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 ...

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 ...

The lease-purchase problem — Trucking lease-purchase contracts are under fire as the Truck Leasing Task force calls them a system to harm drivers. FreightWaves reports, “the 51-page report, issued by ...

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 ...

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 ...

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 ...

[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 ...

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.

[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, ...

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 ...