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 ...
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 ...
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 ...
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 ...
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 ...
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 ...
[Stay on top of transportation news: Get TTNews in your inbox.] For some trucking companies, a truck lease-purchase agreement could be a hit-or-miss event with long-term ramifications. However, ...