SBA and Treasury Department announce $10 Billion for CDFIs to participate in the Paycheck Protection Program
The U.S. Small Business Administration, in consultation with the U.S. Treasury Department, announced that it is setting aside $10 billion of Round 2 funding for the Paycheck Protection Program (PPP) to be lent exclusively by Community Development Financial Institutions (CDFIs). CDFIs work to expand economic opportunity in low-income communities by providing access to financial products and services for local residents and...
ALAN opens nominations for 2020 Humanitarian Logistics Awards
From hand-made posters to social media shout-outs, there are many ways to honor the supply chain heroes of COVID-19. But one of the most prestigious went live earlier today. The American Logistics Aid Network (ALAN) has officially opened nominations for its fourth annual Humanitarian Logistics Awards. “Our profession has always been full of selfless people who have gone above and beyond to help during disasters,” said ALAN Executive...
Hyster-Yale Group releases free operator video training during COVID-19 pandemic
As businesses reopen and face an influx of new labor, Hyster-Yale Group announces the availability of free lift truck operator training video content for supply chains adapting to the effects of COVID-19. The giveaway offer is meant to help businesses adhere to current health and safety protocols as they onboard the necessary labor to keep operations moving as the economy reopens. The videos are available at no cost for a limited time...
KION Group takes precautionary steps to maintain financial strength
KION Group has additional liquidity at its disposal Further precautionary measure to maintain financial flexibility during the coronavirus crisis Additional credit facility of up to €1.0 billion in total 80 percent of the total put up by KfW and 20 percent by the KION Group’s core banks Temporary suspension of covenants agreed with the banks that provide the Group’s funding Extensive cost-cutting measures initiated...
Genie shares protocols for cleaning and disinfecting aerial equipment
Following CDC guidelines to help prevent the spread of COVID-19 on aerial job sites Based on guidelines from the Centers for Disease Control and Prevention (CDC), Genie offers new procedures and protocols for cleaning and disinfecting aerial equipment on job sites to help prevent the spread of COVID-19 while working at height. This information provides job site superintendents and fleet managers with specific precautions to take in...
ARA releases Healthy Work Practices Guide for protection against COVID-19
The American Rental Association (ARA) has released the ARA Healthy Work Practices Guide for construction equipment rental companies, part of a new “Clean. Safe. Essential.” program designed to help ARA members continue to ensure a safe rental experience The American Rental Association (ARA) has released the ARA Healthy Work Practices Guide for construction equipment rental companies — part of a new “Clean. Safe. Essential.” program...
DENSO Sponsors NHRA Champs’ Shelter-in-Place Dachshund Race
Angie & Matt Smith live stream DENSO 3-Wide Doxie Nationals for charity May 23 DENSO Products and Services Americas, Inc., an affiliate of a global automotive supplier DENSO Corp., is sponsoring the first-ever DENSO 3-Wide Doxie Nationals hosted by its NHRA racing partners Angie and Matt Smith to support three animal rescue, adoption, and placement organizations. The husband-and-wife Pro Stock Motorcycle teammates will live...
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