Of Interest

Frost & Sullivan Names Convoy Company of the Year

Frost & Sullivan recognized Convoy, a digital freight network, as company of the year in a benchmark study covering the nation’s top digital freight providers. read more

June Auto Sales Decline 6% from Pre-Virus Forecast

Retail sales are projected to reach 1,002,600 units, a 5.7% decrease compared with the J.D. Power pre-coronavirus forecast and an 11.3% decrease compared with June 2019. read more

NAAI’s Koechler Invests $100MM to Up-Cycle Aircraft for Social Causes

The increase in decommissioned commercial aircraft and crowded boneyards prompted Sven Daniel Koechler to invest in repurposing planes in the recycling phase. read more

AICPA Survey: 56% of Business Execs Say Companies Sought PPP Funds

AICPA’s recent survey reported that more than half of business executives said their companies had sought relief funds through the Paycheck Protection Program. read more

Companies Puzzled Over CARES Act Aid Accounting

The Wall Street Journal reported that many companies are unsure about how to account for the financial relief they received from the CARES Act. read more

Forbes Names BMO Harris Bank Among World’s Best Banks 2020

BMO Harris Bank has been recognized on Forbes' World's Best Banks 2020 list based on a survey of consumers who ranked banks on key attributes, including trust, fees, digital services and financial advice. read more

Signature Bank Donates $750K to Small Business Emergency Grant Program

Signature Bank will donate $750,000 to the Small Business Emergency Grant Program to support small business owners who recently experienced damage to their storefronts during recent protests. read more

73% of Supply Chain Leaders Planning Major Strategy Shifts

The majority (73%) of organizations are now planning major shifts in supply chain and procurement strategy post-pandemic, including supply base expansion (38%), reductions in supply chain globalization (34%) and increases to inventory levels (21%), according to the Supply Chain Confidence Index. read more

GE Reopens Debt Offerings for $3B in Proceeds to Enhance and Extend Liquidity

In response to a reverse inquiry from a long-term strategic investor, GE reopened portions of its prior debt offerings for GE Company and GE Capital for $3.0 billion in total proceeds. read more

Executive Solutions for Leasing & Finance Launches New Website with Cross-Platform Compatibility

Executive Solutions for Leasing & Finance launched its new website with compatibility across all platforms, including mobile and desktop. read more

Forrester: Sopra Among Top Three in Combined Deals Category

Sopra Banking Software placed among the top three in Forrester’s Global Banking Platforms Deals Survey 2020 in the Combined Deals category. read more

Fleet Advantage’s Flynn Among 2020 Food Logistics Champions

John Flynn, CEO of Fleet Advantage, was named to the 2020 Food Logistics Champions: Rock Stars of the Supply Chain award. read more

Mitsubishi Launches MHI RJ Aviation Group, Closes CRJ Series Acquisition

MHI RJ Aviation Group launched as a newly created group of entities providing a holistic service and support solution for the global regional aircraft industry including the CRJ Series. read more

Survey: 79% of Small Business Owners Confident in the Future

Data released by CAN Capital showed 79% business owners have a sense of confidence for the future after the COVID-19 crisis, with 54% being very confident. read more

Survey: 46% of Small Business Owners Worry Cashflow Will Impede Reopening

Nearly half of small business owners worry they cannot afford to resume normal operations following mandated closures to slow the spread of COVID-19, according to LendingTree's latest survey of small business owners. read more

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