Dec 12, 2022 - Business

New report outlines NWA's roadmap to mobile leadership

Chair of the Arkansas Council on Future Mobility, Cyrus Sigari, hands the final report to Gov. Asa Hutchinson. Photo: Courtesy the office of Gov. Hutchinson

From rocket ships to scooters, a new report outlines ways for Arkansas to leverage its existing expertise to become a leader in all things mobile.

Driving the news: An appointed council of business leaders, academics and policymakers handed the document of recommendations to Gov. Asa Hutchinson at a news conference Thursday.

Why it matters: The global transportation and logistics industry is valued at about $10 trillion dollars annually. Meanwhile, burgeoning industries around new tech, like flying cars and public-sector space travel, are estimated to hit $1 trillion by 2040.

The big picture: Arkansas can tap into those fields because it has a wealth of transportation-related intellect tucked into companies like Walmart, J.B. Hunt and Tyson Foods, that together manage more than 30,000 semi-trucks.

Details: The report makes detailed recommendations in six key areas:

  • Seek investments to give economic fuel to a new mobility economy.
  • Fortify workforce and academia to build a qualified workforce.
  • Set organizational infrastructure in the form of establishing a government office focused on advanced mobility.
  • Arrange community events and storytelling to educate citizens about the benefits of the industry.
  • Partner with surrounding states to leverage regional know-how.
  • Make policy changes that support growth in EV and advanced mobility.

Context: Hutchinson formed the group in February, a day before announcing a collaboration between several organizations dedicated to making the state a leader in "next-generation transportation."

What's next: The council officially concluded its business upon presenting the final report to the governor.

  • Hutchinson said at the news conference that the work of turning the recommendations into reality falls on the next administration and the General Assembly.

Go deeper: Read the full report or watch the news conference.


Get more local stories in your inbox with Axios NW Arkansas.


Support local journalism by becoming a member.

Learn more

More NW Arkansas stories

No stories could be found

NW Arkansaspostcard

Get a free daily digest of the most important news in your backyard with Axios NW Arkansas.


Support local journalism by becoming a member.

Learn more