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VOL. 126 | NO. 25 | Monday, February 7, 2011

New Guidelines Have Trucking Industry Cautious

Memphis’ location and infrastructure – its gateway to the west and within a day’s drive to a huge segment of the population – make it a critical distribution center and focal point for trucking.

Bridge to Everywhere

New Mississippi River span integral to keeping city competitive

In four years, there could be a location in the Memphis area designated for the construction of a new intermodal bridge spanning the Mississippi River.

Sears Closure Will Affect Nearly 100 Workers

Sears has informed the Tennessee Department of Labor and Workforce Development that the closure of its store at 3344 Austin Peay Highway, which the retailer announced in January, will affect 91 workers.

2010 Brought $531M in Downtown Investment

What a year. That likely was the thought that went hand-in-hand with preparing the Center City Commission’s 2010 year-end recap, which is now posted online.

Muller Brings Love for Memphis to Chamber

In the eyes of Dexter Muller, Memphis’ shining attribute is that it’s too big for its britches.

Local Weather
Memphis, TN
A Few Clouds
Wind: Southeast at 4.6 mph
Humidity: 55%


Davis-Kidd Booksellers will host a reading and book-signing with Kevin Brockmeier, author of “The Illumination” Monday at Davis-Kidd, 387 Perkins Road Extended.

more events »

Titan Lives Up to Name with Ambitious Growth Goals

Shelbyville, Tenn.-based Titan Transfer Inc. is a stalwart in the trucking industry, and the company is beefing up its profile with a new Memphis location and plans to triple in size.

MCS Seeks New Court Order For $57 Million

City leaders responded to a new filing by Memphis City Schools in the ongoing funding dispute between the two by saying the city intends to pay the $57 million two courts have ordered it to pay MCS.

Nashville Ledger Launches New Print, Online Versions

The Nashville Ledger – The Daily News Publishing Co. Inc.’s rebranded successor to The Westview suburban weekly – recently launched a new print and online layout in efforts to broaden its audience.

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.

Trust One’s Parent Rolls Out Cost-Cutting Measures

Synovus, the parent of Trust One Bank in Memphis, is rolling out a slew of efficiency initiatives, cost-cutting measures and revenue boosters intended to generate tens of millions of dollars in savings.

City, State Leaders Hammer Out Schools Consolidation Bill

The Tennessee Legislature begins its working session Monday evening with schools consolidation legislation the first bill on the floor for the state House and the state Senate. And if the legislation passes it will be the first bill to go to the desk of the new governor, Bill Haslam.

Schools Legislation Readies for Big Stage After Committee Approval

If last week’s legislative committee sessions in Nashville are any indication, Democratic legislators from outside Memphis will be the most vocal critics of Monday’s floor votes on schools consolidation legislation.

Growing Alzheimer’s Population Increases Demands on Caregivers

The first of the 70-million strong baby boomers will celebrate their 65th birthdays this year, and it’s estimated that one out of eight will suffer from Alzheimer’s disease, the most common form of dementia.

Mays: Petties Codefendants to Keep Capital Counsel

Extra legal counsel appointed for four defendants in the largest and most violent drug case ever tried in Memphis federal court will remain on the job, but they will take a pay cut.

Why Salespeople Fade Out

Salespeople are among the most valuable of employees. They should be; they bring in the money. And then comes a time when they don’t.

Giving Back to Fight Arthritis

Last week, we talked about the American Heart Association and their Go Red for Women campaign, which is raising awareness and fighting heart disease in women. This week, let us turn our attention to the nation’s most common cause of disability – arthritis – and examine how we can help the efforts of the Arthritis Foundation (www.arthritis.org).


Shifting Gears

Memphis has long been a real estate town.

CRE Market’s Transition Fitting Parable for City

A city’s commercial real estate market tends to mirror the local economy.

Dancers Converge for Annual AXIS

Project: Motion Modern Dance Collective will continue its relatively new tradition of importing guest artists of contrasting styles in this year’s continuation of the annual AXIS series.

All-Italian Wine Lists are Rare, Even at City’s Italian Eateries

When I was in New York last week, attending a three-day conference on Italian wine, my one major meal outside the hotel was at Morandi, an Italian restaurant at Waverly Place and Seventh Avenue in Greenwich Village. This is a sole venture into Italian food for restaurateur Keith McNally, whose French-inspired outposts, from Odeon in TriBeca to Balthazar in SoHo to Pastis in the Meatpacking District, not only defined casual Gallic dining below 14th Street but helped to establish their neighborhoods as destinations.

’06 Chianti Rufina Offers Classic Taste at Great Value

Having spent three crowded and hectic days in New York last week at VINO 2011, a conference hosted by the Italian Trade Commission, I thought it would be appropriate to offer a (really) brief tutorial in the intricacies of Chianti as well as a recommendation for a terrific example of the sangiovese grape.


Haslam Advisers Carefully Timed Disclosure Release

NASHVILLE (AP) – Republican Tennessee Gov. Bill Haslam has been steadfast in his defense of a move in his first day in office last month to scuttle his predecessor's requirement for the governor and his senior staff to disclose the amount of their outside earnings.


Miss. Considering Bills on Carbon Storage

JACKSON, Miss. (AP) – Mississippi lawmakers are considering bills to allow and regulate the underground storage of carbon dioxide.


Unemployment Falls to 9 Pct., Nearly 2-Year Low

WASHINGTON (AP) – The unemployment rate is sinking at the fastest pace in half a century because a surprisingly large number of people say they're finding work.

Pump Prices Likely to Rise with Egypt Unrest

Retail gasoline prices are likely to creep higher as anti-government protests continue in Egypt and concerns remain about the stability of the Middle East.


Government in New Dispute with Tobacco Companies

WASHINGTON (AP) – The Justice Department is in a new dispute with the tobacco industry over the government's landmark lawsuit against the companies.

Fed Says Commercial Loans Not Threat to Big Banks

WASHINGTON (AP) – The Federal Reserve doesn't see losses from failed commercial real estate loans as a threat to big financial institutions, although weakness in the commercial market will continue to dampen economic growth, an official said Friday.

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PROPERTY SALES 90 140 15,764
MORTGAGES 100 162 18,210
BUILDING PERMITS 194 315 32,829
BANKRUPTCIES 57 116 10,129

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