HVH Transportation Abrupt Closure

So we have yet another trucking company closure where drivers have their fuel cards turned off while they are on the road.  The closure of HVH has nothing to do with anything but sheer greed.  Some years ago HVH Transportation was bought by an equity group and basically run dry.  That is what these financial leeches do.  They go buy a place, take all of its assets and money and then just let it close with $3 in the bank.

While this was likely a WARN Act violation, nothing will come of it as usual.  The WARN Act has no teeth in it.  No driver should ever be left stranded on the road with no way to get back home.  Here is my proposed solution to these companies that close.

Trucking companies would be required to have a bond posted in the amount of $1000 per OTR driver.  In the event of a closure, this bond would immediately pay each OTR driver by Comcheck so the drivers could access it on the road.  That would be enough money to get a driver home from wherever they are.

I am sure trucking companies would oppose this as they oppose every single regulation that is in favor of drivers.  The ATA would be the first to fight this as "unnecessary" when what is really unnecessary is the ATA itself.

Since there are plenty of truck driving jobs at least these drivers will be able to get back to work.  Will they get paid on Friday?  Unlikely.  We will see.  Always have access to at least $300 if you are OTR so you can get back home if this happens to you.

​See you on the road!