Photo 9036360 | Raytags |
Commercial motor vehicle lease

FMCSA seeks Truck Leasing Task Force applicants

April 7, 2022
Created by the 2021 infrastructure law, the task force evaluates the financial impacts of commercial vehicle leases and develops future best practices. The agency is looking for trucking industry stakeholders to be part of the 10-person panel.

The Federal Motor Carrier Safety Administration is looking for industry representatives to serve on the new Truck Leasing Task Force, created by the bipartisan Infrastructure Investment and Jobs Act to evaluate the impacts of commercial motor vehicle lease agreements.

“The Truck Leasing Task Force represents one of the important actions the administration is taking to improve the trucking industry,” U.S. Transportation Secretary Pete Buttigieg said. “America’s truck drivers need and deserve fair leasing agreements, and this work will help ensure that leasing is above board.”

See also: Biden to nominate Hutcheson to lead FMCSA

Working with the U.S. Department of Transportation and the Department of Labor, the task force also is part of the White House’s long-term Trucking Action Plan, which wants the government to discuss best practices for future commercial vehicle lease agreements. The agency wants the group to include up to 10 people representing labor organizations, motor carriers, consumer protection groups, legal professionals, owner-operators, and other relevant businesses.

FMCSA said it encourages “diverse, nontraditional representatives, especially women and people of color, to apply to serve on the task force.” More details on qualifications and how to apply can be found here. The application period is open through May 6.

“The Task Force will be instrumental in expanding our understanding of the financial impacts of truck leasing and will reinforce our commitment to quality of life and safety for professional truck drivers,” said Robin Hutcheson, FMCSA’s acting administrator, who was nominated April 6 to be the agency's permanent chief. “We ask those who are interested in joining to reach out so we can better support CMV drivers together."

According to FMCSA, the Truck Leasing Task Force will cover various areas related to truck leasing arrangements, including:

  • Exploring predatory truck leasing arrangements in coordination with the Labor Department 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 commercial motor vehicle 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 commercial drivers in reviewing the financial impacts of leasing agreements. 

            After reviewing these issues, the task force will submit a report to FMCSA and the Labor Department. Its charter runs through February 11, 2024.

            Sponsored Recommendations

            Heavy-Duty Maintenance Checklist

            A maintenance checklist can help ensure you hit everything necessary during an inspection. Check out our free downloadable checklist to help streamline your repairs.

            Five Ways a Little Data Can Save Your Company Millions

            While most trucking and logistics companies rely on cellular to keep their work fleet connected, satellite has the ability to connect anywhere and through small data transmission...

            Fleet Case Study: 15% YOY Growth for ITDS

            Learn how this small trucking company scaled significantly and maintained outstanding customer service without adding additional people. Sylectus TMS can automate operations and...

            Unlocking Fleet Safety & Efficiency: The Managed Service Advantage

            Want to boost your fleet's safety and efficiency? Tune in now to discover the power of Managed Services in optimizing your safety program, streamlining operations, and making ...

            Voice your opinion!

            To join the conversation, and become an exclusive member of FleetOwner, create an account today!