truck leasing News Updates

Business, Equipment

Discover the Hidden Costs of Full-Service Leases

Program Aired: April 10, 2 p.m. ET While you are paying for the convenience of a full service truck lease, you may also be paying extra fees in parts, usage and more. Could your fleet save more new, dynamic lease options?  

April 10, 2025
Government, Business

Fleets Balance Risk and Reward in Truck Lease Agreements

Industry leaders advise that if structured fairly, truck lease-purchase agreements can be vital to the trucking industry.

August 8, 2024
Business, Equipment

Task Force Continues to Examine Truck Purchase Agreements

Members of a specially appointed Truck Leasing Task Force recently concluded that many lease-purchase agreements don't give owner-operators a realistic chance to own their trucks.

July 22, 2024
Business

Finally! A Fixed-Cost Lease Solution for your Fleet

Whether adding or replacing trucks in your fleet, finding the most cost-effective solution is critical to the profitability and success of your business. Variable costs like fuel, tires, and maintenance represent a staggering amount of the expenses in a transportation business. 

June 21, 2024
Government, Business, Equipment

Federal Truck Leasing Task Force Seeking Help From Truckers

Federal trucking regulators have requested truckers, especially owner-operators, to assist the agency’s truck leasing task force by providing information on leasing agreements that they believe are unfair.

February 22, 2024
Government, Business, Equipment

FMCSA Leasing Task Force Begins Work

Members of a federal truck-leasing task force began outlining plans for discussions on how to evaluate potential predatory commercial and motor carrier lease agreements.

July 12, 2023
Government, Business

Regulators Announce Members of Truck Leasing Task Force

Federal regulators have appointed nine individuals to serve on a truck-leasing task force that is charged with evaluating lease agreements in the trucking industry.

May 15, 2023
Business, Equipment, For-Hire, TCA

Penske to Acquire Michigan-Based Star Truck Rentals

Reading, Pa.-based Penske Truck Leasing plans to acquire Star Truck Rentals, a transportation services company that operates facilities in Indiana and Michigan.

May 1, 2023
Business, Equipment

Strong Freight Rates Drive Up Demand for Leased Trucks

The strong freight rates experienced by the transportation industry are driving an increase in truck leasing.

December 17, 2020
Business, Equipment, Logistics, Top 50, Top 100

Penske Announces Fleet Upgrade Leasing Program

Penske Truck Leasing launched a program that lets carriers sell their old trucks so they can lease a new one, the company announced Dec. 7.

December 7, 2020