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 ...
It’s no secret that affording a new tractor has become more unrealistic for owner-operators and many smaller carriers over the past decade. New trucks are “up to $140,000 to $150,000,” says Scott ...
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 ...