistics and distribution profile last month when 340 acres of industrial real estate was granted a Foreign Trade Zone (FTZ) designation, which provides economic benefits in the form of reduced tariffs for importers and exporters.

89. Recycle Solutions Talks Trash With Biz Owners -

Mark Huber admits it can be a challenge getting business owners to talk about garbage - how much they produce, where it goes and what can be done to reduce it.

It can be harder getting them to consider recycling, because while the "green" movement might be all the rage in some parts of the country, that's not always the case locally.

90. CBU Finds Business Expertise With New Dean -

When Christian Brothers University promoted Mike Ryan to vice president for advancement from dean of its school of business last summer, it was the fifth time in 13 years the school's dean had left the job.

91. 2007 Freight Activity Down,DOT Says -      Freight activity fell in 2007 for the second straight year, while a passenger index rose, according to government data released Wednesday.
     The Transportation Department's Bureau of Trans

92. 'Turn to West Memphis,' City Urges Logistics World -

Ward Wimbish has a message for companies thinking about moving part or all of their logistics and distribution operations to the area: West Memphis is open for business.

Bolstered by a slick new Web site (www.westmemphis.com), robust infrastructure and competitive incentives, the city has launched a full-scale campaign to lure the type of commerce that helped its much larger neighbor across the river earn the tagline "America's Distribution Center."

93. BNSF Railway Poised to Make Memphis Integral Part of System -

BNSF Railway Co. has taken another step toward expanding its local footprint.

Last week the company filed a $2.1 million building permit to convert a vacant building into office space and locker rooms for employees, according to The Daily News Online, www.memphisdailynews.com

94. On Pressing the Flesh -

Reda Mansour, the 41-year-old Israeli diplomat who was appointed earlier this fall as consul general of Israel to the southeastern United States, is visiting Memphis this week.

His trip is part of a larger meet-and-greet that's taking him to every major Jewish community in the six states in his diplomatic territory. The Memphis visit includes a lecture Tuesday at 7:30 p.m. at the Memphis Jewish Community Center (MJCC) about the current socio-political situation in Israel and the larger Middle East.

95. Up in the Air -

Northwest Airlines is still experiencing some turbulence even though it plans to re-hire 75 furloughed pilots by year end and 150 by mid-2007.

Because some pilots are not accepting the company's recalls for various reasons, the Eagan, Minn.-based carrier will extend recalls to hundreds of its pilots, it said in a statement. By Oct. 10, it had sent letters to about 425 furloughed pilots.

96. 'If You Build It' -

In the 1989 movie "Field of Dreams," a mysterious voice tells Kevin Costner's character, Ray Kinsella, "If you build it, they will come," referring to the construction of a baseball field in the middle of Iowa farmland. A Chicago-based development company is taking that approach, except with a large-scale warehouse project at the northwest edge of West Memphis, Ark., touching the border of Marion.

97. Commercial Appeal Management Dealt Legal Blow -

In 1997, the future looked good for the Spokane Spokesman-Review, the daily newspaper of the city of Spokane, Wash., and one of the few family-owned newspapers left in the country.

That year, the paper and its staffers took home top honors in two journalism contests. The paper's editor at the time, who would later serve as president of the Associated Press Managing Editors association, already had helped it garner a slew of awards for reporting, design and photography. During his tenure, the Columbia Journalism Review named the paper one of the 25 best in the country.

98. BNSF Moves on Expansion Plans -

Memphis, already firm in its status as a national transportation hub, is on the verge of another major transport industry development. Burlington Northern Santa Fe is moving forward with a planned expansion of its railway facility at Shelby Drive and Lamar Avenue.

99. Archived Article: Trends - By Andy Meek

More Industries Expand Marketing Through Branding


The Daily News

When the bosses at Fullen Dock and Warehouse decided to spread the word that theyre a major player in the aggregate business something potential cust...

100. Archived Article: Daily Digest - Millington Property

Millington Property

Financed for $1.5 Million

Pats Mill LLC has financed two tracts totaling 125.57 acres at Bethuel and Center College roads in Millington for $1.5 million, according to The Daily News Public Records Dat...