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VOL. 130 | NO. 16 | Monday, January 26, 2015
EMPHASIS Distribution & Logistics

Taxing Question

Should gas taxes be raised to pay for infrastructure improvements?

With gas prices in a historic plunge, the idea of hiking state and federal gas taxes and fees to pay for transportation infrastructure improvements is gaining traction.

Trucking Industry in ‘Desperate’ Need of Drivers

With demand on the upswing thanks to improving economic growth and lower fuel prices, a scarcity of truck drivers could put the brakes on the trucking industry and cripple a critical piece of global supply chains.

Railcar Honors Railroad and Transportation Veteran

Charles Bruce Hallmann loved the railroad and transportation industries. Hallmann, former vice president of sales with Memphis-based third-party logistics provider Cornerstone Systems Inc., began his career in 1960 and joined Cornerstone Systems in 1998, helping turn the company founded in 1997 into a leading national provider of logistics and transportation services.

Foreclosure Sales Drop 26 Percent in Shelby County

Fueled by a steep drop in foreclosure sales, fewer homes were sold in Shelby County in 2014 when compared to 2013.

Local Weather
Currently
Memphis, TN
76.0°F
Partly Cloudy
Wind: Southwest at 9.2 mph
Humidity: 88%

EVENTS

Rhodes College will host the Tournees French Film Festival Tuesday, Jan. 27, through Feb. 11 in the Blount Auditorium in Buckman Hall at Rhodes, 2000 North Parkway. All screenings start at 7 p.m. Films will be subtitled in English. Cost is free. Visit rhodes.edu for a schedule.

more events »

Multiple Factors Create Strong Fourth-Quarter Home Sales

Shelby County recorded a jump in homes sales in the fourth quarter when compared to the same period in 2013.

December Home Sales Increase Sharply

Shelby County home sales jumped significantly in December when compared to December 2013.

Commissioners Watching What’s Next for Fairgrounds Plan

It’s not on the Monday, Jan. 26, agenda of the Shelby County Commission, but commissioners are watching the political dominoes that are lining up en route to some kind of move by the city of Memphis toward a Fairgrounds Tourism Development Zone.

Shelby Farms Campaign Closes In on Last $100,000

The Shelby Farms Park Conservancy hopes to close out its $70 million capital fundraising campaign by Sunday, Feb. 1, for the “Heart of the Park” improvements already underway.

First Horizon Ends 2014 on Upswing

The parent company of First Tennessee Bank wrapped up its 150th anniversary year by delivering $213 million in net income to shareholders, up from $24 million for 2013.

GOVERNMENT AGENDA

January 26 Shelby County Commission Agenda

The Shelby County Commission will meet Monday, Jan. 26, at 3 p.m. in the Shelby County Administration Building, 160 N. Main St. Click on the meeting icon for an agenda.

SMALL BUSINESS

Germantown’s Trainers Studio Aims to Keep Clients Close

Susan Ritter had been a Marine and a competitive athlete. Mike Farah had been a successful corporate executive who almost worked himself into an early grave, lost 50 pounds, retired, and began competing in body building competitions.

LOCAL COLUMNISTS

Keys for Compelling Storytelling

Most innovations fail because they are too good, too smart and too unfamiliar to the existing business to risk launching.

SPORTS

Memphis to Play in Hoophall Miami Invitational

MIAMI (AP) – Kentucky will play South Florida and Ohio State will meet Memphis on Nov. 27, in the inaugural Hoophall Miami Invitational presented by the Basketball Hall of Fame.

MEMPHIS AREA

Shelby County Schools Suspend Use of Charter Buses

MEMPHIS, Tenn. (AP) – Shelby County Schools has decided to suspend the use of charter buses for extracurricular activities until the district can review safety records for all 36 companies that provide services.

Lawyer Working to Resolve Bartlett Cemetery Owner's Case

MEMPHIS, Tenn. (AP) – The lawyer for a West Tennessee cemetery owner charged with mishandling burials said Friday he is working to resolve the case.

STATE GOVERNMENT

Anti-Medicaid Expansion Lawmaker Criticizes Radio Ads

NASHVILLE, Tenn. (AP) – State House Republican Caucus Chairman Glen Casada, a staunch opponent of Gov. Bill Haslam's proposal to extend health coverage to 200,000 low-income Tennesseans, on Friday decried what he called "dishonest scare tactics" by a conservative group running radio ads targeting GOP lawmakers.

REGIONAL

Questions Still Surround Future of Arkansas Medicaid Plan

LITTLE ROCK, Ark. (AP) – While Gov. Asa Hutchinson has made it clear he wants to keep Arkansas' compromise Medicaid expansion in place through the end of next year, what's less certain is what happens after that for the thousands receiving health coverage through the program.

NATIONAL BUSINESS

UPS Takes a Hit During the Holidays, Cuts Outlook

NEW YORK (AP) – UPS spent heavily to avoid last year's debacle over the holidays, when an unexpected crush of last-minute shipping and terrible weather led millions of late deliveries.

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Blog News, Training & Events
RECORD TOTALS DAY WEEK YEAR
PROPERTY SALES 80 401 13,843
MORTGAGES 99 439 16,005
FORECLOSURE NOTICES 19 63 2,202
BUILDING PERMITS 233 998 28,755
BANKRUPTCIES 49 276 8,926
BUSINESS LICENSES 23 136 4,701
UTILITY CONNECTIONS 23 141 5,534
MARRIAGE LICENSES 15 88 2,982

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