New legislation has been introduced to protect truck drivers from predatory leasing programs used by carriers to gain an unfair advantage in the freight markets.
A federal task force wants Congress to shut down leasing programs used in the trucking industry due to “widespread harm” that they cause small-business owners.
Roughly 6% of CDL holders may be involved in predatory lease contracts with their carriers, according to a federal task force.
A federal task force wants contract details from truck drivers to help expose and combat predatory lease practices in the trucking industry.
The first meeting of FMCSA’s Truck Leasing Task Force has put lease-purchase agreements under more intense scrutiny.
Trucking industry representatives and others have been tasked with evaluating unfair leasing practices by carriers against owner-operators.
