Small Business Administration
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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…
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News
Commentary: With PPP loans ended, what comes next?
Now is a good time for carriers that boosted their balance sheets with PPP loans to leverage that by investing in technology.
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Trucking
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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American Shipper
US customs brokers, forwarders cautiously trickle back to offices
Third-party logistics services providers involved in international trade remain concerned about how their businesses will remerge post-COVID-19. They are addressing tough questions about what it…
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Trucking
Trucking firm claims SBA discrimination in denying PPP loan
A small trucking firm in Maine is claiming the Small Business Administration is denying PPP loans to companies currently in bankruptcy, thereby putting jobs at…
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Trucking
PPP loans under $2 million get a significant waiver from SBA
“Good faith” is inferred and won’t need to be certified further.
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Trucking Regulation
Women-owned trucking gets more access to new $320 billion PPP
Trump signs bill carving out $60 billion in loans specifically for smaller community-based lenders.
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Trucking Regulation
Transportation companies receive $10.6 billion in emergency cash
Sector makes up 3% of $342 billion worth of COVID-19 payroll protection loans.
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Trucking Regulation
Paycheck Protection Program may get $250 billion boost
More funds for loans could help protect small and midsize carriers from layoffs.
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Trucking Regulation
CARES bill opens billions in relief to small trucking companies
Congress expected to approve package that could help avoid permanent shutdowns
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