Arkansas
The Log Book: University of Arkansas’ supply chain program renamed to honor J.B. Hunt Transport
The Log Guide is a weekly rundown of human-interest tales associated to the transportation business. This week: The College of Arkansas’ undergraduate built-in provide chain administration program renamed in honor of J.B. Hunt; CFI wraps one other truck for its “She Drives CFI” initiative; and Bendix helps construct a brand new highschool athletic facility within the new headquarters’ group.
College of Arkansas’ provide chain program renamed to honor J.B. Hunt Transport
The College of Arkansas introduced Thursday it has renamed its Sam M. Walton Faculty of Enterprise undergraduate built-in provide chain administration program to the J.B. Hunt Transport Division of Provide Chain Administration as the school and the Lowell, Arkansas-based transportation and logistics firm look to leverage the partnership to develop leaders for tomorrow’s future provide chain wants.
As a part of the announcement, J.B. Hunt additionally stated it will be committing a further $1.5 million towards the event of the renamed provide chain undergraduate program at present ranked because the No. 1 within the nation by analysis agency Gartner.
“Walton Faculty goals to be the chief in provide chain administration schooling, analysis and profession readiness,” stated Matt Waller, dean of the Walton Faculty and holder of its management chair in enterprise. “A present of this magnitude from one of many world leaders in logistics can increase our attain to gifted college students, knowledgeable school and business thought leaders. Collectively, we will advance the business’s optimistic development and follow.”
Over the past two years, J.B. Hunt has donated $5 million to the Walton Faculty of Enterprise to assist the Fayetteville, Arkansas-based college develop into the highest vacation spot for future provide chain professionals. Since 2017, the corporate has gifted greater than $7 million to the college to assist with transportation and logistics initiatives.
After that preliminary present in 2017, the companions created the J.B. Hunt Innovation Heart of Excellence, bringing college students and researchers collectively to develop expertise options for various provide chains. In 2020, J.B. Hunt made a $2.25 million donation and created a $1 million endowed scholarship to assist range, inclusion and fairness initiatives inside Walton Faculty.
“J.B. Hunt and the College of Arkansas are shaping the way forward for the provision chain, not simply in northwest Arkansas however throughout the nation,” stated Shelley Simpson, president of J.B. Hunt. “Collectively, we’re making ready future leaders who will develop with the business to satisfy evolving provide chain challenges. This may assist us obtain our mission of making probably the most environment friendly transportation community in North America — and finally the world.”
CFI presents feminine driver with customized wrapped trucok
Truckload service Contract Freighters Inc. (CFI) on Wednesday unveiled a brand new firm truck with a big wrap recognizing its “She Drives CFI” program, which promotes higher profession alternatives for feminine skilled drivers.
That is the fourth wrapped truck CFI has created for this system, with every having been awarded to firm feminine driver ambassadors that use them to take part in native occasions, college applications, group engagement alternatives, truck exhibits and Particular Olympics convoys.
On the unveiling occasion, the truck was assigned to Penny Thomas, who has been driving for CFI for 15 years with over 1.6 million safe-driving miles behind her.
CFI at present employs over 4,000 girls drivers, which represents about 14% of its whole driving workforce. The corporate hopes its “She Drives CFI” wrapped vans will encourage extra girls to leap in an enormous rig and hit the highway.
“These vans acknowledge the skilled excellence and abilities of their drivers and serve to encourage extra girls to decide on trucking as a profession,” stated Greg Orr, president of CFI.
Bendix offers $25,000 to replace native highschool athletics facility
Avon, Ohio-based Bendix Business Car Methods introduced Thursday it has handed the Avon Athletic Boosters’ Challenge SOAR a $25,000 building present to assist modernize the highschool’s athletics constructing right into a 4,400-square-foot construction outdoors of its stadium to accommodate locker rooms, coaches’ workplace, medical coaching room and open group room.
With this donation, the brand new coaches’ workplace might be named after the car programs firm as effectively.
“The brand new athletic facility [plan] is spectacular, and we’re very proud to have joined with different Avon-area companies, households and people in supporting Challenge SOAR and its mission to additional the college’s athletic program,” stated Maria Gutierrez, Bendix director of company accountability and sustainability. “With Bendix’s current transfer to Avon, this was a venture that tied each to our new group and to the native college system, establishing a connection that we hope will flourish and develop within the coming years. Sports activities are at all times a good way to achieve youth and an ideal avenue to show college students about teamwork, self-discipline, management, and plenty of different abilities that we worth as a enterprise, so this venture was a powerful match.”
Challenge SOAR is a subset of the Avon Athletic Boosters, who got here collectively in 2019 to discover a approach to assist the college’s rising athletic expertise. First the group was seeking to construct a two story follow constructing however settled on the one story constructing when labor challenges and building prices started to pile up on them.
