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 ...
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 ...
The last meeting of the Federal Motor Carrier Safety Administration's Truck Leasing Task Force, held June 13, opened with something of a reckoning for committee members after public sessions held at ...
A provision tucked in the bipartisan infrastructure funding law calls for the formation of a truck leasing task force to examine the fairness of lease and lease-purchase agreements between motor ...
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 ...
The new task force of trucking experts that the Federal Motor Carrier Safety Administration formed to address predatory truck-leasing tactics deployed by some motor carriers against truckers held its ...
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 ...
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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