leasing Archives - Truck Drivers USA

April 9, 2024

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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, the ...

March 6, 2024

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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. Representing ...

January 29, 2024

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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 may ...

May 5, 2023

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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 were ...