After Bendix moved its North American headquarters to Avon, Ohio, in 2021, SOAR turned conscious of the corporate’s dedication to group assist and reached out instantly to assist wrap up the brand new athletics facility venture.
“The perfect type of tasks are those the place the entire group comes collectively to get one thing performed, and I believe it is a nice instance,” stated Matt Canning, Challenge SOAR co-chair. “We have been in a position to pull collectively the group, companies, the college district, personal donors, and sweat fairness and labor from gamers and oldsters. That’s the mixture that made this occur.”
For Bendix, it represented an ideal introduction to the Avon group and what it hopes to perform sooner or later.
“We keep a seamless relationship with the district,” Gutierrez stated. “We hope to assist different tasks, together with tutorial applications that relate to STEM or sustainability.”
Watch now: What occurred in Northwest Arkansas?
You might also like:
The Log Guide: Loadsmart, House Depot Basis give again to veterans
The Log Guide: St. Christopher reaches $4M milestone of giving
The Log Guide: SuperRigs winner takes Better of Present prize for second time
The FREIGHTWAVES TOP 500 For-Rent Carriers checklist contains J.B. Hunt (No. 4).
Arkansas
Knowing the Florida Gators Opponent: Arkansas Razorbacks
Gainesville, Fla. – The Florida Gators men’s basketball team’s next destination is Fayetteville, Ark., as they’ll take on the Arkansas Razorbacks (11-4, 0-2) on Saturday for their third SEC matchup of the season.
Florida is currently sitting at 14-1 on the season and 1-1 in conference play. They opened their SEC slate with a nail-biting loss to the Kentucky Wildcats, losing 106-100 in Lexington.
However, the Gators were able to avenge this loss with one of the most dominant wins in men’s basketball history on Tuesday over No. 1 Tennessee. They trounced the Volunteers 73-43 in the O’Dome, marking the Gators’ first regular-season win over an AP No. 1-ranked team in program history and the biggest win over a No. 1-ranked team in the NCAA since 1968.
But enough about what Florida has done this season, let’s shift the focus to their opponents, the Razorbacks, and see who they are.
Arkansas’ season started out nice with a win over Lipscomb. However, it wouldn’t be the same for them in their second game of the season against then-ranked No. 8 Baylor, as they found themselves on the losing end of a tightly contested battle.
Then, following a good stretch for the team in red, they were tasked with the current No. 13 in the AP Poll, Illinois, and things wouldn’t go so well for new Razorbacks head coach John Calipari. His team was outclassed in this game 90-77, which ended their winning streak at four.
Arkansas did make amends with their fans a few games later, though. While participating in the Jimmy V Classic, they matched up with then-ranked No. 14 Michigan, who they narrowed past 89-87.
This win over the Wolverines helped maintain a three-game win streak that would eventually turn into a six-game streak. However, since SEC play started for the Razorbacks, they are 0-2 with losses to Tennessee and Ole Miss, who are currently ranked in the Top 25 AP Poll.
These pair of losses put Arkansas at just a 1-4 record against teams on their schedule to have been ranked or that are currently ranked.
While it was a complete roster overhaul for Calipari and the Razorbacks this offseason that was fueled by the transfer portal, their biggest grab has been from the high school ranks.
They added highly ranked players like Johnell Davis, Adou Thiero and Jonas Aidoo all from the portal, but it’s former five-star guard Boogie Fland who’s been arguably the best player for the Razorbacks this season.
Fland is averaging 15.5 points, 5.9 assists and 3.6 rebounds per game through 15 games this season. He is also connecting on 35.7 percent of his threes, which shows he’s more than just an inside scorer. Additionally, his 5.9 assists rank 24th among his competitors.
But in these first two SEC games, Fland is just 10-for-35 from the field and 3-for-17 from deep.
If the Gators can’t keep him in check like he’s been over these last two, then it might be a long afternoon for the visitors on Saturday.
Despite bringing in tons of talent that should’ve resulted in a great offense, Arkansas has been anything but that.
They currently rank inside the bottom five teams in the SEC in scoring offense, averaging 79.4 points per game. They do have two players scoring at least 15.0 points per game, but that’s pretty much it. Outside of Thiero (16.9) and Fland, they only have one other player in double figures (DJ Wagner, 10.5).
Moreover, if this becomes a free-throw-dominated affair, the Gators shouldn’t be too worried about the Razorbacks’ performance at the line. They are shooting 71.1 percent from the charity stripe, which is good for 12th in the league.
And, lastly, they have little to no presence on the glass. They are the worst team in the SEC in offensive rebounding, and they are 13th out of 16 teams in overall rebounding. These are two areas where the Gators dominate, and if things play out like they have been this season, then the visitors should outmuscle their counterparts.
