Paycheck Protection Program
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Trucking
More detailed PPP data remains under wraps for now
SBA got a short stay but court considering a longer delay
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Trucking
Court orders far more specific disclosure for PPP borrowers
Companies that got less than $150,000 would have their names publicly released; that had happened only for firms that borrowed in excess of that.
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American Shipper
Employee pleads guilty to stealing $7M from marine cargo company
The president of Dan-Gulf Shipping said the stolen funds were not a major factor in shuttering the company.
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Infographics
Daily Infographic: The paycheck protection program
To view more FreightWaves infographics, click here.
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Drilling Deep Podcast
Drilling Deep: Loan forgiveness is the next big step as PPP moves toward its completion
The program ends soon for new applicants, but those who have received money will need to go through the process to enable them to avoid…
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Driver issues
Owner-operators seek one-year suspension of heavy vehicle tax
OOIDA warns suspending federal excise tax would hit Highway Trust Fund.
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Drilling Deep Podcast
Drilling Deep: Trucking got big money from PPP; what will be the impact?
With the release of the identities of the biggest recipients of money under the Paycheck Protection Program, reviewing all the names of those who got…
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News
The Daily Dash: Your look at today’s news
In today’s edition of The Daily Dash, YRC Worldwide is set to spend $700 million, Navistar and Samsara announce a tie-up and a PPP loan…
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Layoffs and Bankruptcies
PPP loan can’t save Alabama carrier from bankruptcy
Federal loan during the COVID-19 pandemic couldn’t keep Alabama-based Foster Freights LLC afloat, as it filed for Chapter 7 bankruptcy protection.
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Trucking
PPP money poured into trucking; did it keep capacity alive?
Reviewing the voluminous data about recipients a day after its release
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