FMCSA extends applications for leasing task force

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Updated May 12, 2022
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The Federal Motor Carrier Safety Administration is extending the deadline for Truck Leasing Task Force (TLTF) applications through May 13.

Mandated by the Bipartisan Infrastructure Law and a long-term effort of the Trucking Action Plan, the TLTF will evaluate the impacts of commercial motor vehicle lease agreements and discuss best practices for future agreements.

FMCSA encourages diverse, non-traditional representatives, especially women and people of color, to apply to serve on the task force. To apply, provide the following materials to [email protected]:

[RELATED: FMCSA now accepting applications for task force]

  • A letter expressing your interest and qualifications to serve on the committee
  • A resume of relevant work experience
  • One letter of recommendation from someone who knows you and your professional accomplishments firsthand from a supervisor or a colleague

The TLTF will cover these areas related to truck leasing arrangements, including:

  • Exploring predatory truck leasing arrangements in coordination with DOL and the Consumer Financial Protection Bureau
  • Evaluating common truck lease agreements and their terms, identifying and reviewing those that are potentially inequitable in the motor carrier industry
  • Reviewing agreements available to drayage drivers at ports
  • Studying the impact of truck leasing agreements on the net compensation of truck drivers
  • Examining truck leasing arrangements and financing arrangements among motor carriers, entry-level drivers, driver training providers and others involved in the industry
  • Assessing resources that assist truck drivers in reviewing the financial impacts of leasing agreements
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