News

Carriers' lease-purchase programs in particular get a bad rap for horror stories that abound. Such stories aren't hard to find -- as people, of course, we love to talk about our difficulties. The ...
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 ...
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 ...
In a damning report, the Truck Leasing Task Force assembled by the Federal Motor Carrier Safety Administration recommended that Congress 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 ...
Carrier lease-purchase agreements are “irredeemable tools of fraud" that threaten supply chains, a federal task force on truck leasing warns Congress.
A truck leasing task force that studied the prevalence of predatory practices in truck lease-purchase agreements determined that truck drivers often fall prey to unscrupulous actors.
FMCSA's Truck Leasing Task Force discussed the fairness of—and possible solutions to—lease-purchase agreements between carriers and drivers.
Renew Lease-Purchase Programs To Increase Home Ownership Properly designed, home ownership programs could avoid the pitfalls of past efforts and help more Americans transition from leasing to ...
Industry leaders advise that if structured fairly, truck lease-purchase agreements can be vital to the trucking industry.
Include an upfront appraisal and inspection before the renter agrees to a lease-purchase option. Program materials should be clear and consistent about the terms of the lease-purchase agreement.