Transportation Webinar: Carriers: Navigating Financial and Operational Challenges During Uncertainty

Date:May 28, 2020 
Time:10:00-11:00 a.m. CDT 

The evolving COVID-19 pandemic has caused the trucking industry to tackle rapidly changing operational and financial practices. The Coronavirus Aid, Relief, and Economic Security (CARES) Act has provided economic relief to businesses and individuals, but many carriers are wondering how to maximize the tax and loan provisions designed to incentivize employee retention and help maintain cash flow. How can carriers best shift the financial and operational structure of their business to address everyday needs during these uncertain times?  

In this webinar conversation, hosted by the Iowa Motor Truck Association May 28 from 10:00–11:00 a.m. CDT, professionals from Katz, Sapper & Miller and KSM Transport Advisors will share financial and operational best practices and strategies to help carriers navigate this unprecedented situation.

Key Discussion Points: 

  • Paycheck Protection Program loan forgiveness update and best practices
  • CARES Act tax provisions
  • Communicating with your lenders in these unprecedented times
  • Internal control considerations
  • 13-week cash flow
  • Contingency strategies: preparing short-term business strategies depending on demand fluctuations
  • Freight network disruption

Featured Presenters:

To register for the webinar, please click here.