As of late yesterday (Wednesday, May 4, 2011) Arkansas DOT closed the westbound lanes of I-40 at the White River between Memphis and Little Rock. They fully expect to close the eastbound lanes today (Thursday, May 5, 2011). Closure is expected for "at least a couple of days". They're advising transcontinental traffic originating from well away from Arkansas to route as far north as St Louis and as far south as I-20 to avoid the slow, 2-lane bottleneck detours.
Foy