Freight Carriers Cheat Drivers With Rent-to-Own Deals
The VandenBergs are not alone. They are among about 175,000 drivers — likely many more — caught up in what a scathing report ...
Transport Topics3d
Task Force Finds Truck Lease-Purchase Contracts Hurt Drivers
A truck leasing task force that studied the prevalence of predatory practices in truck lease-purchase agreements determined ...
freightwaves.com9d
FMCSA panel recommends ban on truck lease-purchase contracts
A federal task force wants Congress to shut down leasing programs used in the trucking industry due to “widespread harm.” ...
Truckinginfo9d
Truck Leasing Task Force: Congress Should Ban Lease-Purchase Programs
In a damning report, the Truck Leasing Task Force assembled by the Federal Motor Carrier Safety Administration recommended ...
Fleet Owner8d
FMCSA task force finds carrier lease-purchase agreements weaken trucking industry
Carrier lease-purchase agreements are “irredeemable tools of fraud" that threaten supply chains, a federal task force on ...
CCJ8d
FMCSA task force calls for ban on carrier-managed lease-purchases
The Truck Leasing Task Force said in its report to Congress that it formed a consensus to recommend that carrier-managed ...
Land Line7d
Truck Leasing Task Force to Congress: End the lease-purchase model
The Truck Leasing Task Force has officially asked for a ban on the current lease-purchase model in the trucking industry.
freightwaves.com8d
Truck Leasing Task Force blasts lease-purchase programs
The Federal Motor Carrier Safety Administration’s Truck Leasing Task Force delivered a scathing report on lease-purchase ...
DC Velocity8d
OOIDA cheers federal report calling for ban on truck lease-purchase agreements
But chances for action may be slim, since FMCSA panel submitted report in closing days of Biden Administration and Trump appointees may have different approach, analyst says.