A bill introduced in the U.S. House of Representatives would ban predatory lease-purchase programs between motor carriers and ...

[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 ...

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 ...

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 ...

Congresswoman Julia Brownley (D-California) has introduced a bill intended to prevent predatory lease-purchase programs managed by carriers in the trucking industry. The bill follows through on ...

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 ...

The bill follows through on recommendations made by the Truck Leasing Task Force, which called for an outright ban of carrier-managed lease-purchase programs. Plus, more trucking news.

A yearlong 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 that ...