Small Trucking Firms See Tighter Lending Standards
With a freight recession underway, industry experts said creditors are applying tighter standards to many trucking firms, or any firm with a troubled history.
July 24, 2019DOT Offers $1.4 Billion in TIFIA Credit Assistance for Infrastructure Projects
The Department of Transportation on March 11 announced the availability of $1.4 billion in credit assistance over the next five years for critical infrastructure projects nationwide, using Transportation Infrastructure Finance and Innovation Act funding.
March 11, 2016New Company Offers Trucking Firms Pre-Paid MasterCard to Manage Expenses
A new company, Bento for Business, is offering a pre-paid commercial MasterCard to help trucking firms and small-fleet operators manage expenses.
March 25, 2015Trucking, Natural-Gas Industry Benefit from Congress’ Tax-Credit Legislation
Fleets that purchased new trucks or use natural gas could reap large tax credits thanks to a bill the Senate sent to President Obama.
December 22, 2014Industry Hopes Expired Tax Credits Are Renewed in Lame-Duck Session
Expired tax credits worth hundreds of millions of dollars to the trucking industry and fuel producers hang in the balance as Congress meets for a lame-duck session that could be contentious or productive.
November 17, 2014Panel Approves Bill Extending Tax Credits for New Trucks, Alternative-Fuel Producers
A bill that would extend tax credits for carriers buying new trucks and to those who produce biodiesel or supply trucks with natural gas has been approved by the Senate Finance Committee.
April 14, 2014Opinion: How to Grant Credit Safely
Consumer Credit Rises in November
Consumer credit increased in November, led by a rise in student and auto loans, the Federal Reserve reported Jan. 8.
January 8, 2014