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On-Demand Transportation Webinar: Accounting and Tax Updates in the COVID-19 Environment

Posted 5:00 PM by
As with all industries, the COVID-19 pandemic has affected the transportation industry in a number of ways. Among the flurry of changes over the past few months, trucking professionals should be aware of the many accounting and tax updates which may impact daily and long-term business operations.
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Carriers: The Importance of Tax Planning in Times of Uncertainty

Posted 6:46 PM by
There are few things that can ruin a day as quickly as a call from your accountant with the news that you owe more than expected on an upcoming tax deadline. Thankfully, there is an alternative to tax deadline surprises. With thoughtful tax planning in the third and fourth quarters, transportation companies can take control of their tax liabilities, which is of utmost importance during times of financial or economic uncertainty, and is crucial as we weather the current pandemic.
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On-Demand Webinar: Understanding How Freight Network Engineering Leads to Profitable Trucking Operations

Posted 6:45 PM by
The transportation industry has always operated in a cyclical manner, where prosperous times are followed by times which are not so lucrative. How can truckload carriers beat the market in all cycles to guarantee profitability and survival? That’s where a freight network strategy comes into play.
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McLeod/KSM Transportation Accounting & Finance Virtual Conference

Posted 6:15 PM by
Like many other industries, transportation has been significantly affected by the COVID-19 pandemic. From finding better ways to manage cash flow to adopting new technologies, the crisis has forced transportation companies to undergo a myriad of changes this year in order to survive. These changes greatly affect the role of financial professionals who work for transportation providers, including trucking companies or brokerage/3PL companies.
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On-Demand Transportation Webinar: Carriers: Navigating Financial and Operational Challenges During Uncertainty

Posted 5:00 PM by
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?
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6 Tips for Strategically Managing Transportation Brokers

Posted 8:15 PM by
In the course of our consulting practice, we review and analyze many carriers’ freight networks. This consultation includes reviewing clients’ strengths and weaknesses when it comes to managing transportation services. While every carrier we visit uses transportation brokers, most do not have a strategy for those relationships. Carrier/broker relationships are largely transactional in nature, and are typically handled at a low level in the carrier’s organization.
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On-Demand Transportation Webinar: Untangling the Paycheck Protection Program (PPP) Loan Forgiveness Application

Posted 8:15 PM by
Ever since the initial release of the Paycheck Protection Program (PPP) in early April, borrowers have been frustrated by the lack of detailed guidance about the program’s parameters. Although the Small Business Administration (SBA) has shared minimal updates over the last month, authoritative guidance clarifying critical definitions and providing much-needed direction has not been available. On May 15, the SBA released the PPP loan forgiveness application, an 11-page application that sheds some light – although dim – on several outstanding items.
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Freight Rates: The Games Continue

Posted 8:15 PM by
We are in uncharted waters as a world, a country, and a freight economy. Networks have been disrupted, plants shuttered, trucks parked, and drivers unemployed. Carriers and brokers are doing what they can to get through the worst of the disruption while planning for the restart of the economy as North America emerges from the shutdown. Shippers are using the disruption to lower their shipping costs.
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Transportation Webinar: Carriers: Navigating Financial and Operational Challenges During Uncertainty

Posted 2:30 PM by
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?
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Transportation Webinar: COVID-19 Federal Assistance for Small & Mid-Size Carriers

Posted 8:40 PM by
In this webinar conversation, hosted by the American Trucking Associations (ATA) National Accounting & Finance Council (NAFC) April 7 from 2:00-3:00 p.m. EDT, Randy Hooper, partner with Katz, Sapper & Miller’s Transportation Services Group, will moderate a panel of SBA lenders to answer questions about eligibility requirements and the loan process
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