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 ...
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 ...
[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 ...
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 ...
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 ...
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 ...
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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