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 ...

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 ...

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 ...

Bill targets carriers that take financial advantage of drivers. (Photo: Jim Allen/FreightWaves) WASHINGTON — Legislation has been introduced banning predatory lease-purchase programs used by trucking ...

Lease-purchasing a truck in a carrier's lease program or through another third-party company is fundamentally an uncommon avenue toward truck ownership, according to every Truck Purchase & Lease ...

[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, ...