Paycheck Protection Program
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La empresa de camiones de Mississippi y su propietario son acusados de utilizar indebidamente los fondos de la APP
Bailey's Trucking habría utilizado más de 143.000 dólares para "fines no autorizados”
Read More » - Legal issues
Mississippi trucking company, owner charged with misusing PPP funds
Bailey’s Trucking and its owner were charged with making false representations on an application to receive money through the Paycheck Protection Program.
Read More » - Finance
PPP gets another 2 months; transportation, warehousing share of loans growing
The loan size shrinking across the board but the amount of money going to transportation and warehousing sector grew more than $1 billion last week.
Read More » - Driver issues
Update: House overwhelmingly approves extension of PPP for several more months
Reports of problems in the application process are widespread, but the PPP loans given out total more than $160 billion.
Read More » - Trucking
PPP lending only to businesses of up to 20 workers for 2 weeks
Loans so far in PPP round two that go to the trucking and warehouse sector are about the same percentage of all loans as in…
Read More » - Driver issues
Tennessee lawmaker to pursue vaccines at truck stops
OOIDA testifies on vaccine and truck parking concerns before the House transportation committee.
Read More » - Driver issues
Second round of PPP funding begins Monday
First-round borrowers can get more money in the second round but need to show some financial downturn to do so
Read More » - Trucking
OOIDA rips into lack of trucking aid in spending bill; says expanded PPP not specific to the industry
One type of trucking company may get some relief: those hauling timber
Read More » - Trucking
The Daily Dash: Republic cancels Nikola truck order; Forward Air recovering
In today’s edition of The Daily Dash, Republic Services has canceled a 2,500-truck order with embattled hydrogen-electric truck maker Nikola Corp. Plus, Forward Air is…
Read More » - Trucking
Trucking companies may be faring too well for obtaining more PPP funds
A quarterly year-over-year drop of 25% needs to be on the books for access to money.
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