This game will be televised on Saturday at 4 pm on ESPN.
Arkansas
Viewer pictures: The Natural State transforms into a winter wonderland
LITTLE ROCK, Ark. – A winter storm rolled into Arkansas Thursday and brought with it snow to the majority of western and central Arkansas.
Many from around the Natural State sent in pictures of their area covered in snow.
Though Arkansas is already full of natural beauty, there’s something about the state covered in snow that makes it even more of a winter wonderland.
Several kids from around the state got out and took advantage of the day off of school by throwing snowballs, digging up the snow, sledding and of course making snow angels.
Many who got out in the snow had enough accumulated to make snow men.
Share your snow day pictures at KARK.com/winter-pics.
Arkansas
Arkansas Blue Cross & Blue Shield Lays Off About 75 Workers, Reports $100M Loss
The Arkansas Blue Cross & Blue Shield building in Little Rock (Michael Pirnique)
Arkansas Blue Cross & Blue Shield sent layoff notices to 2% of its workforce — about 75 employees — on Thursday after reporting a loss of more than $100 million in the first three quarters of 2024, the state’s dominant health insurance carrier confirmed.
The Little Rock nonprofit had 3,375 employees as of April 2024, and its $3.14 billion in 2023 revenue put it at the top of Arkansas Business‘ most recent list of the state’s largest private companies.
But revenue in the first three quarters of 2024 was down by almost 7%, and the company (officially USAble Mutual) reported to the Arkansas Insurance Department a net loss of $100.5 million for those nine months. That compares with net income of $94.7 million for the same period in 2023, although the year finished with net income of just $13.2 million.
“The reduction in workforce was due to changing conditions in the market and increasing financial pressures primarily due to health care costs jumping to the highest levels in more than a decade,” Max Greenwood, an ABCBS spokeswoman, said in response to email questions Thursday afternoon.
ABCBS also has seen “large increases” in the use of all medical services, especially prescription drugs.
“These situations have caused necessary shifts in business strategy across the health care and health care insurance industries,” she said.
In addition, the insurance company lost tens of thousands of members as result of the state’s disenrollment of tens people on Medicaid in 2023.
As part of the Obama-era Medicaid expansion, the state pays private insurers to provide health insurance policies to qualifying Arkansans under the Arkansas Health & Opportunity for Me program, or ARHOME. This program had been known as the “private option” and Arkansas Works.
In January 2023, ABCBS had about 207,000 ARHome members. By December 2024, it was down to 108,729, Greenwood said.
“We’ve also seen a drastic increase in the claims amounts among our ARHome population,” she said. “Remember, since we were the first company who offered ARHome policies statewide when the program began, our block of members in that program is older and most likely unhealthier than what other carriers may be experiencing.”
ABCBS’ premium revenue fell during the first three quarters of 2024. It reported $2.2 billion premiums collected net of reinsurance through Sept. 30, a 4.8% drop from the same period in 2023.
The insurance company’s total members also fell from 630,444 on Dec. 31, 2023, to 598,492 on Sept. 30. The biggest drop came from its comprehensive individual plan. In that group, the total members fell nearly 17% to 132,596 members.
ABCBS also laid off 85 employees in January 2024. Those positions have not been refilled, Greenwood said.
She said it was too early to tell what the financial numbers will look like for the fourth quarter, which ended Dec. 31. No additional layoffs are planned at this time.
“Every executive vice president was asked to make reductions in their areas,” she said.
Greenwood said the insurance company has made several other budget-tightening moves for 2025. “We’ve reduced our budget by more than 7% including cuts to consulting and outside vendor costs, contract labor, software and equipment and facility costs,” she said. “We’ve also had to implement substantial premium increases on our small and large groups.”
Greenwood said the company has a strong balance sheet and has no concerns about its liquidity.
Founded in 1948, Arkansas Blue Cross & Blue Shield offers health and dental insurance policies for individuals and families.
-
Business1 week ago
These are the top 7 issues facing the struggling restaurant industry in 2025
-
Culture1 week ago
The 25 worst losses in college football history, including Baylor’s 2024 entry at Colorado
-
Sports1 week ago
The top out-of-contract players available as free transfers: Kimmich, De Bruyne, Van Dijk…
-
Politics1 week ago
New Orleans attacker had 'remote detonator' for explosives in French Quarter, Biden says
-
Politics1 week ago
Carter's judicial picks reshaped the federal bench across the country
-
Politics6 days ago
Who Are the Recipients of the Presidential Medal of Freedom?
-
Health5 days ago
Ozempic ‘microdosing’ is the new weight-loss trend: Should you try it?
-
World1 week ago
Ivory Coast says French troops to leave country after decades