• ITVI.USA
    15,538.260
    55.860
    0.4%
  • OTRI.USA
    25.110
    0.040
    0.2%
  • OTVI.USA
    15,498.590
    58.320
    0.4%
  • TLT.USA
    2.700
    0.000
    0%
  • TSTOPVRPM.ATLPHL
    2.550
    -0.030
    -1.2%
  • TSTOPVRPM.CHIATL
    3.030
    -0.080
    -2.6%
  • TSTOPVRPM.DALLAX
    1.450
    0.150
    11.5%
  • TSTOPVRPM.LAXDAL
    2.910
    -0.030
    -1%
  • TSTOPVRPM.PHLCHI
    1.700
    -0.040
    -2.3%
  • TSTOPVRPM.LAXSEA
    3.020
    -0.010
    -0.3%
  • WAIT.USA
    120.000
    0.000
    0%
  • ITVI.USA
    15,538.260
    55.860
    0.4%
  • OTRI.USA
    25.110
    0.040
    0.2%
  • OTVI.USA
    15,498.590
    58.320
    0.4%
  • TLT.USA
    2.700
    0.000
    0%
  • TSTOPVRPM.ATLPHL
    2.550
    -0.030
    -1.2%
  • TSTOPVRPM.CHIATL
    3.030
    -0.080
    -2.6%
  • TSTOPVRPM.DALLAX
    1.450
    0.150
    11.5%
  • TSTOPVRPM.LAXDAL
    2.910
    -0.030
    -1%
  • TSTOPVRPM.PHLCHI
    1.700
    -0.040
    -2.3%
  • TSTOPVRPM.LAXSEA
    3.020
    -0.010
    -0.3%
  • WAIT.USA
    120.000
    0.000
    0%
BusinessDriver issuesFinanceLogisticsNewsTrucking

Breaking: More than 800 3PLs got $150k plus under PPP

Just over 800 3PLs received more than $150,000 from the Paycheck Protection Program (PPP), and more than 30 trucking companies are listed among the biggest category of borrowers.

That’s according to the data released by the Small Business Administration on Monday morning, July 6, revealing the identity of all borrowers that received more than $150,000. 

Here are the long-distance trucking companies that received between $5 million and $10 million from the SBA under PPP

Click here to search the PPP database on FreightWaves.

  • Montgomery Transport – Birmingham, Alabama
  • Transco Lines – Russellville, Arkansas
  • Armellini Express Lines – Palm City, Florida
  • Crane Transport – Oakwood, Georgia
  • Howard Sheppard Inc. – Sandersville, Georgia
  • Earl L. Henderson Trucking – Caseyville, Illinois
  • Upstaging Inc. – Sycamore, Illinois
  • Truck Centers Inc. – Troy, Illinois
  • W.W. Transport – West Burlington, Iowa
  • Erik Holdings – Kansas City, Kansas
  • Total Logistics – Oakdale, Minnesota
  • Indiana Western Express – Springfield, Missouri
  • Fremont Contract Carriers – Fremont, Nebraska
  • TSL Company Holdings – Omaha, Nebraska
  • Grocery Haulers Inc. –  Iselin, New Jersey
  • McCollister’s Transportation Group – Burlington, New Jersey
  • Island Transportation Corp. – West Babylon, New York
  • Leonard’s Express – Farmington, New York
  • Shelba D. Johnson Trucking – Thomasville, North Carolina
  • Hughes Relocation Services – Lansdale, Pennsylvania
  • Modern Transportation Services – Sewickley, Pennsylvania
  • Alan Ritchey Inc. – Valley View, Texas
  • Arnold Transportation Services – Grand Prairie, Texas
  • Pate Trucking Co. – Lubbock, Texas
  • Reynolds Transportation – San Antonio, Texas
  • Daylight Transportation – Long Beach, California
  • North Park Transportation Co. – Denver, Colorado
  • Nu-Way Logistics, Bloomington – Illinois
  • Roadtex Transportation Management – Somerset, New Jersey
  • FST Logistics–  Columbus, Ohio
  • JNJ Express – Collierville, Tennessee
  • Central Freight Lines – Waco, Texas
  • J.S. Helwig & Sons – Terrell, Texas

Here are the 3PLs that received between $5 million and $10 million.

  • Yulista Tactical – Anchorage, Alaska
  • Ard Logistics-Alabama LLC – Vance, Alabama
  • Fox Transportation – Rancho Cucamonga, California
  • Envista – Carmel, Indiana
  • Barrett Distribution Centers – Franklin, Massachusetts
  • Benore Logistic Systems – Eric, Michigan
  • ODW Logistics – Columbus, Ohio
  • Armada Partners – Pittsburgh, Pennsylvania

Borrowers that receives less than $150,000 were not identified by SBA, that figure being the cutoff. Most loans fell under that cutoff.

More articles by John Kingston

More than 3,200 trucking companies received more than $150,000 from PPP

Trump signs PPP extension, program lives until August 8

PPP looks to be putting money into the hands of trucking companies quickly

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John Kingston

John has an almost 40-year career covering commodities, most of the time at S&P Global Platts. He created the Dated Brent benchmark, now the world’s most important crude oil marker. He was Director of Oil, Director of News, the editor in chief of Platts Oilgram News and the “talking head” for Platts on numerous media outlets, including CNBC, Fox Business and Canada’s BNN. He covered metals before joining Platts and then spent a year running Platts’ metals business as well. He was awarded the International Association of Energy Economics Award for Excellence in Written Journalism in 2015. In 2010, he won two Corporate Achievement Awards from McGraw-Hill, an extremely rare accomplishment, one for steering coverage of the BP Deepwater Horizon disaster and the other for the launch of a public affairs television show, Platts Energy Week.

4 Comments

  1. Some of these companies had little or no change in business during the lockdowns.

    Grocery stores were listed despite record demand. Explain that?

    Everyone will be paying this back thru higher taxes to prop up zombie companies for a few months.

    1. $5-10 MM for Grocery Haulers Inc. – Iselin, New Jersey

      LOL? Is this a joke?
      Grocery stores were booming and couldnt get enough trucks

  2. This is unfair competition and a complete waste of taxpayers money. A better much more effective solution would be limit wage subsidy to $10,000 per trucking for non drivers wages. Assistance with insurance costs and medical bills for truck drivers who get sick and for 75 percent of of hotel room up to 40 dollars U S or 52cd per night for truck drivers with no home or apartment or in delivery or pick up in hotspot or in another country is a much better idea. Help with insurance costs and one year exemption from the border crossing fees and the heavy user fee for the first 50 trucks in any fleet along with up to one million dollars per company in insurance costs for truck bus wheelchair taxis and city transit
    Assistance in wages should have only apply to transportation that is hauling people.

  3. You forgot RPM Freight Systems – Royal Oak, MI

    They took out two PPP under two different companies. 304 4th St Royal Oak MI

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