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Navigating the Economic Relief for Businesses Within the Coronavirus Aid, Relief, and Economic Security Act (Cares Act) [PDF]
On March 27, 2020, the House of Representatives passed the largest economic bill in U.S. history, and President Trump has signed the Coronavirus Aid, Relief, and Economic Security Act ("CARES Act") into law. Read More
Resources By State for Financial Relief and Guidance Due to COVID-19 [PDF]
With businesses taking advantage of the tax relief and business loans available in the recently passed Coronavirus Aid, Relief, and Economic Security Act (“CARES Act”), Penske encourages you to review your state resources as another possible source of relief. Read More
Our Commitment Remains: COVID-19 Update From Penske
March 17, 2020 - We are in unprecedented times. Like every company, Penske has been closely monitoring developments related to coronavirus (COVID-19), including updates from the Centers for Disease Control (CDC), World Health Organization, public officials and other leading health experts. Read More
COVID-19 Updates For Our Customers
Penske is dedicated to meeting your transportation needs now more than ever. As an essential business, our team is working hard to keep supply chains up and running. And we are open and ready to serve you. Read More
FMCSA Issues Exemptions, Emergency Declarations to Support Motor Carriers During Pandemic [PDF]
The Department of Transportation has deemed the trucking industry essential during COVID-19. The Federal Motor Carrier Safety Administration (FMCSA) has implemented hours-of-service relief for motor carriers through May 15, extending the declaration initially released on March 13. Read More
U.S. Chamber of Commerce and SBA Offer COVID-Relief Solutions [PDF]
The U.S. Chamber of Commerce has deployed its full resources to help companies continue to operate and keep paychecks flowing to American workers and families, while mobilizing the business community to combat the pandemic. Read More
Trucking Executives Coping with Ongoing COVID-19 Disruptions in Volumes, Supply Chains
Apr 10, 2020: Trucking markets roiled. Supply chains turned upside down. Worries about truck drivers’ welfare and customers just staying in business. And unemployment rates ... Read More
CDC Issues Guidance for Essential Workers Possibly Exposed to COVID-19
Apr 10, 2020: The Centers for Disease Control and Prevention has released guidance for essential workers, including those in trucking, to allow them to continue work ... Read More
FMCSA Extends HOS COVID-19-Related Emergency Declaration Through May 15
Apr 9, 2020: The Department of Transportation’s Federal Motor Carrier Safety Administration (FMCSA) said yesterday that its national emergency declaration to provide ... Read More
COVID-19 Economic Conditions Catch up to Spot Market
Apr 7, 2020: The pressure to restock grocery stores and distribution centers stripped by COVID-19 buying has quickly given way to a slump for truck freight. As March ... Read More