The U.S. Small Business Administration wants the Federal Railroad Administration to revise its analysis for the proposed train crew size rule, contending it “significantly understated” costs and the number of potentially affected businesses.
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 the first round.
Now is a good time for carriers that boosted their balance sheets with PPP loans to leverage that by investing in technology.
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 wasn’t enough to save an Alabama carrier.
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 will take in terms of staff, systems and office space to operate a successful company.
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 risk.
“Good faith” is inferred and won’t need to be certified further.
Trump signs bill carving out $60 billion in loans specifically for smaller community-based lenders.
Sector makes up 3% of $342 billion worth of COVID-19 payroll protection loans.
More funds for loans could help protect small and midsize carriers from layoffs.
Congress expected to approve package that could help avoid permanent shutdowns
The Defense Department (DoD), General Services Administration (GSA) and National Aeronautics and Space Administration (NASA) are proposing to amend the Federal Acquisition Regulation (FAR) to support the Small Business Administration’s […]
Denial to SBTC follows last year’s denial to OOIDA.
Hear from owner-operators and safety personnel to stay ready for the challenges of the road
