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 ...

Treasurer Daniel Elliott announced that the Indiana Bond Bank assisted the Town of Otterbein with financing a backhoe loader ...

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 ...

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 ...

While I have been a proponent, to an extent, of the efficacy of the lease-purchase model for new owners and others lacking the capital to secure favorable financing, I’ve always accompanied that with ...

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 ...

[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 ...

[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, ...

FMCSA's Truck Leasing Task Force discussed the fairness of—and possible solutions to—lease-purchase agreements between carriers and drivers. This was the fourth meeting of the Truck Leasing Task Force ...

Editor's note: The Federal Motor Carrier Safety Administration will not release a recording of the panel hearing but is eventually expected to release notes on the Truck Leasing Task Force's website.