[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 ...
Add Yahoo as a preferred source to see more of our stories on Google. Evidence suggests truck leasing programs do more harm than good. (Photo: Jim Allen/FreightWaves) WASHINGTON — A federal task force ...
It’s no secret that affording a new tractor has become more complicated for owner-operators and many smaller carriers over the past decade, as both equipment and insurance costs have risen ...
Glenn Helmly retired from over-the-road work in December of 2022 in favor of a local job as urinary drug screen tech with a private company doing testing work for the DUI courts in his area in Georgia ...
[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, ...
Ben Ames has spent 30 years as a journalist since starting out as a reporter for daily newspapers in Pennsylvania and Massachusetts. He has focused on business and technology reporting since 1999 for ...
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 ban ...
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 ...
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 ...
Shelley VandenBerg and her husband signed a lease-purchase agreement with a small trucking company in 2016 right after obtaining their commercial driver’s licenses. The lease brochure discussed ...
The Ford Ranger XLT 4x4 hits a well-judged middle ground, offering genuine truck capability without the size, cost, or hassle of a full-size pickup. Its recent redesign gives it a tougher, more modern ...
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