Although the publicly available data is limited, court cases involving predatory lease-purchase agreements in the trucking industry provide a glimpse into the severity of the problem.
As part of the Federal Motor Carrier Safety Administration’s Truck Leasing Task Force meeting on Wednesday, Oct. 30, the Public Court Data Subcommittee presented a report on what the accessible cases reveal about agreements where a motor carrier leases a truck to a driver but still largely holds control over the operation.
“Conservatively, over 200,000 truck drivers have been affected by predatory truck lease-purchase programs,” the subcommittee report stated. “Hundreds of thousands more drivers are likely affected but lack the resources to hold the carrier accountable for its bad practices.”
