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Coronavirus: Page 2
Majority of readers favor U.S. exit from WHO
Two-thirds of readers signaled support for Trump’s move to pull out of the World Health Organization. Read more comments here on Overdrive.
September 10, 2020
With COVID, states allowed food trucks at public rest areas — have you seen one?
As cities and states added restrictions to reduce the impact of COVID-19, a few states put programs into place to have food trucks at rest areas. More here.
September 1, 2020
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Owner-op income for 2020 a mixed bag, but plan for downside, more uncertainty
Reefer's up, flat's down, and the spot market's volatility is cycling faster than ever, said Todd Amen, president of ATBS, to start off Overdrive's GATS Week.
August 25, 2020
Business
Coalition calls for amended tax treatment of PPP funds
Specifically, the groups want Congress to clarify that businesses are able to deduct business expenses paid for by loans that are forgiven. In other news: Wallwork Kenworth relocated its Williston, North Dakota, location to an upgraded site, and WIT honored its top women-owned companies in trucking.
August 7, 2020
Channel 19
Tale of two PPP loan-forgiveness applications
As many small businesses begin filling out applications for PPP loan forgiveness, read all about two owner-operators' on-going experiences here.
July 21, 2020
Business
More than 100K trucking companies leaned on COVID financial aid program
Over 100,000 trucking companies applied for and received over $12 billion in Paycheck Protection Program loans. Learn more about the details on Overdrive.
July 17, 2020
Small Fleet Champ
JDT grows to accommodate top-notch drivers, doubles down to survive pandemic
JDT started as a one-truck operation and, detailed here, has grown to a fleet of 27, re-emphasizing its existing customer base relationships through COVID-19.
July 14, 2020
Small Fleet Champ
In worst of times, owner seizes opportunities — Hallahan Transport
Fiscal discipline has paid dividends for Rob Hallahan's small fleet. Read about his strategy navigating the COVID-19 biz landscape, growing through it. all
July 10, 2020
Voices
POLL: Should the U.S. be pulling itself out of the World Health Organization, as the White House is officially doing?
With the COVID-19 pandemic continuing to be a significant issue not only in the U.S. but globally, the U.S. officially intends in 2021 to pull out of the WHO, part of whose mission is to help facilitate international coordination around such threats. Should we be doing this? Weigh in here.
July 8, 2020
Business
How borrowers, sometimes unknowingly, sign away their assets in MCA contracts
When signing a merchant cash advance contract, understanding important legal provisions can help owner-operators and small fleets avoid signing away assets.
June 29, 2020
Business
‘I will take your daughters’: Abusive business lenders under increasing scrutiny from FTC
The U.S. Federal Trade Commission is seeking restitution for customers for fraud and abusive practices by merchant cash advance providers. More on Overdrive.
June 25, 2020
Business
Positive spot market signals, even with cloud of COVID case spikes in ag areas
Spot market rates for vans and reefers are higher than before the COVID-19 coronavirus hit the states. Learn more about the positive spot rates and trends here.
June 25, 2020
Business
Struggling small fleets stung by aggressive cash advance lenders
Thousands of small fleets and other trucking-related entities have been saddled with unworkable merchant cash advances. More on Overdrive.
June 22, 2020
Overdrive Extra
With a new OTR gig, independent trucker Bob Van Liew finds a fresh start in COVID shake-up
The coronavirus pandemic shook up owner-operator Bob Van Liew's one-truck operation, but he has landed with both feet on the ground as a leased operator.
June 19, 2020
Business
How load factoring companies’ diverse services help some fleets grow
Factoring companies can be effective tools for small fleet growth as an outsourced back office. Find growth rates for factoring versus non-factoring fleets.
June 18, 2020
Voices
POLL: Have you taken ill or had to quarantine after exposure to the COVID-19 coronavirus?
Several readers have been curious as to what extent their peers have contracted the COVID-19 coronavirus — or had to quarantine/limit contact with others after personal contact with a positive-test case. Weigh in with your own experience here.
June 18, 2020
Coronavirus
Volvo Group reduces global workforce by 4,100 due to coronavirus impacts
Volvo Group, parent of Volvo Construction Equipment and Mack Truck, says it will reduce its global white-collar workforce by more than 4,100 positions during the second half of 2020 due to impacts from the coronavirus pandemic. Approximately 1,250 of these positions are in Sweden and 15 percent are consultants. “The Corona epidemic and the global […]
June 17, 2020
Coronavirus
Report: Commercial traffic bouncing back to pre-pandemic levels
A new Samsara report shows that, on average, states are 95 percent away from commercial traffic levels before coronavirus led to shutdown orders.
June 16, 2020
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