Modifications to SBA Bridge Loan Program

Today the Small Business Administration (SBA) published a notice expanding eligibility for its Express Bridge Loan Pilot Program (Express Bridge Pilot) in response to the COVID-19 pandemic. As originally announced in October 2017, the Express Bridge Pilot authorizes certain SBA lenders to provide expedited SBA-guaranteed bridge loan financing on an emergency basis in amounts up…

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Statement on state and local restrictions on movement – COVID-19

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From FMCSA. The Federal Motor Carrier Safety Administration (FMCSA) is aware that States, localities and territories have implemented or may consider implementing quarantine or travel restrictions that impact movement within their jurisdiction and on persons entering from certain locations within the United States and U.S. territories with sustained community transmission of the COVID-19 disease, as…

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Truckers come to the rescue during coronavirus outbreak

trucks on highway

From the Middletown Press. Trucks. We used to hate them but now we love them. We used to hate them when we thought they were clogging our overburdened highways, causing accidents and slowing our drive. We even seemed happy when tolling would affect trucks but not passenger cars. Now we finally appreciate how truckers are…

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TSA offers guidance on HMEs and TWICs

From National Tank Truck Carriers (NTTC). In response to the COVID-19 emergency, the Transportation Security Administration (TSA) is finalizing a draft exemption notice and accompanying memo that permits State licensing entities to grant a 120-day extension on a Hazardous Materials Endorsement (HME) security threat assessment for drivers whose HMEs expired on March 1, 2020, or later within…

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Wilson Elser to host Coronavirus webinars

From MTAC partner Wilson Elser. Wilson Elser is committed to keeping our clients informed of the insurance and broader business implications of the coronavirus outbreak. In addition to the information and insights available to you via the firm’s Coronavirus Resource Center, we are offering a series of webinars on related topics for which we have…

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FMCSA grants limited exemptions for expired CDLs, medical cards

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From Transport Topics. The Federal Motor Carrier Safety Administration on March 24 issued a formal notice that it will not take enforcement action for certain expired commercial driver licenses, learner permits and medical certifications through June 30. “Many States are experiencing greater than normal employee absences or have closed offices of their state driver licensing…

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FMCSA COVID-19 drug and alcohol testing guidance

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From FMCSA. To help ensure the safety and well-being of everyone, while also ensuring that we continue to meet our mission, we are providing the following guidance in effect until May 30, 2020 (90 days from the date proclaimed as the beginning of the national emergency in the President’s Proclamation on Declaring a National Emergency…

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FAQs related to FMCSA Emergency Declaration Part 2: March 25

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The Federal Motor Carrier Safety Administration (FMCSA) has released a second set of Frequently Asked Questions (FAQs) regarding their emergency declaration, which primarily dealt with an Hours of Service (HOS) waiver for the transportation of supplies in response to the public health emergency. New FAQs First set of FAQs Members may also be interested in…

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