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Trucking through COVID-19: PI&I Motor Express protects employees in economic freefall because ‘it’s the right thing to do’

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Trucking through COVID-19: PI&I Motor Express protects employees in economic freefall because ‘it’s the right thing to do’
Joe Kerola, president of Ohio-based PI&I Motor Express, obtained a Paycheck Protection Program loan to help his company meet payroll during the COVID-19 crisis.

“It’s a simple matter of corporate responsibility,” Joe Kerola said, referring to taking care of his employees during the current economic downturn.

The president of Ohio-based carrier PI&I Motor Express said his company is a “family” that was 67 years in the making. And families stick together when times get tough. That’s why, during the midst of the worst national economy since the Great Depression, Kerola is seeing to it that no employee is let go because of the carrier’s financial performance.

PI&I, flatbed hauler of steel, pipe, and industrial raw materials, has more than 400 employees working in all aspects of company operations and an equal number of trucks and trailers in its fleet.

“We primarily carry raw materials on flatbeds for use in industry,” Kerola said.

For example, PI&I hauls a lot of steel from Pennsylvania and the Midwest to automobile manufactures in Detroit. Likewise, the company serves oil companies, delivering pipe and drilling supplies across the country. Oil and automobile manufacturing are important indicators of the strength of the nation’s economy, and Kerola has learned that when the two industries experience financial difficulties, the trickle-down leads to PI&I in short order.

Kerola is a big fan of the CARES Act. He is also a beneficiary of the economic stimulus program as a recipient of a Payment Protection Program (PPP) loan intended to keep small businesses from laying off employees.

Not only has PPP provided Kerola an opportunity to help stimulate the economy, but it has also allowed him to avoid placing a financial burden on a staff that’s already overwhelmed with impacts of the COVID-19 crisis.

PPP funds included in the CARES Act are intended to support small businesses through low-interest and potentially forgivable loans, provided the businesses use funding to sustain salaries, wages and jobs. The program also shortens unemployment lines and ensures businesses are ready to resume normal activities as the economy improves. After just two weeks, loans depleted the initial $350 billion provided for PPP. Congress and President Trump responded in late April with another $310 billion.

“I wanted to avoid layoffs,” Kerola said. “The loan covers eight weeks of personnel costs for 400 PI&I employees.”

True to Kerola’s word, he hasn’t laid off a single employee.

“We wouldn’t have been able to withstand a 30% decrease in demand and revenue without PPP,” Kerola said, adding that PI&I remained busy through the month of March, but as demand for products slowed, so did the need for raw materials. By mid-April, the company experienced a drastic decrease in business.

“Low fuel prices help, but we supply companies that drill for oil,” Kerola said. “When oil prices drop, they don’t drill, and they don’t need us to deliver drilling supplies.”

The same holds true with automobile manufacturers, he said. When fewer cars are built, demand for steel decreases, and the need for PI&I to haul the raw material used to build cars falls as well.”

Kerola is grateful for what PPP has allowed him to do for his employees. People are facing enough problems beyond their control, he said. PPP relieves a burden on employees and government programs.

“By taking advantage of PPP, we aren’t burdening an unemployment system already overwhelmed,” Kerola said.

While PI&I Motor Express is just one company, Kerola understands the importance that businesses accepting PPP loans use them for their intended purpose.

“It’s a simple matter of corporate responsibility,” Kerola stated.

KrisRutherford

Since retiring from a career as an outdoor recreation professional from the State of Arkansas, Kris Rutherford has worked as a freelance writer and, with his wife, owns and publishes a small Northeast Texas newspaper, The Roxton Progress. Kris has worked as a ghostwriter and editor and has authored seven books of his own. He became interested in the trucking industry as a child in the 1970s when his family traveled the interstates twice a year between their home in Maine and their native Texas. He has been a classic country music enthusiast since the age of nine when he developed a special interest in trucking songs.

Avatar for Kris Rutherford
Since retiring from a career as an outdoor recreation professional from the State of Arkansas, Kris Rutherford has worked as a freelance writer and, with his wife, owns and publishes a small Northeast Texas newspaper, The Roxton Progress. Kris has worked as a ghostwriter and editor and has authored seven books of his own. He became interested in the trucking industry as a child in the 1970s when his family traveled the interstates twice a year between their home in Maine and their native Texas. He has been a classic country music enthusiast since the age of nine when he developed a special interest in trucking songs.
For over 30 years, the objective of The Trucker editorial team has been to produce content focused on truck drivers that is relevant, objective and engaging. After reading this article, feel free to leave a comment about this article or the topics covered in this article for the author or the other readers to enjoy. Let them know what you think! We always enjoy hearing from our readers.

