Will Netflix s Ice Road solve the biggest problem in trucking? overdriveonline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from overdriveonline.com Daily Mail and Mail on Sunday newspapers.
Don’t Miss Out
Join 135,000 owner-operators who get helpful insights and important news delivered straight to their inbox with the Overdrive newsletter.
Email
Sign Up
May 14, 2021
Overdrive s news and analysis of last year’s hours of service revision is competing for the Best News Coverage award.Overdrive editors are contenders for five awards in the Jesse H. Neal Awards competition among business-to-business media outlets.
The program, run by the the Software & Information Industry Association, is the industry’s most prominent B2B journalism competition. A panel of over 80 judges reviewed the 235 finalists in three stages to select winners in 24 categories. Winners will be announced June 9.
Feb 11, 2021
Lyons Gate Group owner Jose Williams received a $16,000 Paycheck Protection Program loan last year and has applied again under the current round of PPP funding.There’s federal money up for grabs again for pandemic-hit owner-operators and small fleets, with about seven weeks left to apply.
The process for effectively turning a Paycheck Protection Program loan into a grant has been simplified since the first time it was offered, and in other ways the program is less restrictive than in PPP’s first round.
One drawback, however, is a hurdle for businesses looking to get a second loan. PPP2 requires a borrower to have suffered a drop of at least 25% in revenue for any quarter in 2020 compared to the same quarter in 2019. Many small trucking operations took a severe hit during the spring, enough to log a dismal quarter that would qualify for that 25% decline.