VOL. 130 | NO. 16 | Monday, January 26, 2015
EMPHASIS Distribution & Logistics
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.
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.
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.
Fueled by a steep drop in foreclosure sales, fewer homes were sold in Shelby County in 2014 when compared to 2013.
Shelby County recorded a jump in homes sales in the fourth quarter when compared to the same period in 2013.
Shelby County home sales jumped significantly in December when compared to December 2013.
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.
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.
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.
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.
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.
Most innovations fail because they are too good, too smart and too unfamiliar to the existing business to risk launching.
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, 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.
MEMPHIS, Tenn. (AP) – The lawyer for a West Tennessee cemetery owner charged with mishandling burials said Friday he is working to resolve the case.
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.
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.
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.