TIA Issues Statement on Final Passage of The “CARES Act”

Relief Now Awaits President Trump’s Signature

FOR IMMEDIATE RELEASE
CONTACT: [email protected]

MARCH 27, 2020 – ALEXANDRIA, VIRGINIA – Transportation Intermediaries Association (TIA), the largest association representing third-party logistics companies, released the following statement from President & CEO Robert A. Voltmann, CAE following the successful Senate vote of 96-0 and the House of Representatives final passage by voice vote today of the “CARES Act”:

On behalf of TIA and our 1,800 member companies in all 50 states, I want to praise both the House of Representatives and Senate for passing this major legislation. This is the relief both individuals and businesses have been eagerly waiting for.

To our valued member companies, I can finally tell you that the wait is over, and relief is finally on the way for you, your staff and your business.

This legislation cuts through the political talking points and rhetoric, providing real Americans with real relief, in real time. For the last month, our country, and our members, have been reeling from the ongoing COVID-19 fallout. While this disaster is far from over and the economy remains down, this emergency relief package mitigates some of the damage perpetrated by COVID-19.

Our members, the third-party logistics companies that facilitate freight from the manufacturer (shipper) to the motor carriers and other modes, are essential during the COVID-19 crisis. Many of our members are struggling financially through this time and have been directly impacted by this economic and health downturn.

I want to thank the leaders of both chambers – in both parties – that worked tirelessly to get to yes; our members and millions of Americans thank you for this action.

If you have any questions, please contact TIA Advocacy at [email protected] or 703.299.5700.

###

The Transportation Intermediaries Association (TIA) is the professional organization of the $214 billion third-party logistics industry. TIA is the only organization exclusively representing transportation intermediaries of all disciplines, doing business in domestic and international commerce. TIA is the voice of the 3PL industry to shippers, carriers, government officials and international organizations. TIA is the United States member of the International Federation of Freight Forwarder Associations, FIATA.