Lease-purchase agreements in trucking have a mixed reputation. Under a lease-purchase agreement, a driver can become an owner-operator by entering a lease contract with a carrier.

Before the new agreement, a lease would look drastically different from one landlord to another. There was a huge range of what was included and excluded.

[Related: Carrier lease-purchase programs 'meaningful' for at least half of lessee operators] If you have questions after reading any such contract and the operating agreement that comes along ...

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 ...

In a damning report, the Truck Leasing Task Force assembled by the Federal Motor Carrier Safety Administration recommended that Congress ban motor carrier lease-purchase agreements with truck ...

However, not all lease-purchase programs are created equal, according to the Owner-Operator Independent Drivers Association. OOIDA also supplied written comments on behalf of its members to the t ...

At a Nov. 22 city council meeting, council officials voted to enter into lease-purchase agreements on two previously approved purchases for the city rather than pay the costs up front.

The first meeting of FMCSA’s Truck Leasing Task Force has put lease-purchase agreements under more intense scrutiny. The post FMCSA advisory panel targets predatory leasing contracts appeared ...

While tales of owner-operators getting their start through carriers' lease-purchases aren't unheard-of, the task force noted that it “heard no evidence that lease-purchase agreements were an ...

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 ...