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OOIDA Offers Possible Solutions to Issues with Lease Purchasing in 2024
Describing it as a persistent issue, the Owner-Operator Independent Drivers Association (OOIDA) stands behind initiatives aimed at abolishing predatory lease-purchase agreements. In 2021,...
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Maintenance Language in Lease Agreements Under Review by DOT
An appointed task force from the U.S. Department of Transportation (DOT) is currently scrutinizing maintenance provisions within lease-purchase agreements, asserting that these clauses...
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9 Member Task Force Unveiled to Investigate Truck Leasing Agreements
The FMCSA has appointed a new task force to investigate how truck leasing arrangements could potentially influence driver safety and finances. Nine individuals...
Comment Period Extended on Lease Purchase Issue – FMCSA Needs Your Opinion
The Owner-Operator Independent Drivers Association (OOIDA) is advocating for an extension of the public comment period regarding predatory lease-purchase agreements for truck drivers....
ByadminMarch 6, 2024