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Federal Task Force to Address Unfair Leasing Agreements in the Trucking Industry

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Federal Task Force to Address Unfair Leasing Agreements in the Trucking Industry
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Federal Motor Carrier Safety Administration’s (FMCSA) Truck Leasing Task Force Will Meet Virtually on Tuesday, Oct. 17, from 10 a.m. to 4:30 p.m. Eastern. Here, they’ll be diving into the issue of unfair leasing agreements in the motor carrier industry.

The official agenda will be published on the TLTF website a week before the meeting. FMCSA asks those who are interested in attending to register in advance at the TLTF website by Friday, Oct. 13.

In the last meeting, the task force tackled necessary administrative matters and started discussing the topics required by Congress in the 2021 infrastructure legislation that established the task force.

Some key topics to be discussed include:

  • Examining how unfair terms and agreements impact vehicle maintenance and whether trucks are kept in good repair under lease/lease-purchase.
  • Reviewing agreements available to drayage drivers at ports related to programs aimed at reducing emissions from port operations.
  • Assessing the impact on net compensation for operators, including port drayage drivers.
  • Investigating if truck-leasing agreements incentivize safe operation and compliance with hours-of-service regulations and safety laws.
  • Providing resources to help commercial motor vehicle drivers understand the financial impacts of leasing agreements.
  • Evaluating how equitable truck-leasing agreements promote opportunities to start or expand trucking companies, and the history of motor carriers growing from one-truck owner-operator operations.

 

Source: Overdrive

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