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For the past a decade, I’ve always played lottery games with the hope that someday I will win the lottery jackpot but that never happened. I did some research on the internet and I came across an advert about Dr Amber that prepares lottery spells for people that believe in his works. I explained my situation to Dr Amber and he prepared a lottery spell for me and gave me some numbers to play the lottery and I did as he said without any skepticism. Could you believe that for the very first time in my life, I won the sum of £30,820,000 MILLION POUNDS. I thought I was dreaming until I was called by the lottery agent to come over to the office to make arrangements of how I will claim the money. Now my life has changed for good and I am a boss of my own and you can be a boss of your own too by getting in touch with Dr Amber for a lottery spell. Click on his website: amberlottotemple.com or WhatsApp +1 (318) 306-5044 or email: [email protected] for urgent response from Dr Amber.

Hey guys,
Dont settle for these amateurs posing as credit repair experts, they will only keep taking
Your funds without doing any job. After getting scammed a couple of times , I finally contacted : GOLDCREDITFIX @ GMAIL . COM and he was able to improve my credit by clearing all my debts and increasing my score to 810 on all credit bureaus. This process took him 3 weeks to finish up. You can call or text him on this hot line : ( 205 ) 291 4665 .

Hello Everyone have you heard of the latest Hacker in town I was down with a poor credit score and I was trying to upgrade it but to no avail, until I meet [email protected] he help me to upgrade and increase my credit score a wonderful Hacker you can ever imagine
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I saw someone drop info under comment section on how he was helped to repair his credit. I was interested in knowing more and if the hacker still does this. I had poor credit, a old bankruptcy and problems with getting approved for a apartment due to 2 broken leases from the past which I explained to TROVIAN when I contact Them. They cleaned my credit and boost my credit score within few days of knowing them. Everyone having credit issues should reach them at [email protected] you can also text them with the following details: +1 (424) 307 4562.

I was constantly getting ripped off by different credit companies when I was looking for ways to
Get my credit fixed. I got frustrated and almost went into depression because I lost thousands of $$$$$ . I almost gave up on fixing my credit until a friend referred me to (GOLDCREDITFIX at gmail dot com) and my credit was improved to excellent on all bureaus within the space of 3 weeks and I was able to get a loan to buy a car. you can call GOLD CREDIT on this line : ( 205 ) 291 4665

Thanks Paul you nailed it . I’m well above 800 and I’m not trying to shoot for the stars to get 850-900 in some scoring models. I always tell people to pay your bills on time and if you think that you’ll forget, most credit card issuers, banks, mortgages and auto loans all have auto pay. Personally for me I don’t like giving my hard earned money to the bank to make them rich. That’s why I always pay my credit card bills before the statement date and in full always. You can reach out to him for help as well via: (Creditscorehacker aTgmail dot com)

Believe it or not Dr Amber has come to stay to do wonders with his spells. I overheard my co-worker telling his cousin how Dr Amber helped him get back his partner within 24 hours . I was amazed about what he said. I searched for this man called Dr Amber online and guess what… He had so many good reviews online about his work. I got in contact with him to win the lottery and he assured me that winning the lottery is not a problem but what do I intend doing with the winnings. I told him what I will do when I become a winner. Dr Amber prepared a spell and prayed for me for 3 days before he told me where to play the Lottery. I did as he instructed me with a positive mindset. To my greatest shock, I was announced the winner of $1,000 dollars everyday for life which is equivalent to a cash prize of $7,000,000 million dollars.. I have no words to thank Dr Amber but to share your good works to everyone that needs help. Visit: amberlottotemple.com or Email: [email protected]

Be strong in any situations you are going through just know that a lot of people go through the same problems almost every day. I’m happy to announce my finding of solutions for recovering my money from these crooks. If you’ve been ripped off, Email GHOSTCHAMPIONWIZARD @ Gmail com. I was in the same shoes also and I know how it feels to be ripped off by someone you trusted with your investment, They take no upfront payment. Just email this recovery agent and thank me later. the will increase your credit score, Recover your lost bitcoin, cryptocurrency, or Mobile spy
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