FMCSA names panel targeting predatory lease-purchase agreements

Capt. John

WASHINGTON — The Federal Motor Carrier Safety Administration has named representatives from the trucking industry to assess the prevalence of predatory leasing agreements by carriers against owner-operators and follow up with recommendations to Congress.

FMCSA’s Truck Leasing Task Force, authorized by the Infrastructure Investment and Jobs Act (IIJA) in 2021, will address areas “that have long needed intense focus,” according to the agency. It will include providing best practices to help...

https://www.freightwaves.com/news/fmcsa-names-panel-targeting-predatory-lease-purchase-agreements

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