For drivers wary of the prices for new or gently used trucks, lease-purchase agreements can offer a path to eventual ownership, but researching the deal before signing on the dotted line is crucial to ...
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 ...
[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 ...
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 ...
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 ...
Among many truckers, lease-purchase programs have a less-than-stellar reputation. Some programs are easy to enter, offering no-money-down no-credit-check guarantees. But they also can make it hard to ...
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 ...
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