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Bill includes $8 billion for the private motorcoach industry.
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The Coronavirus Economic Relief for Transportation Services Act will provide $10 billion in emergency economic relief funding, in the form of grants — no less than 50% of total funding — and other economic assistance.
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METROspectives has a conversation with the American Bus Association (ABA) President/CEO Peter Pantuso, who discusses the impact COVID-19 has had on the motorcoach industry and why he believes Congress must act to help support an industry that is mostly made up small, mostly family-run businesses.
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Most charter and tour companies have closed their doors, commuter operations have mostly stopped running, and scheduled service operations are operating at approximately 15% of capacity.
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Both the House Ways and Means Committee Chairman and the T&I Committee Chairman requested Steven Mnuchin and Federal Reserve Chair Jerome Powell consider providing at least $5 billion.
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The task force will work to develop a path forward for not only the cleanliness of motorcoaches but also explore new methods and approaches that protect everyone on the bus.
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Most recent data shows that nearly 100% of the charter and tour market has stopped operating.
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In the midst of COVID-19 pandemic, President/CEO Peter Pantuso urges Congress to help industries, which provides 500 to 600 million passenger trips annually.
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USLAW is the exclusive legal content provider of the ABA, including articles, legal updates, webinars, and educational programming.
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From making trip planning easier for its customers to tying operations together as one, the company relies on tech and enhancing the customer experience.
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