Transportation Webinar: Financial Navigation in Uncertain Times

Date:March 27, 2020 
Time:1:00-2:00 p.m. EDT 

The global COVID-19 pandemic has created uncertainty for companies in all industries. With fluid changes to regulations and the creation of new critical business objectives to deliver medical supplies and consumer necessities, the business of trucking has taken an unexpected turn. How does this new reality impact your company?

In this webinar conversation, hosted by the Truckload Carriers Association (TCA) March 27 from 1:00-2:00 p.m. EDT, industry experts will share financial best practices and strategies to build a strong financial contingency plan for your carrier during these uncertain times.

Featured Presenters:

Key Discussion Points:

  • Weekly management reporting
  • Debt servicing metrics and ratios
  • Balance sheet analysis – liquid versus non-liquid
  • Cash balances
  • Accounts receivable monitoring and strategies
  • Projected operations cash flow
  • Projected and personal burn rates
  • Cash flow sustainability
  • Summary of adjustments
  • Monthly expense analysis – variable versus fixed
  • Delaying or deferring payments
  • Analyzing which expansion, growth, or Cap X plans and expenditures can be delayed
  • Asset liquidation
  • Additional financing options  
  • How a change to your current business process may impact company culture

To register for the webinar, please click here.