[Stay on top of transportation news: Get TTNews in your inbox.] A federal truck leasing task force commissioned to study the prevalence of predatory practices in truck lease-purchase agreements ...
While I have been a proponent, to an extent, of the efficacy of the lease-purchase model for new owners and others lacking the capital to secure favorable financing, I’ve always accompanied that with ...
I’ve recently had a few conversions with other truck owners who, like myself, have their own operating authority. Each conversation took me back 25 years to my earliest experiences and challenges with ...
FMCSA's Truck Leasing Task Force discussed the fairness of—and possible solutions to—lease-purchase agreements between carriers and drivers. This was the fourth meeting of the Truck Leasing Task Force ...
After several months of meetings, members of a specially appointed Truck Leasing Task Force have concluded that many lease-purchase agreements aren’t written in a manner that gives owner-operators a ...
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