FMCSA Extends Lease-Purchase Feedback Deadline

In response to a heartfelt request from the Owner-Operator Independent Drivers Association (OOIDA), the Department of Transportation’s Federal Motor Carrier Safety Administration (FMCSA) has decided to extend the remark length for truck drivers to voice their worries about rent agreements. This follows at the heels of the latest appeal from the OOIDA. The request highlighted the want for extra time to acquire and publish comprehensive data on those contentious contracts.

Understanding the Extension

Initially set to close by March 18, the remark period has now been extended to April 2, thanks to FMCSA’s quick response. This decision came after OOIDA pointed out the need to provide additional time, allowing for a broader analysis of the current lease-purchase climate in the trucking industry. OOIDA is requesting donations of data from the Truck Leasing Task Force, which has been chastised for its predatory nature.

As a truck driver, you can read the truck industry news-related articles.

The Role of the Truck Leasing Task Force

Congress set up the Truck Leasing Task Force in 2016 to examine fairness and equality of rent agreements, specifically with a watch on the way hire-purchase contracts are drafted by businesses. The FMCSA intends to gather rent-purchase agreements from truckers to get a clearer photograph of the present-day situation. The overall goal of the take a look at is to identify regions in which exchange is required. This mission force’s paintings are essential to making sure that rent-purchase contracts don’t take advantage of truck drivers, who are crucial to the trucking industry.

Why This Matters

Lease-purchase agreements have long been a warm subject matter within the trucking network. Promising the dream of truck ownership, these agreements regularly tie drivers into destructive phrases, leading to financial difficulty and countless cycles of debt. By extending the remark length, FMCSA offers truck drivers an enormous opportunity to percentage their reviews and contribute to potential coverage adjustments that would reshape the future of truck leasing practices.

How Truckers Can Participate In Person:

Truckers who’ve been harmed with the aid of hire-buy agreements are encouraged to leap forward and percentage their reports. The Mid-America Trucking Show in Louisville, Ky., presents a platform for drivers to voice their worries immediately to the Truck Leasing Task Force. Furthermore, the extension facilitates truckers traveling on the occasion, ensuring that they receive blessings and that their voices are heard and considered.

Related News:

• FedEx Out, UPS In: USPS Cargo’s New Carrier
• What Proficient Auto IPO Could Mean for Truck Drivers
• XPO Trucking Expands Amidst Market Changes
• Trucker Jobs on the Rise – A Promising Start to 2024
• US Truck Driver Shortage – The Ongoing Debate
• Freight Rates Unmoved by Baltimore Bridge Fall

Virtual Attendance:

Truckers who’ve been harmed with the aid of hire-purchase agreements are endorsed to step forward and proportion their reports. The Mid-America Trucking Show in Louisville, Ky., affords a platform for drivers to voice their concerns without delay to the Truck Leasing Task Force. Furthermore, the extension enables truckers to journey the event, making sure that they acquire the blessings and that their voices are heard and considered. The link to register is here

Online Submission of Documents:

The FMCSA has issued comprehensive guidelines to guarantee that submissions are handled properly. Submissions can be made through FMCSA’s official channels (listed below). You can mark them private business information by marking them as confidential. The FMCSA will ensure that confidential information is treated appropriately under the Freedom of Information Act.

Submissions containing business information should be sent to

Dahlin, Brian

On October 15, the Chief of, the Regulatory Evaluation Division, will convene a conference of experts to consult with the Chief on the regulatory evaluation process for Mr. Hickey’s proposal. The panel will discuss various issues, including the scope and importance of the evaluation, and whether there are any suitable alternatives.

The Federal Motor Carrier Safety Administration (FMCSA) was created in 2000 to ensure the safety of commercial drivers.

20590 Washington, DC

Meanwhile, public comments may be submitted through the Regulations.gov site, under the docket number FMCSA-2023-0143.

The following text is a call-to-action quote

A Unified Call for Change

The Federal Motor Carrier Safety Administration’s (FMCSA) choice to grow the remark period, prompted by the Owner-Operator Independent Drivers Association(OOIDA) marketing campaign, is a sizable step towards addressing the challenges of hire-buy contracts. This collaborative effort by using the industry, regulatory authorities, and the OOIDA emphasizes our collective determination to create an open, truthful, and simple trucking environment.

The deadline for drivers to come forward and provide data is approaching, bringing with it a slew of perks for California trucking companies. It’s not just about collecting data; it’s also a chance for truck drivers to participate actively in the decisions that will influence the future of lease-purchase agreements in the trucking business. Every year, the trucking sector gets closer to achieving fair and inclusive leasing procedures that protect the rights of truck drivers throughout the nation.

For more information and articles from the trucking industry, follow us on Facebook or subscribe to our Truck Driver News newsletter.