[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 ...
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 ...
CarriersEdge found that while many fleets work with independent contractors or offer lease-purchase programs, there is a lack of resources available to help educate drivers on what they need to know ...
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 ...
An FMCSA task force is pushing Congress to ban carriers’ lease-purchase agreements. The Federal Motor Carrier Safety Administration’s Truck Leasing Task Force submitted its final report to Congress, ...
I’ve recently had a few conversations with other truck owners who, like myself, have their own operating authority. Each conversation took me back 25 years to my earliest experiences and challenges ...
[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, ...
For most truck drivers, the gap between working for someone else and owning their own rig feels impossibly wide. Traditional financing often demands hefty down payments, credit scores that sparkle, ...
CarriersEdge recently released a new business training course for new and aspiring owner-operators. The Owner Operator Business Skills course was created to educate current company drivers about the ...