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 ...

A federal task force wants contract details from truck drivers to help expose and combat predatory lease practices in the trucking industry. The post Truck drivers: FMCSA wants to see your leasing ...

FMCSA forms task force to review driver lease agreements. CCJ Staff. May 1, 2023. Updated May 2, 2023. Federal Motor Carrier Safety Administration (FMCSA) ...

The task force is charged with addressing predatory leasing tactics by evaluating how fair are lease agreements for trucking equipment in terms of their “potential safety and financial impacts ...

FMCSA's Truck Leasing Task Force discussed the fairness of—and possible solutions to—lease-purchase agreements between carriers and drivers. LOUISVILLE—A federal committee and the public are ...

FMCSA oversight -- FMCSA should mandate that motor carriers and their affiliates offering lease-purchase programs keep accurate records of the experience of people who sign such agreements, the ...

Trucking news and briefs for Tuesday, May 28, 2024: FMCSA’s Truck Leasing Task Force meeting twice this summer. The task force charged with addressing predatory practices related to lease ...

A study by a U.S. government financial consumer group has concluded that there is widespread risk for truckers being rushed into signing so-called predatory lease-purchase agreements.

FMCSA's Truck Leasing Task Force set dates for two meetings, during which it will work to draft a report on identifying best practices to help drivers assess agreements. Also: RXO closes deal to ...