Commentary: With PPP loans ended, what comes next?

The views expressed here are solely those of the author and do not necessarily represent the views of FreightWaves or its affiliates.       

Motor carriers form the most competitive mode of transportation. 

This is because there are so many independent players, and the mode is relatively easy to enter and exit. A tractor and a commercial driver’s license (CDL) are enough to make someone an owner-operator. 

In this way the owner-operator is a sole proprietor of a small business, either working...

https://s29755.pcdn.co/news/with-ppp-loans-ended-what-comes-next

The Daily Dash: Your look at today’s news

YRC government loan

The Daily Dash is a quick look at what is happening today in the freight ecosystem. In today’s edition, YRC Worldwide details how it will spend the $700 million loan it received from the government, Navistar and Samsara make it official and a PPP loan wasn’t enough to save an Alabama carrier.

YRC’s lifeline

Earlier this week, YRC Worldwide, the troubled less-than-truckload carrier, announced it would be receiving a $700 million loan from the U.S. Department of the Treasury in exchange for a 30%...

https://www.freightwaves.com/news/the-daily-dash-your-look-at-todays-news