Canadian carrier Porter Airlines has secured a sale-leaseback deal involving four Embraer E195-E2 jets to be delivered later ...

NASTC President David Owen sees a "knee-jerk reaction" to a complex problem in the FMCSA Truck Leasing Task Force's recommendation to abolish carrier lease-purchase programs.

Motor carriers/affiliates' lease-purchase plans and programs have traditionally been somewhat well-used paths to truck ownership, particularly among operators with otherwise shaky credit, but the ...

Lease-purchase agreements in trucking have a mixed reputation. Under a lease-purchase agreement, a driver can become an owner-operator by entering a lease contract with a carrier.

Exclusive agreements are not just limited to gate space. Airlines also technically own ticketing counters under the agreement, explaining why passengers may see a specific carrier’s branding at ...

Industry leaders say that lease-purchase agreements depend on carrier commitment and establishing proper entry requirements. (OTR Leasing) Companies with favorable driver feedback don’t push ...

It did not address third-party truck lease-purchase programs. If Congress decides not to ban motor carrier lease-purchase programs, the task force recommended significant Congressional and agency ...

Airlines are leveraging this advantage by joining forces with state governments to address the critical challenges of ...

Some lease-purchase agreements require the lease-purchaser to be responsible for all repairs, maintenance, service and upkeep, said Jim Jefferson, supervisor of regulatory, compliance and consumer ...

Federal Motor Carrier Safety Administration (FMCSA) on Monday appointed nine members to serve on a task force charged with evaluating truck lease agreements and the potential safety and financial ...