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Manufacturing

Airlines' performance improves

WASHINGTON — The nation’s largest airlines had a rate of on-time flights this past May that was higher than both the same month last year and the mark posted in April 2009, according to the Air Travel Consumer Report released by the U.S. Department of Transportation (DOT). According to information filed with the Bureau of Transportation Statistics, the 19 carriers ...

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Index hits historic lows

WASHINGTON — The Freight Transportation Services Index (TSI) fell 0.6 percent in May from its April level, declining for the third consecutive month to the lowest level in 12 years, the Bureau of Transportation Statistics reports. The May decline was the smallest of the three consecutive decreases. The May decrease was the ninth decline in the Freight TSI in the ...

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VT Halter lands grants

PASCAGOULA and MOSS POINT — U.S. Sen. Thad Cochran (R-Miss.) reports the award of more than $2.87 million in federal grants to support shipyard improvements in Pascagoula and Moss Point. Three grants were awarded to VT Halter Marine Inc. for capital improvements at its shipyard operations in Pascagoula and Moss Point. The Pascagoula shipyard was awarded $1.56 million for a ...

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GM agreement approved

Consumers and automobile dealers will receive important protections provided by Mississippi law under the terms of an agreement approved in the General Motors (GM) bankruptcy proceedings, according to Mississippi Attorney General Jim Hood. Among the concessions sought by Mississippi, in conjunction with a multi-state group of state attorneys general, and received from GM in the bankruptcy case are: acceptance of ...

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Nonprofits get Mississippi Cottages

MISSISSIPPI GULF COAST — Mississippi Gulf Coast residents still in need of permanent housing because their lives were uprooted by Hurricane Katrina will soon have another way to obtain a Mississippi Cottage. The Mississippi Emergency Management Agency (MEMA) recently awarded 558 Mississippi Cottages to four non-profit organizations and the City of Pascagoula under the Mississippi Alternative Housing Program’s cottage donation ...

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PRS expanding in Houston

JACKSON — Parkway Properties Inc. is expanding its wholly-owned subsidiary, Parkway Realty Services, LLC (PRS) in Houston, Texas, and has added commercial leasing veteran Mark Preston to the Houston team of real estate professionals. PRS was founded in 1983 as a real estate service provider to both third-party clients and the investments for Parkway Properties. With the Houston office expansion, ...

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Renasant files with SEC

TUPELO — Renasant Corporation has filed a shelf registration statement on Form S-3 with the Securities and Exchange Commission (SEC). The shelf registration statement, once the SEC declares it effective, will allow the company to raise capital from time to time, up to an aggregate of $150 million, through the sale of common or preferred stock, warrants and units or ...

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ARRA funding road project

HATTIESBURG — The Mississippi Department of Transportation (MDOT) will soon oversee the resurfacing of 5.3 miles of U.S. 49 through Hattiesburg from Edwards Street continuing north to 31st Avenue. The $8.3-million project, fully funded by the American Recovery and Reinvestment Act (ARRA), was awarded to Dunn Roadbuilders of Laurel. The project is scheduled for completion by the end of the ...

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Unemployment claims drop

WASHINGTON — In the week ending July 4, the advance figure for seasonally adjusted initial unemployment claims was 565,000, a decrease of 52,000 from the previous week’s revised figure. The four-week moving average was 606,000, a decrease of 10,000 from the previous week’s revised average. The advance seasonally adjusted insured unemployment rate was 5.1 percent for the week ending June ...

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Early hunting seasons to be set

The Commission on Wildlife, Fisheries, and Parks will consider dates for the 2009-2010 early hunting seasons for migratory game birds July 22 at its monthly meeting, according to the MDWFP. The meeting will be held at 9 a.m. at the MDWFP office in Jackson. On June 26, the U.S. Fish and Wildlife Service released early-season frameworks that provide a window ...

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