Motor carriers/affiliates' lease-purchase plans and programs have traditionally been somewhat well-used paths to truck ownership, particularly among operators with otherwise shaky credit, but the ...
In a damning report, the Truck Leasing Task Force assembled by the Federal Motor Carrier Safety Administration recommended that Congress should ban motor carrier lease-purchase agreements with truck ...
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 ...
Evidence suggests truck leasing programs do more harm than good. (Photo: Jim Allen/FreightWaves) WASHINGTON — A federal task force has released its final report on trucking lease-purchase programs and ...
Lease-purchase programs offered or managed by motor carriers in the trucking industry are under perhaps their biggest challenge to date. The Truck Leasing Task Force (TLTF), established by the Federal ...
Carrier lease-purchase agreements are “irredeemable tools of fraud" that threaten supply chains, a federal task force on truck leasing warns Congress. An FMCSA task force is pushing Congress to ban ...
Congresswoman Julia Brownley (D-California) has introduced a bill to crack down on predatory lease-purchase programs in the trucking industry. “Current predatory leasing arrangements exploit ...
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 ...
Editor's note: The Federal Motor Carrier Safety Administration will not release a recording of the panel hearing but is eventually expected to release notes on the Truck Leasing Task Force's website.
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