Lease-purchasing a truck in a carrier's lease program or through another third-party company is fundamentally an uncommon avenue toward truck ownership, according to every Truck Purchase & Lease ...
Add Yahoo as a preferred source to see more of our stories on Google. Evidence suggests truck leasing programs do more harm than good. (Photo: Jim Allen/FreightWaves) WASHINGTON — A federal task force ...
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 ...
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 ...
Selling used equipment to an independent contractor is a good way to boost recruiting potential and recapitalize used trucks, if you’re very careful how you proceed. Short of holding a square dance in ...
U.S. Rep. Julia Brownley has introduced legislation in the House of Representatives that would crack down on truck leasing programs between motor carriers and truck drivers that are seen as ...
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 ...
Add Yahoo as a preferred source to see more of our stories on Google. Bill targets carriers that take financial advantage of drivers. (Photo: Jim Allen/FreightWaves) WASHINGTON — Legislation has been ...
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 ...
[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 ...
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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